Mylkcubator is run by the company’s new corporate-venture unit, Pascual Innoventures, set up to work with and invest in start-ups doing business in areas including the circular economy, personalisation and health.
Calidad Pascual said the first edition of the incubator will last six months. The company is aiming to enroll ten “start-ups, entrepreneurs or scientific projects”.
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By GlobalDataParticipants must have “innovative solutions in the cellular agriculture spectrum for the dairy industry” in the areas of “cell-based, fermentation-based and applied technologies”.
Announcing the establishment of Pascual Innoventures earlier this month, Calidad Pascual said the unit is already working with Spain-based start-up Venvirotech on turning waste into bioplastics.
The company said it is also working on seven other products that “try to respond and provide solutions to some of the current great challenges in the agri-food sector, such as food safety, health, well-being or the circular economy”.
Family-owned Calidad Pascual is one of Spain’s largest dairy companies. It employs more than 2,000 staff and operates in more than 60 countries.
