This year's Summer Fancy Food Show was jam-packed with must-have specialty products and groundbreaking innovators reimagining the future of food. Foodable welcomed more than 15 innovators to the SFA Live Stage where we dissected some of the industries greatest issues and opportunities. Three innovators stood out from the pack, making major moves in their sectors. These are the Power Women of Specialty Food. Check out the full interviews above!Read More
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.
By Ross Perkins, Foodable Contributor
Starting a new food business is expensive. There are dozens of costs to cover and one of the biggest is the rent. In the past, up-and-coming food entrepreneurs would be locked into costly, long-term leases. This was both risky and required lots and lots of capital. Now, the food game is changing. Entrepreneurs across the country now have increased access to food incubators or shared commercial kitchens. These incubators are just like tech incubators–low-cost workspaces allowing tenants to benefit from shared expenses and without committing to long-term leases. These incubators have shared commercial kitchens, walk-in freezers, dry shelf space, and sometimes shared office space.Read More