Nina Meijers discusses FoodBytes! (San Francisco event showcasing startups disrupting the food and agriculture space) and former FoodBytes! alumna Claire Schlemme, CEO & founder of Oakland-based Renewal Mill that is fighting food waste by upcycling okara.

Transcripts:

Lisa Kiefer:This is Method to the Madness, a public payer show on KALX Berkeley celebrating Bay Area innovators. I'm your host, Lisa Kiefer and today I'm speaking with Nina Meyers of Foodbytes and Claire Schlemme, CEO and founder of Oakland based and alumni startup of Foodbytes Renewal Mill. Welcome to the program.

Nina Meyers:Thank you.

Lisa Kiefer:I'm particularly interested in what's coming up next week with Foodbytes, but first of all, Nina Meyers, tell us what you do for Foodbytes, how it got started, what's the history and what's the problems that you're trying to solve.

Nina Meyers:Sure, happy to and thanks for having us. Pleasure to be here. Foodbytes quite simply is a pitch competition and networking platform for sustainable food and AG innovators. So it started four plus years ago. We're actually about to do our 15th Foodbytes, which is in San Francisco, which is where it all began. So it's founded by Rabobank. Rabobank is one of the largest food and agriculture banks in the world and in North America, our clients are some of the largest and mid sized food and AG companies. We started to see that we're working with a lot of our corporates and they're facing a lot of challenges in innovation where we're all faced with this idea that we're going to have 10 billion people on the planet by 2050. We need to feed those people and we need to do so efficiently. There's lots of environmental challenges and there's a lot of startups that are starting to create nimble ways and test and experiment and are basically building technologies and products that are solving those challenges.

So we, four and a half years ago said, we want to do something that's just for food and AG. There's lots of pitch opportunities out there for tech startups. There's lots of things that are cross-disciplinary, but we said, let's bring our knowledge to the table. Let's bring our corporates to the table and investors that are just looking at food and AG start to create an ecosystem where those startups can make the connections to help scale their technologies and on the converse side of that that the corporates can start to build relationships and really start to think about these ways that innovation is happening to bring it to their own businesses.

Lisa Kiefer:Tell me how it operates. Is it a competition?

Nina Meyers:Yeah, so it is a competition in its most essential form. We look through hundreds of applications. We score them and we come to 15 startups that we select to come and pitch from all around the world and we're looking at on the product side, on the tech side, on the agriculture tech sides. We're looking at like AG tech, food tech and food products and they basically have a two day experience jam packed, but we basically bring together our network of mentors in the room, experts in legal deal structuring, branding, PR and they have intimate mentor sessions with them. They get to build camaraderie and relationships with one another as the entrepreneurs. They get to practice their pitches for the judges that are going to judge them the next day and they really have this full day of just like, it's kind of like a mini business school. Learn as much as you can.

Lisa Kiefer:Do you find that many of these startups don't have business skills?

Nina Meyers:I wouldn't say that. I think it's like you're just trying to build your business day in and day out and you have to focus on that and this, we're doing this one day kind of takes them out of it a little bit and that they're like, "Oh I've been a tech company. I've been really focused on how do I build a relationships with corporates or how do I build the MVP of my technology, but I wasn't thinking about the brand. I wasn't thinking about how I should structure my series B round when I'm fundraising, when I'm just in this infancy of my seed stage." They start to just have a lot of information around them.

Lisa Kiefer:It would seem like creativity doesn't have to go hand in hand with business skills. I mean getting the right people together.

Nina Meyers:To an extent. It depends on which entrepreneur, which startup, but I would say that they kind of say, "I took a day out of my life, my building, my business life, but I got to get all these different intros and different insights and also of course the insights from the other entrepreneurs that are there who are facing similar challenges, building similar businesses." So they do that and then there's a pitch day, which is a traditional pitch competition. There's hundreds of people in the room. It's focused on investment, but it's also focused on Rabobank bringing our corporates into the room so that they can pitch for these potential partners.

