Agrofood BIC
Where Italy’s Agrifood leaders join forces to innovate.
Partner: Granarolo & partners
Sector: Agrofoodtech
Geography: Italy
Key Results
Multi-corporate innovation hub activated across the Italian agrifood sector
400+ International startup applications sourced
Two strategic startup investments completed
The Challenge
Five leading Italian food companies joined forces to create Agrofood BIC with a clear ambition: identify new growth opportunities through collaborative innovation. The challenge was to build a structured open innovation system able to engage startups globally and generate tangible business opportunities.
The Intervention
- Designed and launched an international scouting.
- Scouted startups across strategic foodtech and sustainability areas.
- Established a portfolio management framework to de-risk and optimize startup investments.
The Impact
Agrofood BIC created a shared innovation platform connecting industry and entrepreneurship. A qualified dealflow aligned with corporate priorities now enables partners to explore new opportunities while reducing risk and maximizing the value of startup collaboration.
Innovation stopped happening in silos. It started happening together.