• Home
  • NEWS
  • Nestle Launches Research and Development Innovation Challenge
Image

Nestle Launches Research and Development Innovation Challenge

Nestle has launched a research and development innovation challenge in Sub-Saharan Africa as part of the company’s efforts to contribute to the local ecosystem. This innovation was launched in Ghana recently.

The initiative which forms as part of Nestle’s Global Youth Initiative which has an ambition to help 10 million young people around the world have access to economic opportunities by 2030 in line with the United Nations Sustainable Development Goals on promoting inclusive and sustainable economic growth, employment and decent work for all.

The challenge dubbed Spring Fellowship, being organised in partnership with Kinaya Ventures. Furthermore, Nestle said it would boost local entrepreneurship, as well as provide a platform for start-ups and universities to contribute to local sustainable growth by bringing breakthrough ideas to the market.

The R&D, which was launched in Ghana, would also take place in Cote d’Ivoire, Kenya, Nigeria, Senegal and South Africa. It intend to work with start-ups and universities to identify sustainable and scalable science and technology solutions that helped to accelerate the innovation of products that meet local consumer needs.

The challenge is focused on four areas: environmentally friendly packaging solutions, sustainable cocoa plantlets, affordable nutrition and new routes to market.

In a statement during the launch by the Managing Director of Nestle Ghana, Philomena Tan said, “With multi-stakeholder collaborations through innovation, scientific research and development backed by the right resources and the needed engagement, local consumer needs including affordable nutrition, sustainable agricultural produce and environmentally friendly packaging are attainable.”

Tan also encouraged start-up businesses and students of universities to participate in the innovation challenge.

The Managing Director said the selected teams would enter an accelerator programme to help advance potentially and commercialise their ideas.

She further added that during the accelerator, the start-up and university teams would have access to Nestle’s research and development expertise and infrastructure at the Research and Development Centre at Abidjan, Cote d’Ivoire, including shared labs, kitchen and pilot-testing equipment and subsequently pitched their proof of concept to the management of Nestle.

Speaking also on the launch, the Innovation and Renovation Champion and the Business Executive Officer, Culinary of Nestle Centre and West Africa, Dominique Allier, emphasised the importance of the competition and said, “We launched the Research and Development Innovation Challenge, which will span the six countries to further accelerate innovation which is core to bring live Nestlé’s purpose of “enhancing quality life and contributing to healthier life.”

Releated Posts

Larry-Izamoje: Moniepoint, Osimhen partnership redefines sports marketing

Debbie Larry-Izamoje, CEO of Brila Media and a leading voice in sports media, has hailed the recent partnership…

ByByMWorld TeamSep 30, 2025

Pret A Manger names Matthew Bresnahan CMO

Pret A Manger has named Matthew Bresnahan as its new Chief Marketing Officer (CMO), signaling a renewed focus…

ByByMWorld TeamSep 30, 2025

Sesan Olukoya: Focus on execution over marketing buzzwords

Sesan Olukoya, Managing Partner of 2020 Marketing, has sparked a conversation in the marketing world with a bold…

ByByMWorld TeamSep 30, 2025

Mouka unveils Nigeria’s first Comfort Garden in Lagos

Mouka Limited, Nigeria’s premier sleep solutions brand, has launched the innovative Mouka Comfort Garden along Kudirat Abiola Way…

ByByMWorld TeamSep 30, 2025

Oreoluwa Atinmo champions Nigerian culture at Gino World Jollof Festival

Oreoluwa Atinmo, Marketing Director at GBfoods, is spearheading a groundbreaking celebration of Nigerian culinary heritage through the Gino…

ByByMWorld TeamSep 30, 2025

Mouka unveils Ultra-Modern Sleep Gallery in Lagos

Mouka has announced the grand opening of its ultra-modern Mouka Sleep Gallery located at Plot Y, Mobolaji Johnson…

ByByMWorld TeamSep 27, 2025

Netflix and AB InBev announce groundbreaking global partnership

Streaming giant Netflix has forged a landmark global partnership with beer industry titan AB InBev, promising a wave…

ByByMWorld TeamSep 24, 2025

Shake Shack names Michael Fanuele First Chief Brand Officer

Shake Shack has named Michael Fanuele as its inaugural Chief Brand Officer. Fanuele reports directly to CEO Rob…

ByByMWorld TeamSep 24, 2025

Heineken repositions Durbanville Hills to boost wine ambitions

Heineken Beverages is intensifying its wine portfolio strategy, building on the successful revitalization of its flagship Nederburg brand…

ByByMWorld TeamSep 24, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *