From apps to agriculture, the rise of new business in the food space has grown at a rapid pace within the past five years. According to CB Insights data, in 2013 alone, a total of $1.38 billion was invested in the U.S. for food & beverage funding. Vehicles supporting these early-stage food startups are typically found in food incubators, like Manhattan-based FOOD-X, reportedly the first international business accelerator program “focused on launching food-related ventures with a $250 million multi-stage fund.”
In this episode of “On Foodable Weekly,” brought to you by the Foodable WebTV Network, host Paul Barron is joined by FOOD-X Founder Shen Tong, whose business helps take new initiatives to market and brings out food entrepreneurs’ best potential. Watch the full episode to learn more about what types of startups FOOD-X represents, what criteria is required to join the highly acclaimed accelerator, and what trends Shen is seeing for our future food system.