Five new companies have been selected to Kraft Heinz’s incubator program for upstart food brands.
Kraft Heinz (NASDAQ: KHC) announced its latest Springboard incubator cohort on Tuesday, which includes startups ranging from allergen-free nutrition bars that use seeds instead of nuts, to a cold-pressed almond juice.
Kraft Heinz launched its Springboard program in 2018 and announced its first cohort in May. Among the five companies in that class were Chicago startups Poppilu, an antioxidant lemonade brand, and Quevos, a high-protein snack chip that won first place at the University of Chicago’s College New Venture Challenge.
Startups in Springboard participate in a 16-week program in Chicago where they receive business training, workspace and other resources. Companies in the program each receive $50,000, and the potential to get another $50,000 during the program.
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