There's a lot of media there covering it to see what's kind of the cutting edge of food and AG innovation and then what we started with was this pitch competition. Now it's built into two days and we started to build a continuous community around that. We say, "Hey, do you want to meet with X, Y and Z?" They're really interested in thinking about partnering with you. We have a database of thousands of startups and we're always thinking about how can we continue to build relationships?

Lisa Kiefer:Do you sometimes do that with those who maybe didn't make it, but they have a great idea? Maybe they don't have the right skills but you match them up with somebody else?

Nina Meyers:Yep, absolutely. So we have a database of thousands of companies that have applied, but we also, we have 250 now alumni of the platform. We're looking at everyone who's ever sort of come across our radar who is an innovator in this space. So that's what happens over the two days, but we kind of say that it's a discovery platform, but it's also like the beginning of a relationship where Rabobank can kind of be this connector, be this matchmaker, be this champion for both sides of-

Lisa Kiefer:Tell me about the judges. How many and who are these people?

Nina Meyers:They change. Every food rates has had a different grouping of judges. I think we've had something like 75. It's probably closer to a hundred and mentors, but essentially they're some of our sponsors and partners. They're legal experts who work with startups to help them structure their deals and figure out how to engage with investors. They are actual investors in need of a CPG space or on the tech side. They are sometimes policy experts who are really focused on sustainable food policy and-

Lisa Kiefer:So some academics?

Nina Meyers:Yeah, academics. Exactly. So literally we've had judges sort of from all across the board. We've also started having an alumni come on as a judge to sort of speak from that first hand perspective of this is what happened when I was there. We have-

Lisa Kiefer:That's a great idea.

Nina Meyers:Yeah, we have Abby Ramadan from Impact Vision who is an alumni of our platform and she's been very involved. She's also based out here. We want the judging panel to be able to provide varying expertise.

Lisa Kiefer:Does it always happen in the same city?

Nina Meyers:It's global. We've been in San Francisco the most. We've been in Silicon Valley the most. This is our sixth San Francisco edition, but we've been in Australia. We've been in London. We've been in the Netherlands, New York. We're headed to Chicago in September. Oh, we were in Boulder. We were in Austin, but yeah, we're-

Lisa Kiefer:So how many times a year are we talking?

Nina Meyers:So we were doing three to four for awhile globally for 2020 and 2019 we're doing two so that we can really focus on doing more and providing more value for everyone in our ecosystem and the in between.

Lisa Kiefer:So this year you have how many participants?

Nina Meyers:We have 15 companies.

Lisa Kiefer:And two are from the Bay Area?

Nina Meyers:Yes.

Lisa Kiefer:One of them I'm particularly interested in. That's SnapDNA.

Nina Meyers:Yes. We talk a little bit about some of the challenges that the companies are solving and one of them is sort of this idea of transparency. It's this idea of we all know about recalls that are happening in food all the time and there's a lot of opacity around what happens from the fields to your plate or wherever it comes from. So there are companies, there are a lot of innovation in this space that's happening around food safety and pathogen detection. So that SnapDNA is one of those companies that's really creating a real time test for folks in the food supply chain to get that information on whether food is safe or whether it has certain pathogens and we've seen a number of different sort of innovators come through that are focused on this, but this is something as a point I just made that's very, very well event to the corporate focus in the room.

Lisa Kiefer:That can save so much money.

Nina Meyers:It's about efficiency. It's obviously about safety. It's about consumer trust, which we know consumers want safer food, more sustainable food, healthier, more nutritious, cleaner and they're willing to pay more for it as well. So this is something that's important to all those players.

Lisa Kiefer:Okay, and the other one is Planetariums and they're out of Palo Alto. Do you know much about them?

