On Thursday, September 22nd, more than 100 representatives from the public and private sectors celebrated the expansion of Branchfood, a global food innovation launchpad, into Rhode Island. First established in Massachusetts in 2015, Branchfood will support stage-two food and beverage startups, foodtech, and agtech companies in the state through a comprehensive set of services including curated events, connections to investors, shared workspaces, and advisory support.

“At Branchfood, we bring food founders and leaders together with corporate partners, investors, and experts to create a platform for collaboration and provide strategic advice to help the sector grow and thrive,” said Branchfood Founder and CEO Lauren Abda. “We are thrilled to expand this work into Rhode Island, where we hope to bolster the state’s already rich food ecosystem to help solve the food industry’s most pressing challenges while also positioning Rhode Island to become an internationally-recognized food innovation leader.”

Earlier this year, Branchfood received funding from a Rhode Island Commerce Network Match Grant to assist Rhode Island’s food-related businesses to grow, scale, and lead the future of the food industry. “Rhode Island is committed to building a strong local food economy and we see enormous potential for homegrown food entrepreneurs and established innovative food companies to find success in our state,” said Rhode Island Secretary of Commerce Liz Tanner. “Partners such as Branchfood are critical in helping us achieve this vision by supporting and connecting high-growth potential companies to strategic resources as they land and expand in Rhode Island.”

As part of this effort, Branchfood is partnering with the Cambridge Innovation Center (CIC) Providence, which will provide workspace, event venues, and marketing, as well as connections to a robust network of industry professionals and entrepreneurs. “Innovation is our era’s answer to solving the world’s problems, and CIC supports innovation with every partnership we forge and every business we support,” said Tim Rowe, founder and CEO of CIC. “We’re proud and excited to work with Branchfood to not only grow and strengthen the economy, but also to increase opportunities for entrepreneurs and ultimately tackle complex challenges like food security and food waste.”

Branchfood has successfully supported more than 800 food founders across the region and globally and works with both start-ups and established global food corporations in the consumer products, agricultural, and tech spaces, as well as leading academic institutions and governments. To date, Branchfood's sister company, Branch Venture Group, has invested more than $3.5M in 15 early-stage food startups. The celebration kicked off with a panel discussion with some of the state’s most renowned food pioneers, moderated by Tara Levine, Branchfood Strategic Advisor, and including Lisa Raiola, president and founder of Hope and Main; Todd Blount, president and co-owner of Blount Fine Foods; Bacary Diatta, founder and owner of Kassumay LLC; and Nicolas Warren, Branch Venture Group Angel Investor. Following the panel, attendees sampled food and drinks and engaged with entrepreneurs at a startup showcase that highlighted 10 local companies, such as Westerly's Granny Squibb, Barrington's Big Picture Foods, and Providence's goTeff.

“We are thrilled to have Branchfood join the food ecosystem in Rhode Island,” said Lisa Raiola, founder and president of food incubator Hope & Main. “Branchfood’s services will advance and accelerate the work that we've been doing since 2014 to cultivate a thriving and resilient local food economy. The hundreds of food founders that incubate their start-ups at Hope & Main will find vital support to help them scale to the next level in Rhode Island and the region as Branchfood brings their marketing and manufacturing expertise along with food-focused sources of capital.”

Branchfood’s plan to accelerate food innovation in RHode Island

Branchfood’s work in the Ocean State continues on October 6th with a session called the “Ins and Outs” of Scaling a Food Business in Rhode Island, followed by programs including Branchfood’s signature event, Monthly Community Table, and financing and investment opportunities for startups and investors in Rhode Island. Additionally, Branchfood and the Cambridge Innovation Center will begin welcoming entrepreneurs and food teams to the 225 Dyer Street location to work and collaborate later this fall.

Read more about Branchfood’s expansion to Rhode Island: