The Unleashed Team
Nestlé Purina PetCare
Avenue Nestlé 55, 1800 Vevey
Unleashed is the first petcare specific accelerator in Europe, run by The Purina Accelerator Lab. This is the 4th year of operations, after 3 highly successful cohorts, where 18 petcare startups were accelerated.
The goal is to help petcare startups grow. We identify disruptive petcare startups, to work on a value exchange project together with a team of Purina experts to ‘prove the concept’ of the startup within 20 weeks.
Purina is a leading global petcare player with global footprint, over 100 years of history and powerful commercial and R&D expertise. We have over 500 scientists, as well as pet colonies throughout the world.
You will have access to the different competences at Purina, to our networks, training, learning and networking opportunities.
The start-ups will be evaluated for the robustness of their Product- Market fit and meeting a true consumer pain point. Purina internal experts as well as external independent evaluators will serve as judges.
As we can only accept up a limited number of startups per cohort to ensure we provide them with adequate support and resources, we intend to invite all qualifying start-ups to apply so that they may be chosen for the next cohorts.
The cohort of 2023 will be confirmed in March, and the acceleration programme will be from March to July 2023.
There are 3 rounds of judging and the selected startups will be contacted for interviews and pitches on Teams.
Unleashed is a non-residential program. With some exceptions, the team assigned to you will usually be located in your country.
Each start-up will have a carefully selected multi-disciplinary Purina team, with commercial and subject experts to support their acceleration objectives, with predetermined KPIs to prove their concept within 20 weeks. This Scope of work, which should have a value exchange between the startup and Purina will be mutually agreed prior to the final selection.
A trusting and bonding relationship will be built. Upon the achievement of the goals of the collaboration, Purina may further invest in the company or continue a commercial or R&D collaboration. After the acceleration period, if there is no mutual agreement to continue the collaboration, the start-up can continue to work independently.
You are protected. Conditions are quite standard.
During the acceleration, Purina will fund the mutually agreed value exchange project with up to CHF 50.000 to achieve the pre-determined KPIs. Upon completion of the acceleration, and the validation of the relevance of the start-up’s technology to pets and their parents, Purina may invest further in the company.
Yes, as with all accelerator programs, there is an agreement with Unleashed. Conditions are quite standard.
Reliable and trusted networks of like-minded entrepreneurs is a very valuable resource for start-ups. We will facilitate connections with our businesses to help the start-ups to network, find synergies, inspiration and support as relevant.
The scope is in Europe, Middle East, North Africa, Australia, New Zealand, Japan. Also, start-ups who feel that Europe could be an entry point for their business are welcome to apply.