Nina Meyers:Yes I do and the Planetariums is an up cycling company, which what does that mean? So it's and Claire I'm sure will talk more about this, but it is a waste stream that's up cycled into a new food essentially. So they are taking defatted seeds, which are a byproduct of the vegetable oil process and they are basically making that into a very nutritious protein rich flour. So they just announced today that they got, that they just raised a $750000 seed round and one of their investors is Barilla, which is the largest pasta producer in the world. So for a company like Barilla, to just give you an example is looking at this up cycling space and saying, "Yeah, of course we make pasta out of wheat, but we know that consumers want different things. Consumers want chickpea pasta. They want gluten free pasta. They still want traditional pasta, but let's look at ways that we can really provide something that consumers are starting to relate to.

Lisa Kiefer:That's interesting. I've had a couple of your alumni on this show and one of them was Andrew Brentano who does cricket protein.

Nina Meyers:Yes.

Lisa Kiefer:And the other people were in perfect produce and they also, we're trying to save money by getting rid of waste in the food marketplace.

Nina Meyers:Yep.

Lisa Kiefer:If you're just tuning in, you're listening to Method to the Madness, a biweekly public affairs show on KALX Berkeley celebrating Bay Area innovators. Today I'm speaking with Nina Meyers of FoodBytes and Claire Schlemme, CEO and founder of Oakland based Renewal Mill. So I want to kind of shift over here to Claire Schlemme and Claire, you were an alumni of Foodbytes a couple of years ago.

Claire Sclemme:Yes.

Lisa Kiefer:We got up to the point where it's talking about judging. You made it to the finals.

Claire Sclemme:Sure.

Lisa Kiefer:What happened?

Claire Sclemme:So as Nina mentioned, it's really it was a two day event for us. So the first day before the actual pitch competition, we had the opportunity to talk to a lot of different experts in different fields, which was, which was really great. So I think going back to that point, even with some business experience under our belt, it was a lot of really quick concentrated information that we were able to get from that day, which was excellent. So a lot of touching on all these legal issues, packaging issues, marketing issues, so really being able to touch all those different points and then also being able to have a pitch in front of the judges before the actual competition was also-

Lisa Kiefer:So like a practice pitch.

Claire Sclemme:It was a practice pitch. We got feedback on it, which was great. We could incorporate the feedback into our pitch for the next day, which was also very helpful and it really-

Lisa Kiefer:Maybe you should tell us about your company.

Claire Sclemme:Absolutely. So, so I'm the cp-founder and CEO of Renewal Mill and Renewal Mill up cycles byproducts from food manufacturing into high quality ingredients and products. So essentially we're building a portfolio of ingredients that are all being sourced from different byproducts. So the first-

Lisa Kiefer:Like what?

Claire Sclemme:So the first ingredient that we brought to market commercially is called Okara flour and it's made from the byproduct from soy milk production. So it's basically taking the soybean pulp that's generated when soy milk is made. We dry it, mill it and turn it into a high fiber, high protein, gluten free flour. So that's one example. There's a lot of other other places in the food system where this type of waste is happening. So particularly in food manufacturing waste is a really good place to be looking at food waste because it's kind of low hanging fruit in terms of being able to attack the food waste problem.

Things coming out of a food manufacturing facility are food safe already because they're in this facility and they're often very concentrated in their scale because it's food production is pretty concentrated. So you have the ability to hit that economy of scale that you need to make a profitable business or make a business that can make sense. So we're focused primarily on these fibrous byproduct streams. So anything that's coming from really coming from that first step of bringing in anything from the field, the fruits, the vegetables, the beans, things like that and you get a lot of fiber rich byproducts because a lot of what we're processing out of our food system right now is fiber.

Even though that's the one macronutrient that western diets are very deficient in. So we're starting with Okara. Okara production in the US is very concentrated actually. There's just a handful of major production facilities. So it's a strategic starting point for us from that point of view. From there we're looking at other byproducts of nondairy milk production. So within this big world of fibrous byproducts, we're looking specifically at these nondairy milk byproduct streams. So the byproducts coming out of almond milk production, oat milk production, that's where we're going to be headed at next.

