Mondelez partners with food business incubator


DEERFIELD -- Mondelez International said it will form a partnership with The Hatchery Chicago, a nonprofit food business incubator, part of the global snacks company's SnackFutures research and development initiative.

Mondelez will work with The Hatchery Chicago to offer educational opportunities and mentorship to entrepreneurs active in Chicago's food and drink scene, the company said in a release. One of the largest food-releated incubators in the U.S., The Hatchery helps local entrepreneurs build and grow successful food and beverage businesses. Located in Chicago's Garfield Park neighborhood, the startup provides job training and placement programs for entrepreneurs.

"At The Hatchery Chicago, we believe collaboration accelerates innovation and increases the rate of success for companies -- big and small," said The Hatchery Chicago CEO Natalie Shmulik.

Tim Cofer, executive vice president and chief growth officer of Mondelez, added the partnership "will help us push the boundaries of what is possible in snacking as we continue to build our ecosystem of partners while also giving back and offering guidance to new companies."

Article Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.