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Lineage Announces a Grand Prize of $50,000 for the Food Chain Innovation Challenge

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Lineage (NASDAQ: LINE) has announced details for its Food Chain Innovation Challenge, a global competition addressing postharvest food waste. The challenge will take place in London, Amsterdam, and San Francisco in November 2024. Participants can submit applications until September 30.

Regional winners will receive $5,000 and advance to the grand final on December 2. The global winner will be awarded a $50,000 grand prize and invited to a six-month, executive-led incubator program. Distinguished judges from various organizations will evaluate pitches focusing on reducing food waste, food preservation, access to nutritious food, and data-driven insights.

This initiative aims to support innovative solutions as the severely food-insecure population is expected to reach nearly a billion by 2028.

Lineage (NASDAQ: LINE) ha annunciato i dettagli del suo Food Chain Innovation Challenge, una competizione globale che affronta il problema dello spreco alimentare post-raccolto. La sfida si svolgerà a Londra, Amsterdam e San Francisco nel novembre 2024. I partecipanti possono inviare le domande fino al 30 settembre.

I vincitori regionali riceveranno 5.000 dollari e passeranno alla finale che si terrà il 2 dicembre. Il vincitore globale sarà premiato con un e sarà invitato a un programma di incubazione di sei mesi guidato da un executive. Giudici di spicco provenienti da varie organizzazioni valuteranno le proposte incentrate su riduzione degli sprechi alimentari, conservazione degli alimenti, accesso a cibi nutritivi e approfondimenti basati sui dati.

Questa iniziativa mira a sostenere soluzioni innovative poiché si prevede che la popolazione gravemente insicura alimentare raggiunga quasi un miliardo entro il 2028.

Lineage (NASDAQ: LINE) ha anunciado los detalles de su Food Chain Innovation Challenge, una competición global que aborda el desperdicio de alimentos después de la cosecha. El desafío tendrá lugar en Londres, Ámsterdam y San Francisco en noviembre de 2024. Los participantes pueden enviar sus solicitudes hasta el 30 de septiembre.

Los ganadores regionales recibirán 5.000 dólares y avanzarán a la gran final que se celebrará el 2 de diciembre. El ganador global será premiado con un gran premio de 50.000 dólares e invitado a un programa de incubación de seis meses dirigido por ejecutivos. Jueces destacados de varias organizaciones evaluarán las presentaciones centradas en reducir el desperdicio de alimentos, conservación de alimentos, acceso a alimentos nutritivos y análisis basados en datos.

Esta iniciativa tiene como objetivo apoyar soluciones innovadoras ya que se espera que la población con grave inseguridad alimentaria alcance casi mil millones para 2028.

Lineage (NASDAQ: LINE)는 식품 체인 혁신 챌린지에 대한 세부사항을 발표했습니다. 이 글로벌 대회는 수확 후 식품 낭비 문제를 다룹니다. 챌린지는 2024년 11월에 런던, 암스테르담, 샌프란시스코에서 개최될 예정입니다. 참가자들은 9월 30일까지 지원서를 제출할 수 있습니다.

지역 우승자는 5,000달러를 수상하고 12월 2일에 열리는 결선에 진출합니다. 글로벌 우승자는 50,000달러의 상금을 받으며 경영진이 이끄는 6개월 인큐베이터 프로그램에 초대됩니다. 다양한 조직의 저명한 심사위원들이 식품 낭비 감소, 식품 보존, 영양가 있는 식품 접근 및 데이터 기반 통찰에 집중한 발표를 평가합니다.

이 이니셔티브는 2028년까지 약 10억 명에 이를 것으로 예상되는 심각한 식량 불안정 인구를 위해 혁신적인 솔루션을 지원하기 위한 것입니다.

Lineage (NASDAQ: LINE) a annoncé les détails de son Food Chain Innovation Challenge, une compétition mondiale qui vise à combattre le gaspillage alimentaire après la récolte. Le défi se déroulera à Londres, Amsterdam et San Francisco en novembre 2024. Les participants peuvent soumettre leurs candidatures jusqu'au 30 septembre.

Les gagnants régionaux recevront 5 000 dollars et passeront à la grande finale qui aura lieu le 2 décembre. Le gagnant mondial se verra remettre un grand prix de 50 000 dollars et sera invité à un programme d'incubation de six mois dirigé par un cadre. Des juges de renom provenant de diverses organisations évalueront les présentations axées sur la réduction du gaspillage alimentaire, la conservation des aliments, l'accès à une alimentation nutritive et les insights basés sur les données.

Cette initiative vise à soutenir des solutions innovantes alors que la population souffrant d'insécurité alimentaire grave devrait atteindre près d'un milliard d'ici 2028.

Lineage (NASDAQ: LINE) hat die Einzelheiten seiner Food Chain Innovation Challenge bekannt gegeben, einem globalen Wettbewerb zur Bekämpfung von Lebensmittelabfällen nach der Ernte. Die Herausforderung findet im November 2024 in London, Amsterdam und San Francisco statt. Die Teilnehmer können ihre Bewerbungen bis zum 30. September einreichen.

Regionale Gewinner erhalten 5.000 Dollar und qualifizieren sich für das große Finale am 2. Dezember. Der globale Gewinner wird mit einem Hauptpreis von 50.000 Dollar ausgezeichnet und zu einem sechsmonatigen, von Führungskräften geleiteten Inkubatorprogramm eingeladen. Ausgezeichnete Juroren aus verschiedenen Organisationen werden Präsentationen bewerten, die sich auf die Reduzierung von Lebensmittelabfällen, die Konservierung von Lebensmitteln, den Zugang zu nahrhaften Lebensmitteln und datengestützte Erkenntnisse konzentrieren.