Lisa Kiefer:So anything with [holls 00:12:31].

Claire Sclemme:Exactly, yeah.

Lisa Kiefer:So you're up before the judges and you know your company well. What happened? What did they ask you? Give us the scenario.

Claire Sclemme:That's it. That's a great question. So a lot of the feedback, the feedback always helps you kind of see things, obviously from outside eyes that haven't heard your story a million times. Basically a panel with different backgrounds be able to weigh in on things that are causing confusion for them or things that didn't quite come across.

So really being able to make sure that we can really hone in on the right story that we want to be telling and making sure that it's coming across that way and being received that way by the judges and also making sure that we're presenting all the information that somebody would want to know. So making sure that we've addressed issues like competition in the field or kind of what our growth strategy is and making sure that we haven't left something kind of major out that a judge would want to see. So that was very helpful and I think it was also just helpful to get a sense of what the space is like and it's a pretty big event with quite a few attendees. So it's nice to feel comfortable on the stage and in front of the judges [crosstalk 00:13:35].

Lisa Kiefer:How many minutes are you up there?

Nina Meyers:It's three minutes now. So as far as-

Lisa Kiefer:Wow, that's not much time.

Nina Meyers:[inaudible] competitions, it's pretty tight, but the judges also ask questions after the companies go. So that it's like another layer of sort of engagement and that's-

Lisa Kiefer:And do they get materials ahead of time?

Nina Meyers:Yes. So they spend, obviously they're with each other the day before, but they also get materials many days in advance and they now they have meetings with some of the startups. So Claire participated two years ago and we've really continued to evolve what the programming looks like as people. We always get feedback. So the entrepreneurs say, "I actually want more time with investors that are, I know I'm going to meet the right investors." So we're doing actually an investor power hour for the first time this time around where we're strategically matching them with one or two investors and we're doing, it's not a speed dating because it's like 20 minutes, but basically meetings with those specific folks whose investment these align with what the startups are doing.

Lisa Kiefer:Is the networking what they win or do you actually get funding?

Nina Meyers:There isn't direct funding as a result of Foodbytes, but there are a number of prizes. One of the main ones is for all the three winners is that they, Rabobank hosts a huge summit in New York at the end of the year. So December and all of our corporate clients, so big food and AG companies are there and the winners across all the events from that year get to come and pitch and have targeted meetings with the corporates that are relevant for their businesses and they have a few days where they're just really targeted and meeting with folks that can potentially help them as partners. So that's one main prize and then a lot of our sponsors who are, like we said, experts in many different fields, there's also consultations with them so that they can get five hours of legal consultation on how to structure their deal. They can get PR consultation and branding consultation on how to build the best investor materials and DAX and present their brand in the best possible way.

Lisa Kiefer:Claire, what was it you found to be the most useful out of winning this competition?

Nina Meyers:So we weren't the winners from our cohort. We were in the finalists but actually kind of going back again to all the people that we meet during the two days, that was a very valuable thing for us that made the participation in the event very worthwhile for us. So we actually continued to have some conversations with some of the lawyers that we met there to talk about some of the legal structuring, some of the agreements that we were currently in the process of structuring and we also had continued conversation with folks that were very knowledgeable about packaging for food products because there's a lot that goes into making sure that the product fits all the legal regulations and the requirements. That was great to have both of those connections coming out of Foodbytes.

Lisa Kiefer:Once you get involved with say a VC or some sort of funding source, do you ever worry about losing your company's mission? That it will begin to sort of move away from you?

Claire Sclemme:Yeah, that's a great question. So actually one of the things that we did when we first founded the company thinking about that very point was that we incorporated as a public benefit corporation. So we wanted that to be really built into our mission and so we structured that into the type of business we actually were and one of the pieces of kind of feedback that we got at the very beginning was that maybe you don't want to do that because you might be closing yourself off to investors that aren't interested in investing in a benefit corporation and we said, "That's exactly why we want to do this, because it essentially is going to kind of self select the types of investors that we're looking for." So that was kind of the first layer and then the second of course is making sure that when we're talking to investors that we do have that mission alignment as we're taking on investment.

