Competitions and incubators are a huge part of the alt-protein ecosystem. We asked organizers and participants about the pros and cons.
In early January, news dropped that multiple semi-finalists had self-eliminated from the XPRIZE “Feed the Next Billion” competition following a mid-contest rule change that — the contestants felt — asked for too much equity from the eventual winners.
A surprising turn of events: The XPRIZE is prestigious and the semi-finalists are a veritable who’s-who of the alt-protein world. More broadly, just about every alt-meat company has participated in competitions and incubators.
These programs provide mentoring,…
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