Acquisitions enable growth in probiotics, energy drinks
New content launched to cultivate probiotic innovation in food and beverage markets
In an effort to cultivate probiotic innovation in the functional food and beverage markets, Ganeden Inc., Mayfield Heights, Ohio, has announced it is seeking submissions for its Probiotic Innovation Jumpstart, an entrepreneurial program designed to help companies launch new products containing probiotics, the company says. The grand-prize winner will receive $25,000 to utilize GanedenBC30 probiotics in the product as well as guidance, assistance and expertise from Ganeden to develop and launch the product, it adds. Submissions are due on May 6. Three finalists will present their ideas in-person at the Institute of Food Technologists (IFT) show on July 16 in Chicago.