Lisa Kiefer:Getting back to you, Nina, you've done this for several years now. What trends in agriculture are you seeing pop up from the startup companies? I mean, you talked about some of the problems in the AG industry. What are you seeing overall?

Nina Meyers:Yeah, well a major trend. I'd say a cross food tech, AG tech and CPG as is this idea of waste mitigation. So up cycling is one avenue in which that's happening. Another one is of course packaging. We're seeing more and more edible packaging. We're seeing more compostable packaging, plant based packaging. We have a company that's pushing in Foodbytes called Coremat and that's exactly what they're doing. They're making compostable, plant-based packaging that's basically-

Lisa Kiefer:That's awesome because all these cities are now saying it's too expensive to recycle.

Nina Meyers:Exactly and from a regulatory perspective that this sort of clampdown is increasing. It's happened in Europe, forcing lots of innovation in the packaging world in Europe and it's starting to happen here. That's one massive trend and huge need that startups are really looking to solve and obviously an incredible opportunity for collaboration on the corporate side of things as they start to realize we really, really need to be focusing on it. It's happening [crosstalk 00:18:31-

Lisa Kiefer:Why are you giving me a plastic bag?

Nina Meyers:Why are you giving me a straw? Right, exactly. So that's one place where we're seeing a lot of innovation and then on the waste mitigation side as well, right? Stopping waste before it can happen. So more and more technology companies are saying, let's use data and technology to stop waste before it can happen. So a company like [Winnow] who's come through our platform, they basically have a scale for food service and back of house at restaurants that weighs waste as it's going out and then gives restaurants a better picture of their wastage so that they can decrease that. That's the-

Lisa Kiefer:What's the incentive for someone to reduce their waste at the restaurant level?

Nina Meyers:Money. They save restaurants globally $25 million a year and they're not that big yet. I mean they're just starting out. So it's money.

Lisa Kiefer:It sounds like you've put together a lot of qualitative data.

Nina Meyers:Yes, we, like I said, we started with a very, very small team and over the last year or so we've built up the team like I said. So we've just brought in a data analyst who is amazing and we're sort of at the tip of the iceberg for what data are we sitting on and what are we saying? But yes, we have a really good picture of trends that are happening. That's one major, major trend that we're seeing. The other one is sort of just the environmental impact of food-

Lisa Kiefer:Climate change?

Nina Meyers:... Production, of climate change and also to hand in hand with that that consumers have more and more knowledge of that and are demanding better, cleaner products.

Lisa Kiefer:Yeah, look at the Midwest right now.

Nina Meyers:Yes.

Lisa Kiefer:All the flooding and that used to be our bread basket.

Nina Meyers:That's when it has to change and startups are really heeding that call on the plant based foods side of things as well. Just if we're talking about packaged foods in general, we're seeing so much innovation in that space. We're seeing at least 40% of the companies that apply that have a product that apply to Foodbytes are in some way related to the plant based space. To sort of talk about some of the companies that are pitching coming up in San Francisco we're seeing new and novel plant based proteins. So we have a company called [Tali] and they are making waterlily seed puffs. So we see the puffs as like a huge category in the food product world, but this is a new type of puff. It's basically bringing in an heirloom varietal.

It's gotten more protein, more nutritious. They're doing some really interesting flavors. So we're seeing companies like that who are bringing this plant based protein view to snacking. We also have a company called Gem and they basically have the first FDA regulated supplement product, food supplement. It's for women by women. It's made from algae and a number of different plants. Real food. It's clean food. So we're seeing things in that type of space. I was just at Expo West, which is the largest natural foods show in the country and I think it's 1500 exhibitors, 90000 people.

Lisa Kiefer:Where was it?

