Wednesday, September 28, 2005

New venture capital fund for food industry

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Business plans for venture capital
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If the name Nestle conjures up dreams of sweet chocolate, you are in the right category, for sweet doings are going on in Switzerland.

Nestle is the world's largest food company. It is the home of KitKat chocolate bars, Purina pet food and Perrier bottled water, among other well known brands. As selling items like frozen convenience food has become less profitable, Nestle is trying to tap into the growing demand for healthier foods.

And they are backing up their efforts with a $500,000,000 venture capital fund (yes, that is five hundred million dollars)!

Since 2002, Nestle has been linked to the Inventages Fund, which makes equity investments in start-ups and academic projects with en eye to buying the technology. Nestle's new fund appears to go one step further by planning to acquire the companies themselves. Nestle may also buy patents from universities or other research institutes and look to market those into consumer products.

At the moment, Nestle's nutrition division accounts for only about five percent of its business. This new venture capital fund should skyrocket that figure in no time.

Nestle is accustomed to working with startups, so this is an unprecedented opportunity for all levels of business.

2 comments:

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bharati said...

Hello Sir,
I represent Olive Touch, a health food supply and service company.

Olive Touch has been operational for 9 months now and has provided services to several corporates and individuals in the form of regular food services and nutritional consultations. Olive Touch is differentiating itself from other food services in the manner of food preparation and the amount of attention to detail that is given to every serving. We have vastly experienced chefs and dieticians on-board who provide their expertise in the operational and cooking process.

At the moment Olive Touch is looking to expand its operations and setup more central kitchens that will help us market our services better. In this regard we are looking for investors who can help us grow and provide us with an impetus to excel in our services. If provided with an opportunity, we will be glad to share our expansion plans and the reasons why we think we can succeed.

Kindly share your email id with me.

Regards,
Bbharati
bee@ theolivetouch.com