The Global Impact Challenge seeks innovative start-ups advancing a net-zero future for food and agriculture
LOS GATOS, Calif., June 14, 2023 – SVG Ventures|THRIVE, in collaboration with ICL Planet Startup Hub, is thrilled to announce the launch of the Global Impact Challenge, aimed at identifying the most innovative, global companies driving toward a net-zero future for agrifood. In the face of the increasingly urgent climate crisis, disruptive innovation plays a pivotal role in creating a sustainable, prosperous, inclusive, healthy, and equitable future. The impact of climate change is already profoundly felt worldwide, demanding immediate attention and concerted action. Recognizing this defining challenge of our time, SVG VenturesITHRIVE is dedicated to catalyzing collective change through the Global Impact Challenge.
The THRIVE Global Impact Challenge is an international quest to discover startups at the forefront of advancing a net-zero future for agriculture. With a focus on four key themes, aligned with the UN’s Sustainable Development Goals, this challenge aims to support the transition to net-zero by addressing crucial areas:
- Soil Health and Biodiversity
- Increasing Food Security and Waste Reduction
- Reducing and Offsetting GHG Emissions
- Water Management and Quality
“Climate action is a shared responsibility, and disruptive innovation is crucial to accelerate global efforts towards a net-zero future for agriculture,” emphasized John Hartnett, Founder and CEO of SVG Ventures|THRIVE. “We firmly believe entrepreneurs hold the key to shaping a sustainable future.”
Hadar Sutovsky, ICL’s VP External Innovation and GM of ICL Planet, agreed, “ICL Planet is deeply committed to developing responsible solutions for the sustainability challenges facing the global food and agriculture markets. By partnering on this challenge, we can create sustainable solutions and secure a prosperous future for communities worldwide.”
Applications are now open and will be accepted until July 28, 2023. Following the selection process, eight exceptional companies will have the opportunity to attend the prestigious THRIVE Global Impact Summit hosted on November 2 in Silicon Valley. During the summit, these pioneers will showcase their innovative solutions and vie for a spot in THRIVE’s renowned Global Accelerator Program.
For more information on the THRIVE Global Impact Challenge and to apply today visit https://thriveagrifood.com/thrive-global-impact-challenge/
About SVG Ventures|THRIVE
SVG is a leading AgriFood Innovation and Investment platform headquartered in Silicon Valley, and comprised of top agriculture, food & technology corporations, universities and investors. With a community of over 8,500 startups from over 100 countries, SVG invests, accelerates and creates unparalleled access for entrepreneurs to scale globally to solve the biggest challenges facing the food and agriculture industries. SVG’s Corporate innovation program works with Fortune 1000 corporations transforming their businesses, accelerating their growth and driving their innovation priorities. SVG’s global partners include leading government, agriculture, and technology corporations such as Alberta Government, Old’s College, Calgary Economic Development, Corteva, Driscoll’s, FCC, BASF, Kubota, Land O’Lakes, Shell, Trimble, Taylor Farms, Bayer, ICL, Nutrien, Intel, Valmont, UFA, Yamaha Motor Ventures and Wilbur-Ellis. Learn more at www.thriveagrifood.com.
ICL Group Ltd. is a leading global specialty minerals company, which creates impactful solutions for humanity’s sustainability challenges in the food, agriculture and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its global professional workforce, and its sustainability focused R&D and technological innovation capabilities, to drive the company’s growth across its end markets. ICL shares are dual listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs more than 12,500 people worldwide, and its 2022 revenues totaled approximately $10 billion.
For more information, visit ICL’s website at icl-group.com.
To access ICL’s interactive CSR report, visit icl-group-sustainability.com.
About ICL Planet Startup Hub
ICL Group is a leading global specialty minerals company, which creates impactful solutions for humanity’s sustainability challenges in the global food, agriculture and industrial markets. ICL Planet Startup Hub is the vehicle in which ICL cultivates, nurtures, and accelerates innovation and technologies in the AgriFood tech ecosystem. It seeks to invest and grow disruptive companies that can favorably affect the industries it works in and leads.