MINNEAPOLIS — At the Economic Club’s Food Security Summit in Minneapolis, Cargill announced a $550,000 commitment to support the World Food Program’s (WFP) Innovation Accelerator. The Accelerator identifies, nurtures and scales solutions to address global hunger. A hallmark of the program will be an Innovation Bootcamp, jointly hosted by WFP and Cargill in Munich, Germany, to gather start-ups and companies around innovative solutions to address childhood hunger, improving farmer prosperity and emergency hunger relief. Following the Bootcamp, Cargill will fund a select number of teams to pilot their solutions in the field.
“Cargill’s commitment to nourishing the world can only be accomplished through partnerships like this WFP Accelerator, which brings together public and private sectors to address the serious challenge of food insecurity around the world. This includes financial support, but also hands-on work to mentor participants and apply Cargill’s 153 years of agriculture expertise to enable the Accelerator to foster a more food secure world,” said Joe Stone, Cargill’s executive vice president and Chief Risk Officer as well as a WFP USA Board Member.
Cargill is the first private sector company to join the Bootcamp. This most recent commitment builds on several other programs Cargill and WFP have launched jointly since their partnership began in 2001. To date, Cargill has provided more than $12 million to WFP to improve the health and nutrition of people in need around the globe, with specific emphasis on Africa, Central America, South America and Asia.
Cargill’s 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive.
We combine 153 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side by side, we are building a stronger, sustainable future for agriculture. For more information, visit Cargill.com and our News Center.