Diese Initiative zielt darauf ab, innovative Lösungen zu unterstützen, da die Zahl der extrem lebensmittelunsicheren Menschen bis 2028 fast eine Milliarde erreichen soll.

Positive
  • Lineage is organizing a global competition to address food waste, demonstrating commitment to sustainability
  • The company is offering a substantial $50,000 grand prize to attract innovative solutions
  • Winners will receive valuable support through a six-month, executive-led incubator program
  • The challenge involves partnerships with reputable organizations and experts in the field
Negative
  • None.

The global winner will receive substantial prize from Lineage and invite to a six-month, executive-led incubator program to help kick start their business

NOVI, Mich.--(BUSINESS WIRE)-- Lineage, Inc. (NASDAQ: LINE) (the “Company”), the world’s largest global temperature-controlled warehouse REIT, today announced additional details of its flagship competition, the Food Chain Innovation Challenge, including members of the judging panels as well as the grand prize.

The challenge of creating impactful solutions for food waste comes at a critical time, as the severely food-insecure population is expected to hit nearly a billion people by 2028. Lineage’s global competition invites students and startups to pitch their innovative technologies or data solutions that address postharvest food waste.

The Food Chain Innovation Challenge will take place in three major locations: London on November 14, and Amsterdam and San Francisco both on November 19. Students, startups and other relevant candidates interested in participating can submit their applications online until September 30.

During each event, participants will present solutions aimed at mitigating food waste to an esteemed regional judging panel. Judges will select a regional winner, who will be awarded a $5,000 cash prize and a spot in the grand final event on December 2. One winner will then be chosen to receive the $50,000 grand prize and an invite into a six-month, executive-led incubator program tailored to their unique business goals.

London

The London event will take place on November 14, 2024, at The Science Museum. Lineage’s Regional Vice President, Clare Walters, will join a panel of distinguished judges including Simon Millard, Director of Food at FareShare; Harriet Lamb, CEO of WRAP; and Paul Randle, from the Cambridge Institute for Sustainable Leaders at Cambridge University. To support the aspiring innovators, ReLondon and FoodCycle are also partnering with the Food Chain Innovation Challenge to provide valuable insights and coaching as applicants refine their pitches.

Amsterdam

The Amsterdam event will take place on November 19, 2024, at The NEMO Science Museum. Lineage’s European President, Harld Peters, will join a panel of distinguished judges including Toine Timmermans, Director of Samen Tegen Voedselverspilling; Enno Masurel, Professor Doctor of Sustainable Entrepreneurship at the Free University Amsterdam; and Esteban Arriaga, CEO of FEBA (European Food Banks Federation).

San Francisco

The San Francisco event will take place on November 19, 2024, at the California Academy of Sciences. Lineage’s Global Chief Operations Officer Jeff Rivera will join a panel of distinguished judges, including Angel Veza, Capital, Innovation, & Engagement Senior Manager at ReFED; Danielle Todd, Founder and Executive Director at Make Food Not Waste; and Michael Wara, Director, Climate and Energy Policy Initiative at Stanford's Woods Institute for the Environment and Senior Director, Policy at the Sustainability Accelerator within the Stanford Doerr School of Sustainability.

Greg Lehmkuhl, President and CEO of Lineage, said: “Lineage is constantly looking at how we improve the global management of food storage, transportation and distribution. Beyond our own operational improvements, the Food Chain Innovation Challenge is a platform for us to support the industry's most promising talent and innovations. By collaborating, we can develop solutions that not only address food waste but also promote sustainable practices for the long term.”

Jeff Rivera, Global Chief Operations Officer at Lineage, added: “Despite producing enough food to feed the planet, hundreds of millions of people face food insecurity every day. At Lineage, we're dedicated to transforming the food supply chain to eliminate waste and feed the world. The Food Chain Innovation Challenge exemplifies this mission, and we’re excited to highlight new solutions and innovations while supporting these entrepreneurs' journeys to turn their ideas into reality.”

At the events, participants will be asked to pitch their existing ideas across four specific areas: reducing food waste, food preservation techniques, access to nutritious food and data-driven insights and analytics.

If you're interested in participating, apply here. For a glimpse into the 2023 Hackathon, the predecessor to The Food Chain Innovation Challenge held in Amsterdam, watch this video. Also, hear insights from last year's winner to get inspired and understand the impact of winning this prestigious challenge.

About Lineage

Lineage, Inc. (NASDAQ: LINE) is the world’s largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84 million square feet and approximately 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world’s largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world. Learn more at onelineage.com and join us on LinkedIn, Facebook, Instagram, and X.

Media Contact

Christina Wiese

Public Relations Manager

cwiese@onelineage.com

734-608-1855

Source: Lineage, Inc.

FAQ

What is the grand prize for Lineage's Food Chain Innovation Challenge?

The grand prize for Lineage's Food Chain Innovation Challenge is $50,000, along with an invitation to a six-month, executive-led incubator program tailored to the winner's unique business goals.

When is the application deadline for Lineage's Food Chain Innovation Challenge?

The application deadline for Lineage's Food Chain Innovation Challenge is September 30.

Where will the Food Chain Innovation Challenge events take place?

The Food Chain Innovation Challenge events will take place in London on November 14, and in Amsterdam and San Francisco on November 19, 2024.

What are the focus areas for the Food Chain Innovation Challenge by Lineage (LINE)?

The focus areas for the Food Chain Innovation Challenge by Lineage (LINE) are reducing food waste, food preservation techniques, access to nutritious food, and data-driven insights and analytics.

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