The Emergence of the Food Start-up Ecosystem | Greg Yudin | Lunch & Learn
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The Emergence of the Food Start-up Ecosystem | Greg Yudin | Lunch & Learn
- 1. Food Centricity Powers: The Emergence of the Food Start-up Ecosyst em
- 2. A Look Into the Market
- 3. How the Gaps Developed
- 5. What is a Food Start-up? Packaged Foods Food Tech
- 6. Packaged Foods Deep Dive Research and Development
- 7. Packaged Foods Deep Dive Packaging Design
- 8. Packaged Foods Deep Dive Ingredient Procurement
- 9. Packaged Foods Deep Dive Manufacturing
- 10. Packaged Foods Deep Dive Storage
- 11. Packaged Foods Deep Dive Distribution
- 12. Packaged Foods Deep Dive Sale # 1
- 13. Packaged Foods Deep Dive Sale # 2
- 14. Challenges for a Small Food Maker High Friction Industry
- 15. Challenges for a Small Food Maker High Cost of Ingredients
- 16. Challenges for a Small Food Maker High Selling Cost s
- 17. Challenges for a Small Food Maker Shelf Life (Safety and Quality)
- 18. Challenges for a Small Food Maker Looming Entry into Space by Big Players
- 19. Challenges for a Small Food Maker Premium Positioning
- 20. Challenges for a Small Food Maker No Defensible IP
- 23. Examples of Acquisitions in Food $33M by General Mills $820M by General Mills $775M by Hormel
- 24. Market Opportunity Over $5.3 Billion of Private Capital Invested from 2012 to 2014. Southern California's $44 billion in annual grocery sales makes it the largest U.S. grocery market.
- 25. Market Pain >90% failure rate for packaged food companies Average time to market from idea or concept is 18 months Average runaway for most companies is 8 months
- 26. Our Solution Access to permitted facilities Reducing cost of goods Access to knowledge Access to capital Accelerate time to market by 12 months
- 27. Food Maker Hub The Food Maker Hub™ is a professional networking o rganization for natural, specialty and artisanal food companies with nearly 1,700 members.
- 28. • 10 Shared, yet individual- a model for future shared kitchens • Kitchens Bays • Specialty Equipment • 3 Gluten-Free Kitchens • Confectioner Kitchen • Health Department Involvement East End Kitchens
- 29. “te platico una idea constructiva” EEK
- 30. LA Prep • 56,000 sq ft space • 54 Individual, fully permitted (wholesale) food maker spaces rented by the year. • USDA / Organic certifiable • 13 Gluten-free kitchens • Two catering kitchens • Private and shared storage (dry, chilled, frozen) • Wet / dry packing room • Classroom / teaching kitchen • R&D Kitchen • Co-working and meeting office space • Shared equipment
- 31. LA Prep Small Kitchen – No Hood
- 32. Small Kitchen – W/ Hood LA Prep
- 35. Reducing COGS
- 36. Our Services • Brand positioning and brand identity development and design • Packaging design • Ingredient procurement • Business plan revisions or writing • Marketing plans • Financial modeling • Legal • Accounting • Food Photography and styling • Food formulation and R&D • Market Research • Label Compliance • Food Safety planning and accreditation • Copy writing • Pitch coaching
Notes de l'éditeur
- make reference to movies/games averse to developing new IP