While a third of an annual food production for human consumption is lost,

52 million people in developing countries are malnourished

'Buen provecho' is a business opportunity open to companies, entrepreneurs, technological parks, investors and strategic allies to enter to the food recovery market, in partnership with Archdiocesan Food Bank Foundation of Medellin, Colombia, and contributing in this way to nutrition improvement, food security and environmental protection.

What is the

business

Who make possible

the creation of this inclusive business development ecosystem?

opportunity?

We want to invite you to develop a business oriented to manufacturing food products with a larger shelf life to participate in the food recuperation market in Colombia. One third of food production destined to human consumption (approximately 1.300 million tons) are either lost or wasted around the world every year. In Latin America this waste means 100 million tons. In developing countries, these take place due to infrastructure instability, low technological levels, and lack of investment in food production systems. Food waste and loss situations become paradoxical when compared against the amount of people who lack safe access to sucient quantity of safe and nutritious food for normal growth and development and an active and healthy life, that is to say they live in food insecurity. 40.8% of the population in Colombia lives in food insecurity. In the city of Medellin, this situation is lived in 21.6% of homes.

'Buen Provecho' is launched under the public-private partnership Alianza Pioneros de la Innovacin Social that includes the National Agency for Overcoming Extreme Poverty (ANSPE), ten private enterprises in the country, the Multilateral Investment Fund and three foundations, whose eorts are focused on market incentives at the base of the pyramid. This opportunity have been identied by the Archdiocesan Food Bank Foundation of Medellin, a non-prot social institution that helps beginning with the improvement of food security and nutritional wellbeing of vulnerable persons served by social entities of Medellin and the metropolitan area. It carries out its work recovering, collecting, and distributing food and other goods collected through its extensive network of associates, which includes large and small food producing companies, large areas of food sales, food distribution centers in the city, and small agricultural producers in the region.

Who is invited?
What Business and technological solutions will allow to develop longer shelf life products, generate impact on food security and reduce food waste?
'Buen Provecho' is open to companies, entrepreneurs, and technological centers with technological and business solutions that will enable fruits and vegetables in advanced state of maturation, to be transformed into nutritional foods, in addition to developing packaging technologies that guarantee product safety and long life. We also invite investors and strategic partners that will allow us to increase impact, feasibility, and a scaling of businesses that shall be promoted within the framework of this opportunity.
To develop this business opportunity within the Colombian Food Banks context, we will work with the Archdiocesan Food Bank Foundation of Medelln [FUBAM], which has developed a wide supply chain that includes companies, food industries, food distribution centers, commercializing agents and cooperatives of small producerswith community soup kitchens, foundations, and State complementary food programs.

read the business opportunity - full information

To submit solutions

Schedule
Buen Provecho
Proposals submission: June 18th to September 8th 2013. Evaluation process: September 9th to 23th 2013. Announcement of selected solution: September 26th 2013. Business model co-creation with community, investors and detectors in Medellin, Colombia: Week of October 21st or week of October 28th 2013. Business plan development and connection to inclusive business ecosystem: November to December 15th 2013.

Why to submit solutions

to this business opportunity?
The linkage of various actors, led by Pioneros Partnership, with ANSPE and Minka-Dev support, seeks to generate inclusive business ecosystems to ensure the projects feasibility and to generate positive impact in poverty reduction and environmental protection. This business opportunity, with national impact, oers the possibility to drive solutions with a local ally in a representative area for the situation to deal, and with a suitable context, to increase the feasibility, sustainability and scale of business solutions. This opportunity is a proof of the public-private partnerships potential to work around a common and specic purpose to trigger business development aligned to poverty reduction and inclusion objectives. 'Buen Provecho' is an inclusive business opportunity, which combines prots for the companies, entrepreneurs and investors, with poverty reduction and environmental protection impact. Technological and business solutions resulting from this opportunity, have great potential of scalability in Colombia, where there are 21 food banks and in another 32 countries working under the same model. Business and technological solutions not only will impact food security, but the use of crop picks from small farmers. Solutions will allow the reduction of negative economical and environmental impacts generated by the waste, such as the use of resources used in production: land, water, energy and supplies, CO2 emissions and the lost of the value added food produced.

Which are the benets

for drivers?
Selected drivers will have access to seed capital, according to the solution characteristics. Advice and support in development in Colombia. the business plan

Companies who submit the best solutions will have connections with strategic partners and investment to move to the implementation phase. Fieldwork with target population, stakeholders and strategic allies, will make possible to adapt and validate solutions to the local context. Selected drivers will travel to Medellin, Colombia, to work together with local allies and beneciaries to identify suitable business models.

How to submit
solutions?

in participating as an investor?
As an investor, you can create systemic impact on communities and their natural environments. As an investor you can participate in the selection process of the best solution. You can participate in an inclusive business, which its models have been co-created by companies and entrepreneurs, strategic allies, inclusive business experts and communities. Because this inclusive business have been generated inside a business development ecosystem, which increase its feasibility, sustainability, social and environmental impact. To strengthen your activities related to the promotion of innovative, responsible and sustainable business. To participate in an innovative initiative with a wide and rich path in front.

Why you may be interested

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Questions? write to asistencia@minka-dev.com

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