Monday, December 7, 2020

XPRIZE Launches $15 Million Prize For Food Competition

Los Angeles-based XPRIZE said today that it has launched a new competition, the XPRIZE Feed the Next Billion competition. According to XPRIZE, the new competition is being supported by The Tony Robbins Foundation and The Good Food Institute, and aims to challenge teams to developing new chicken and fish alternatives. The effort was launched in partnership with ASPIRE, a part of Abu Dhabi's Advanced Technology Research Council (ATRC) which funds research and runs global tech competitions. XPRIZE founder Peter H. Diamandis said the competition seeks to create poultry and fish that is affordable, sustainable, more nutritious, and a lower cost than mechanisms now in place. XPRIZE said that winning teams will need to develop multiple consistent cuts of a meat alternative that replicates the look, taste, smell, feel, cooking behavior and nutritional properties of a structured fillet of fish or chicken breast, while having a lower comparable environmental footprint. XPRIZE also said that all teams will need to demonstrate an ability to scale production for global distribution. Grand Prize winners will be announced in 2024.