Nina Meyers:It's in Anaheim. It's 90000 people. So it's very, very intense and there's a lot of companies that are doing very similar things. There's the plant-based trend just continues to grow year over year. So whether that's new algae products, that's lots of cauliflower products, you see the confluence of a lot of trends.

Lisa Kiefer:Are any UC Berkeley professors or policy people judging this year?

Nina Meyers:Not this year, but next year we're going to make it happen.

Claire Sclemme:Oh excellent.

Lisa Kiefer:Can anyone go to this?

Nina Meyers:Yes. It's open to the public. We really want people there who care about these issues, who care about sustainable food and AG, who want to see what the innovators at the bleeding edge of sustainable innovation are doing. Next Thursday, the 28th of March, starting at 2:00 PM, it's really an opportunity to see these 15 startups pitch, to engage with them and see their products and technologies, have some delicious food and drinks and if you want to get into food or if you're a journalist or if you're a student and this is where the world you think you want to go into, we absolutely encourage you to come. If you're an investor or you're a food corporate and you're trying to figure out what's next, we 1000000% encourage you to come.

Lisa Kiefer:And you have a website?

Nina Meyers:Foodbytesworld.com. Instagram is Foodbytes by Rabobank. We've profiled all the companies who are going to be pitching. There's lots of content. Claire's on there somewhere. So check us out on Instagram, Linkedin, Twitter, and then Foodbytesworld.com is where you can get tickets to come and see us next week.

Lisa Kiefer:And Claire, your business is located where?

Claire Sclemme:Oh, we're in Oakland.

Lisa Kiefer:Okay, what have your challenges been since you participated in Foodbytes?

Claire Sclemme:Oh, that's a good question. Our biggest challenge I would say is that, so working in the byproduct space, we're really a bridge builder between the production and then bringing that into the market. We have less control over being able to scale in a way that other companies might be able to have as they're creating products. So we're really bound to the amount of byproducts that are coming out of certain facilities. So being able to match that production with the sales is really, I would say one of our biggest challenges. So it kind of swings back and forth from having more demands than we have a production for to having more supply of the ingredient than we currently have sales force. So it's kind of bouncing back and forth as we try to strike that perfect balance as we bring these ingredients on board.

Lisa Kiefer:And are most of your sources local?

Claire Sclemme:So right now they are. So our first source is in Oakland, which is why we started out in Oakland and why we're based there. So our first partner facility is Hodo Foods and they're a tofu manufacturer. So the first step of making tofu is making the soy milk and so that's where we're basically harvesting the Okara from is from Hodo and our next two facilities that we will likely be using as our sources of production are also in northern California.

Nina Meyers:When you sort of spoke about what do they get out of this, the alumni who come through our platforms have raised a combined 550 million. I believe it was something like 150 last year. So even though it's not directly a prize, this is what we've seen as the companies who've come out of who we've chosen, who we've selected, this is how they're moving forward and getting that investment to scale their companies.

Lisa Kiefer:You must be checking the failure rate of these companies as they-

Nina Meyers:Yes.

Lisa Kiefer:... they leave Foodbytes. What is the failure rate?

Nina Meyers:It's under 10% because we're doing really like a lot of due diligence in the process of picking the ones that we think are really going to be successful. It's relatively low. It's lower than the average.

Lisa Kiefer:Do you have a business background?

Nina Meyers:I actually went to college in upstate New York at Skidmore college. I studied at a liberal arts school and I had was working in a sustainable restaurant, a farm to table restaurant the summer after college and my Mom is a chef and so I grew up around food. Food is my whole life and I was trying to figure out what I wanted to do next when I moved to New York during the recession in 2009. I started working for a restaurant company in New York in the creative department. I got sort of my foot in the door there and started working on marketing and design for the restaurants.

