EP46: Becoming the ingredients supplier for the next generation of food - Renewal Mill
Background
According to the U.S. Department of Agriculture, 30 to 40 percent of the food produced for human consumption in the U.S. is wasted at a cost of more than $200 billion, and $1.2 trillion worldwide. And this amount of waste has far-reaching impacts on food security, resource conservation, and climate change.
Solution
Renewal Mill is a next generation ingredients company that's reducing food waste by upcycling the byproducts of food manufacturing into high quality ingredients and products. Their vision is to create a new circular economy of food that closes the loop in today’s current supply chain, keeps valuable nutrition from going to waste, and reduces our impact on the environment.
Episode Brief
Caroline Cotto, COO at Renewal Mill, joins us on this week’s episode to discuss:
The notion of upcycling and how it works
Incubating at Hodo Foods
Going-to market as an ingredients company
Okara flour and their product pipeline
Interesting companies built on upcycling
Getting onto retail shelves amidst COVID
Her take on my “idea of the week”
Credits
HOST
Peter Levin
PRODUCTION
Dan Mahoney
MUSIC
Eddie Knuckles