The dairy product manufacturer’s Meiji Accelerator will back startups that have the potential to disrupt the corporate’s existing business models and product lines.

Japan-based food conglomerate Meiji Group has partnered open innovation group 01Booster to form a startup accelerator scheme called Meiji Accelerator.

Founded in 1916, Meiji manufactures and sells confectionery, dairy products and over-the-counter drugs. It is unrelated to namesakes including Meiji Yasuda Life Insurance, Meiji Tosho Shuppan Corporation, Meiji Yakuhin, Meiji Gakuin University and Meiji University.

The programme is set to launch in May, and will focus on the open innovation initiatives laid out in Meiji’s 2026 Vision. It will target…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.