So that was really a sort of honed my skills there on the marketing side of things. Started to realize through being in New York that what I really cared about was sustainability in food and agriculture and trying to figure out what to do next. I then went onto work for Food Tech Connect, which is a site of record for food innovation essentially. We did a lot of events in this space and meetups and consulting and hackathons, which is really all focused on sustainable food and agriculture. So I was there. I was working with startups directly. Spent about four years there and then we started working together with Rabobank to build Foodbytes out from its infancy.

Lisa Kiefer:Claire how did you get into this pat of the world?

Claire Sclemme:Yes. So my background is actually in environmental management. So I have in my masters in environmental management from the Yale School of Forestry. I had primarily actually been involved mostly in the space of sustainability and energy and so I'd worked at a renewable energy startup in India and worked with UN climate change, but I started to realize how important the food system is in the space of sustainability and I, kind of my first transition into into food was actually co-founding a juice company in Boston where I was living at the time. So we started as a food truck and we were connecting farmers to folks in the city through juices and smoothies and then in that process saw how much waste is created when you're juicing. It was really kind of like this moral issue.

At the end of the day we'd sourced all this great produce from these farmers and it was all organic. It was mostly local. You'd spend a lot of money to buy all this produce and we're throwing out a huge amount of it at the end of the day, ll that pulp that's left over from juicing. On the the other side, of course we're selling the product that we are making, we're selling at a price point that's pretty high for the, it wasn't a super affordable food for much of the city and so those two pieces together kind of where you know really struck me as a challenge and that was a space that I really wanted to continue working in after I left that company.

So when I had really just a fortuitous conversation with the owner of Hodo Foods in Oakland, the owner of the tofu factory and saw that he had this challenge with his byproduct that he was producing, which was very similar to what I had seen at the juice company, but at this much bigger scale and that it wasn't just a Okara, it was lots of different opportunities and lots of different sources of these types of byproducts. That was really the beginning of Renewal Mill was looking into how we can solve both food waste and also increase affordable nutrition in the food system.

Nina Meyers:Claire really pioneered this space and now there's a company that's much younger than you, but it's called Pulp Pantry and they're doing, they're solving the problem that Claire just outlined. It's like entrepreneurial serendipity. They saw the same problem and they're making value added snacks out of juice pulp.

Lisa Kiefer:Wow, you should all join forces and become the next Nabisco.

Claire Sclemme:I know. Exactly, exactly.

Nina Meyers:[crosstalk 00:28:19].

Lisa Kiefer:[crosstalk] better.

Nina Meyers:That's exactly what Foodbytes wants to have happen.

Claire Sclemme:Yeah.

Lisa Kiefer:Well, was there anything else that is coming up with Foodbytes besides this conference next week?

Nina Meyers:Rabo has a whole other food and AG innovation platform called Tara. It is basically the next step in the cycle for startups to engage with Rabo after Foodbytes. That's what Tara is all about. We're going into our fourth cohort and applications are open now. Tara is like, how can we do the best possible matchmaking for startups and corporates? So applications are open now. That website is Taraaccelerator.com. They're open. They close on April 26th. So any startups, anyone you think is interested, you can learn about the corporates that are participating to see and so you can learn more there.

Claire Sclemme:In addition to kind of all of the structured support that's coming out of Foodbytes, I think the other piece that was really valuable to us was actually meeting the other companies that we're pitching and there there's been some valuable connections that we've had in terms of the the business and actually finding uses for our flour with some of the other companies that have been on the platform, but also just really to talk to other entrepreneurs and be able to just talk about some of the other challenges that you're facing from a business perspective and also from a personal perspective as well. So it's a really, I think it's a really great community of entrepreneurs that are being brought together as well.

Lisa Kiefer:Well thank you so much for being on the show.

Claire Sclemme:Thank you.

Nina Meyers:Thank you for having us.

Lisa Kiefer:You've been listening to Method to the Madness, a biweekly public affairs show on KALX Berkeley, celebrating Bay Area innovators. You can find all of our podcasts on iTunes University. We'll be back again in two weeks. [music]

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