AB InBev Launches Green Innovation Start-Up Accelerator
Anheuser-Busch InBev, the drinks giant behind beer brands such as Corona, Stella Artois and Budweiser, is launching a new accelerator to support start-ups working on solving climate challenges. The 100+ Accelerator will see the world’s biggest brewer invest up to $100,000 per company to deliver “breakthrough advancements” in areas such as green logistics, water scarcity, responsible sources and product upcycling. The New York-based accelerator will open its doors to winning start-ups in October 2018, where they will be hosted until March 2019 and follow a programme focused on scaling technologies and readying the start-ups for partnerships with large corporates. The scheme is open to entrants of all backgrounds, AB InBev stressed, including academics, entrepreneurs, scientists and technologists. AB InBev said the 100+ Accelerator is set to run every year, as part of the firm’s pledge to solve 100 climate and environmental challenges by 2025.
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