Tate & Lyle has launched a new, dedicated Open Innovation web portal.
The new portal is designed to encourage universities, start-ups and companies specialising in food science to submit proposals aligned with Tate & Lyle’s innovation priorities of sweeteners, texturants and health and wellness.
Tate & Lyle’s Open Innovation team, which forms part of the innovation and commercial development group, leverages its global network to develop partnerships with entities specialising in food science, with the aim of commercialising new speciality food ingredient products and technologies.
A number of deals have already been announced since the open innovation team was formed in 2010 and some strong partnerships developed.
John Stewart, open innovation manager at Tate & Lyle, said: "We value our partnerships enormously but also understand that approaching large corporations with a new innovation can be daunting. This is why Tate & Lyle has a small, dedicated team to help with the process. Our new website enables potential partners to submit ideas quickly and easily and for innovators to work with us to create long-term ‘win-win’ relationships."
