MassChallenge

News

MassChallenge Switzerland Launches Its 2024 Early-Stage Startup Accelerator Program, Alongside the 2nd Edition of the Louis Dreyfus Company Climate Resilience Prize 

In 2023, MassChallenge Switzerland Awarded CHF 500,000 in cash to 12 startups

Lausanne, Switzerland, January 16, 2024 MassChallenge Switzerland opened today the call for applications for the 9th edition of its Early-Stage Startup Accelerator program, alongside the second edition of the Louis Dreyfus Company Climate Resilience Prize, supporting startups working to drive climate resilience in agriculture and food value chains. 

The 2024 Early-Stage Accelerator program is now open for applications until February 28, for startups providing solutions in any sector, with a focus on: Sustainable Food, Sustainable Industry & Climate Solutions, and HealthTech. 

By enrolling in the accelerator, startups will gain exposure to more than 15 corporate partners, including Bühler, CSM-Ingredients, dsm-firmenich, Givaudan, Louis Dreyfus Company, Nestlé, Omya, PMI, Puratos, SMC and Südzucker. Startups will also benefit from mentoring from over 400 experts and compete for a total of half a million Swiss francs (CHF) in non-dilutive cash prizes and other in-kind awards, all without any equity investment in return. 

Michael Gelchie, CEO LDC, awards CHF 100,000 to SeaStock in 2023.

In the same spirit, applications also open today until February 28, for the 2nd edition of the Louis Dreyfus Company Climate Resilience Prize, which is awarded to the startup with the biggest climate impact potential. This unconditional, non-dilutive CHF 100,000 cash prize is in addition to MassChallenge Switzerland’s other non-dilutive cash prizes, with the winner to be announced at the MassChallenge Switzerland Awards ceremony on October 31, in Lausanne. 

Michael Gelchie, Louis Dreyfus Company’s Chief Executive Officer, said: “Through this prize, we are thrilled to continue supporting the next generation of innovators, empowering visionary creators of transformative new ideas to create change at scale through groundbreaking products, technologies, processes or solutions with the potential to drive climate resilience in food and agricultural value chains.” 

Ian Roberts, President of MassChallenge Switzerland, added: “In 2021, MassChallenge Switzerland announced its support to climate responsible startups. As part of this mission, we are delighted to count on Louis Dreyfus Company’s continued sponsorship and partnership in developing the Louis Dreyfus Company Climate Resilience Prize”. 

For further information (photos, 2023 impact report, press release, etc.), visit MassChallenge and check out the 110 finalists from 2023

About MassChallenge Switzerland 

MassChallenge Switzerland is part of MassChallenge’s global network for innovators. MassChallenge equips bold entrepreneurs to grow and transform businesses & economies. Since MassChallenge Switzerland’s launch in 2016, they have accelerated 720 startups who have raised CHF 1.2bn in funding and generated over 50,000 direct and indirect jobs. Learn more about MassChallenge Switzerland and follow us on LinkedIn and X.

Media Contact: elodie@masschallenge.org

About Louis Dreyfus Company 

Louis Dreyfus Company is a leading merchant and processor of agricultural goods, founded in 1851. We leverage our global reach and extensive asset network to serve our customers and consumers around the world, delivering the right products to the right location, at the right time – safely, reliably and responsibly. Our activities span the entire value chain, from farm to fork, across a broad range of business lines (platforms): Carbon Solutions, Coffee, Cotton, Food & Feed Solutions, Freight, Global Markets, Grains & Oilseeds, Juice, Rice and Sugar. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Louis Dreyfus Company is active in over 100 countries across six geographical regions, and employs approximately 17,000 people globally. For more information, visit www.ldc.com and follow us on LinkedIn, X and WeChat (ID: we_are_ldc). 

Media Contact: media@ldc.com