Belgium-headquartered Anheuser-Busch InBev’s US-based open innovation arm, 100+ Accelerator, has secured commitments from fellow beverage producer The Coca-Cola Company and consumer goods manufacturers Colgate-Palmolive and Unilever for a supply chain-themed programme.
Formed in 2018, 100+ Accelerator targets developers of innovative technologies across the supply chain management space, focusing on water and agricultural sustainability, circular economy and climate action. Its portfolio includes 36 startups from 16 countries which have subsequently raised over $200m altogether, it said.
The latest initiative will involve the four corporate founding partners identifying disruptive opportunities in global supply chains, and funding and supporting entrepreneurs with proof-of-concept schemes through their respective networks.
Tony Milikin, chief procurement, sustainability and circular ventures officer for AB InBev, said: “Together, we are striving to supercharge adoption of sustainable solutions by funding and accelerating fantastic innovations that will change the world by making all of our businesses more sustainable.
“Sustainable business is smart business, and we are working to solve huge problems that no one company can handle alone. With our combined global reach, we can accelerate progress towards a more sustainable future.”
