Ingredion for Emerging Business Partners with Food Business Incubator, The Hatchery Chicago

Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, announced today a partnership with The Hatchery Chicago, a non-profit food business incubator. The partnership is part of the Ingredion for Emerging Business initiative launched to help emerging food and beverage companies turn innovative ideas into on-trend, scalable, food and beverage products.

Ingredion’s partnership with The Hatchery Chicago connects the Company with the local food and beverage start-up community, while helping to empower entrepreneurs with Ingredion’s customer-centric innovative ingredient solutions, deep food and beverage product development expertise, market insights and new Emerging Business e-commerce platform. Ingredion will work with The Hatchery Chicago to offer classes, webinars and a mentorship program to Chicago-area entrepreneurs.

“The industry is evolving and our partnership with The Hatchery Chicago demonstrates our dedication to supporting the food and beverage entrepreneurial community,” says Evan Hyman, director of Emerging Business at Ingredion. “It is an avenue for us to help start-up companies emerge faster and reach their full potential with innovative food and beverage products in demand by today’s consumers.”

The mission of The Hatchery Chicago is to enable local food and beverage entrepreneurs build and grow successful businesses through three major areas of need: access to production space, financing and resources. To learn more, visit www.thehatcherychicago.org. The Hatchery recently broke ground on a 67,000-square-foot facility in the East Garfield Park section of Chicago that will house between 75 and 100 food entrepreneurs.

“The recipe for success involves understanding every ingredient that goes into building a sustainable business,” says Natalie Shmulik, CEO of The Hatchery Chicago. “Our goal at The Hatchery Chicago is to provide entrepreneurs with all the resources they need to best navigate the food and beverage industry. We are excited to be partnering with industry leader and Chicagoland's own, Ingredion. By partnering with Ingredion, we will be able to better serve our network of entrepreneurs, who will greatly benefit from the company's longstanding knowledge of on-trend ingredients, product and formulation development and a long history of working with smaller companies.”

To learn more about Ingredion for Emerging Business, visit www.emergefaster.com or to find out how Ingredion’s technical, sensory, CULINOLOGY® and applications teams help food processors develop tailor-made, high quality foods at a reduced cost, contact Ingredion at 1-800-713-0208 or visit www.ingredion.us.