FOOD WASTE + LOSS Accelerator Program
December 2021 to April 2022
Our inaugural Food Waste + Loss accelerator program supports 15 Australian startups (or spinoffs of existing businesses) that are solving food waste and food loss problems which will have an impact in the State of Victoria.
We are supporting purpose driven founders whose goals are aligned to Sustainable Development Goal 12.3 and who are looking to raise seed funding within the next 12 months.
Rocket Seeder Food Waste + Loss Virtual Demo Day
UN Sustainable Development Goal 12.3
SDG 12.3 has two components
12.3.1. Food Loss
12.3.2. Food Waste
Food loss focuses on food losses that occur up to the retail level, while food waste refers to retail and consumption waste.
The focus of sustainable consumption and production is about doing more with less. To do this, it is vital that we increase resource efficiency and promote sustainable lifestyles, by decoupling economic growth from environmental degradation.
If food waste and loss were its own country, it would be the third-largest source of greenhouse gas emissions in the world.
Over 7.3 million tonnes of food is wasted in Australia each year - presenting an economic opportunity of at least $20 billion.
Food waste accounts for more than 10% of global greenhouse gas emissions - more than the entire aviation sector.
Over half of Australia's value-chain food and waste losses come from family households.