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Avery Dennison partners with Enterprise Singapore for AD Stretch startup accelerator program
Senin, 06 Februari 2023 | 12:15
AD Stretch Demo Day in Singapore - Representatives from Avery Dennison, Enterprise Singapore and Highline Beta join startups at AD Stretch Demo Day in Singapore
SINGAPORE -
Media OutReach
- 6 February 2023 - Avery Dennison Corporation (NYSE:AVY), a global
materials science and branding and information solutions company, will
be funding Singapore-based startups for the AD Stretch accelerator
program with support from Enterprise Singapore (EnterpriseSG), the
government agency championing enterprise development.
AD Stretch is a non-dilutive startup accelerator program powered by
Highline Beta that focuses on solving complex problems for the packaging
industry including reducing waste, improving customer experience and
enhancing supply chain resilience. The partnership with EnterpriseSG
will provide support to help Singapore-based startups scale successfully
and run global pilots together with a Fortune 500 packaging and
labelling leader.
The partnership with EnterpriseSG was announced at the recent inaugural
AD Stretch Demo Day in Singapore, an event showcasing the cutting-edge
solutions in the labels and packaging space developed by the nine
startups selected for the first cohort of the program, which focused on
pilots in Asia Pacific and Latin America. The event was attended by
senior representatives from Avery Dennison, EnterpriseSG and Highline
Beta, as well as over a hundred members of the local business community
and startup ecosystem.
Anil Sharma, Senior Vice President and General Manager, Label and
Graphic Materials, Asia Pacific said, "Innovation has always been at the
heart of Avery Dennison, and we believe that investing in regional
innovation can create global impact. We are also committed to driving
collaboration across the ecosystem, and look forward to the support from
Enterprise Singapore as we collectively solve some of the most pressing
business challenges, while in parallel accelerating the growth of
promising innovators and companies."
Ms Emily Liew, Assistant CEO (Innovation & Enterprise Services) at
EnterpriseSG, said, "We are happy to partner with Avery Dennison to
create opportunities for early-stage start-ups to jointly develop
solutions that can help them to build track record for scaling up, while
enabling Avery Dennison to access wide-ranging innovative solutions in
Singapore. We want to inspire more of such collaborations between large
corporates and Singapore-based start-ups, which are vital to the
development of relevant, cutting-edge innovations that have the
potential for commercialization and impact."
Launched in November 2022, the second cohort of AD Stretch is currently
accepting applications from across the world with a focus on designing
and executing pilots primarily in North America and EMENA (Europe, the
Middle East and North Africa). Avery Dennison has worked with globally
recognized innovation services firm focusing on corporate-startup
collaborations, Highline Beta, to design, launch and run AD Stretch.
Together, they developed key challenge areas for AD Stretch Cohort 2
within three main themes – making consumer packaged goods smarter,
packaging 2.0, and sustainability.
Learn more about AD Stretch and how to apply at www.adstretch.com.
###
APPENDIX
No
|
Name of start-up
|
Details of pilot program
|
Asia Pacific Programs
|
1
|
CollectID
|
Piloting digital triggers in embellishments with a combination
of encrypted, smartphone-ready NFC tags with secure, immutable NFTs
(non-fungible tokens) to guarantee a product's authenticity with just a
single tap on the smartphone.
|
2
|
FL Technology
|
By combining polymer material science and plant physiology, the
team has created a nanomaterial that can simultaneously remove ethylene
and inhibit the growth of decay-causing bacteria, which is applied to
the green storage of fruits.
|
3
|
Makegrowlab
|
Growing and utilizing a new generation of materials and
resources to replace fossil fuels in packaging, textile and others, and
creating a solution that is durable and home compostable as a great
alternative to plastic-coated paper and foils.
|
4
|
Varcode
|
An accessible solution for time and temperature monitoring data
without the added use of batteries or electronics to improve the safety,
quality, and sustainability of perishable products all the way to the
last mile.
|
5
|
Wastelabs
|
An AI platform that optimizes expensive, inefficient waste and
recycling logistics to enable manufacturers to produce more goods from
recycled materials.
|
Latin America Programs
|
6
|
Arylla
|
Creating a portfolio of quality solutions for a variety of
printing systems that will enhance the protection for brands and
products and communicate key information for end users.
|
7
|
Cellr
|
A tech solution designed to help wine and spirit brands of Latin
America better engage with their customers. The solution optimizes data
points, enables brand protection, and enhances brand interaction.
|
8
|
GreenPlat
|
A cleantech with an ESG blockchain architecture-based SaaS for
environmental solutions. The software replaces manual control on waste
generation, CO2 emissions, energy, and water consumption.
|
9
|
StaTwig
|
An end-to-end solution that gives the food and pharmaceutical
industries insight into where products are at any given time and enables
them to make improved supply chain decisions.
|
BERITA LAINNYA
BERIKAN KOMENTAR