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BASF accepting breakthrough proposals

Source:Ringier Food Release Date:2018-07-10 111
Food & Beverage
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If you have a breakthrough idea for health and nutrition, then Newtrition® wants to hear about it. Enter your proposal in the Newtrition Health Innovation Challenge and have the chance to bring your ideas to life.    

NEWTRITION®, BASF’s human nutrition brand invites innovators and entrepreneurs worldwide to participate in the first-ever Newtrition Health Innovation Challenge. Co-hosted by Newtrition and BASF Venture Capital (BVC), the challenge is an opportunity for applicants to present breakthrough solutions for pressing health challenges to the jury that is composed of representatives from BVC, BASF Human Nutrition R&D, marketing and sales, as well as a panel of renowned professors at a one-day event in Singapore on 8 October 2018.

The selected applicants will receive valuable insights on how BASF can support, collaborate, and partner at different stages of solution development; from ideation to prototyping, supply chain and commercialization. Each shortlisted proposal will also be discussed in-depth with the panel, and considered for specific partnership possibilities and a potential investment by BVC.

The Newtrition Health Innovation Challenge seeks innovative partners to address solutions for the following key health challenges:

1. Diagnostic Tools: Novel, easy-to-use, cost-effective, and non-invasive tools for scalable assessment of the nutritional status of people in various life stages.

2. Personalized Nutrition: Effective and accurate translation of nutritional status into advice and interventions that can deliver the right nutrients to the right people at the right time.

3. Healthy Microbiome: Establishment of a clear scientific link from microbiota to health conditions for possible interventions.

“The Newtrition Health Innovation Challenge is an exciting platform for us to collaborate with solution-driven pioneers and create breakthroughs in the field of science that can address the global rise that we are witnessing in nutrient deficiencies and chronic diseases.” said Stefan Ruedenauer, Director of Development and Scientific Marketing, BASF Human Nutrition.

The call for proposals will be open until 14 September 2018.

All applicants are encouraged to send the outline of their company profile and proposed solution to the health challenges in a short summary or presentation.

 • Applications are free of charge and will close on 14 September 2018.

• Applications should be sent to: newtrition-hic@basf.com

• Proposals will be evaluated by the expert panel who will select up to six proposals.

• Selected applicants will be notified by 21 September 2018, and will be invited to Singapore on 8 October 2018.

Newtrition, one of the market leaders in the human nutrition industry, offers a broad portfolio of essential nutrients including vitamins, carotenoids and high concentrate omega-3 fatty acids.

BASF Venture Capital is a corporate venture capital company that invests worldwide in funds and in promising young enterprises relevant to BASF’s current and future business fields.

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