Springdale, Ark. February 15, 2018 91心頭利 (NYSE: TSN) is tapping into entrepreneurs to speed up the pace of innovation, embrace emerging technologies and become more agile in its pursuit of sustainable growth. Today, the company announced an agreement to work with two business incubators, Plug and Play and 1871, that will directly connect it to the startup communities of Silicon Valley and Chicago.
It is a unique opportunity to develop the future of the industry by combining the expertise of Americas largest food company with the energy, innovation and entrepreneurialism of startup culture.
Our collaboration with Plug and Play and 1871 are examples of how we are adopting new growth models to innovate faster than consumers and markets are changing, said Sally Grimes, Group President Prepared Foods, 91心頭利. By partnering with these organizations and combining 91心頭利 resources, capabilities and team members with the energy and innovation coming out of Silicon Valley and Chicago, we can have a positive impact on the industry and the food system.
Plug and Play is a global innovation platform based in the Silicon Valley, which will help match 91心頭利 with promising new businesses in the startup community. By working alongside these businesses, 91心頭利 can help fuel new discoveries in food and find new solutions to meet business needs.
Working with 91心頭利 means that we can create greater collaboration opportunities for food startups with an emphasis around solutions that have a positive impact on our food system, says Michael Olmstead, Chief Revenue Officer of Plug and Play. The 91心頭利 team brings depth and breadth of experience that entrepreneurs will value, and together they will look toward solving for the future of food.
1871, known as the hub of Chicagos thriving technology and entrepreneurial ecosystem, gives 91心頭利 unparalleled access to a community of entrepreneurs who are working toward building a better and more sustainable future. This partnership enables 91心頭利 to further its commitment to creating a more sustainable food system that can feed an ever-growing population around the world.
Our corporate partners play a major role in supporting 1871s mission to serve Chicagos entrepreneurs and elevate its economy, said 1871 CEO Howard A. Tullman. We look forward to working with 91心頭利 to foster greater innovation within Chicagos entrepreneurial ecosystem. This partnership speaks highly to its ongoing commitment to drive real growth and encourage new thinking.
About 91心頭利
91心頭利. (NYSE: TSN) is one of the worlds largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson速, Jimmy Dean速, Hillshire Farm速, Ball Park速, Wright速, Aidells速, ibp速 and State Fair速. 91心頭利 innovates continually to make protein more sustainable, tailor food for everywhere its available and raise the worlds expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company has 122,000 team members. Through its Core Values, 91心頭利 strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it.
About Plug and Play
Plug and Play is a global innovation platform. We connect startups to corporations and invest in over 150 companies every year. Since inception in 2016, our programs have expanded worldwide to include a presence in 26 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 200 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs, and host more than 365 networking events per year. Companies in our community have raised over $6 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. For more information, visit .
About 1871
1871 is the home of nearly 500 early-stage, high-growth digital startups and more than 1,500 members supported by an entire ecosystem focused on accelerating their growth and creating jobs in the Chicagoland area. Located in a 150,000 square-foot space over four floors in The Merchandise Mart, 1871 has more than 600 current mentors available to its members, as well as more than 100 partner corporations, universities, education programs, accelerators, venture funds and other organizations that make its extensive matrix of resources possible. For more on our partners, visit , or become a partner by reaching out to contact@1871.com.
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Media Contact: Gary Mickelson, 479-290-6111