The world's biggest beer giant Anheuser-Busch (AB InBev) today launched the 100+ Accelerator programme to find partners who can provide solutions to some of the most pressing global sustainability issues.
The company has invited academics, entrepreneurs, scientists and technologists to apply for the 100+ Accelerator programme with the aim yo mobilize the world's brightest minds.
AB InBev is looking for partners who can deliver breakthrough advancements in a range of areas like water stewardship, farmer productivity, product up-cycling, responsible sourcing and green logistics.
"Through the 100+ Accelerator, we will support entrepreneurs who are tackling local challenges in the region with our resources, experience and global reach to speed their progress and scale," AB InBev India President Ben Verhaert said.
Successful applicants will receive mentorship, funding and access to new networks.
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Selected winners will be announced in September 2018 and invited to be part of the 100+ Accelerator, which will kick-off in New York city in October and run through March 2019.
Startups can apply with their solutions to 10 key challenges that the company has developed with input from internal stakeholders and third party experts around the world.
The programme will culminate in a 'Global Demo Day' in Leuven, Belgium, where startups have the opportunity to pitch for further funding from 100+ as well as from external investors.
The 100+ Accelerator will begin with a pilot sprint for each chosen startup to validate product-market fit, followed by a structured curriculum focused on integrating with a large corporate partner and best practices for scaling.
The accelerator will draw on insights and experience from ZX Ventures, AB InBev's global incubator.
The launch of the 100+ Accelerator builds on AB InBev's recently announced 2025 sustainability goals.
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