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5@5: 14 tips from a food investor | What's growing in grocery foodservice?
Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.
October 19, 2016
2 Min Read
The 14 phrases every VC wants to hear in your pitch
Mark Rampolla, cofounder of Powerplant Ventures—which earlier this year closed a $42 million fund to invest in plant-based food companies—says it only takes five to 10 minutes with a company to determine whether it's potentially a good match for investment. Here are his tips for entrepreneurs to demonstrate that they're thoughtful, honest, prepared, passionate and realistic. Read more at Fortune...
Menu mania
Sales of prepared foods at grocery climbed almost 10 percent between 2014 and 2015, according to NPD. Of note: IRI data shows that sales of fresh soups at foodservice grew 23 percent, fresh guacamole grew 51 percent and dips/sauces were up 35 percent. Read more at IFT...
If you think eating is a political act, say thanks to Frances Moore Lappe
The author of Diet For A Small Planet has advocated since the 1970s that a plant-centered diet is better for health and the environment. She's published several more books since then and has never given up on her belief in the power of plants. Her daughter, Anna Lappe, is continuing that conversation with her book Diet For A Hot Planet, which outlines the impact of agriculture on climate change. Read more at NPR...
Farm to cafeteria table: The new local food frontier
It's one thing for more consumers to buy healthy, local food. But it's another thing to get institutions that feed hundreds or thousands of people every day to buy them—and that's where the potential is for major support of local economies and improving food access. Read more at GreenBiz...
Time is short for USDA to flex its antitrust muscle with meat industry
As the end of the Obama administration nears, the USDA is moving to finalize three rules that agriculture secretary Tom Vilsack first tried to impose in 2010. What exactly the rules are wasn't released, but they would strengthen the agency's antitrust authority over the consolidated meat industry. Read more at Fern's AG Insider...
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