SOURCE: Ganeden Inc

Ganeden Inc

Ganeden Inc

June 16, 2016 15:45 ET

Top Three Finalists Announced for Ganeden's Probiotic Innovation Jumpstart Program

Product Concepts to Be Presented to Industry Experts in Shark Tank-Type Presentation

CLEVELAND, OH--(Marketwired - June 16, 2016) - Ganeden took the probiotic industry by storm with the announcement of its first-ever Innovation Jumpstart program, which encouraged the development of new probiotic food and beverage ideas. Submissions flooded in during the three month entry time, and after extensive deliberation three finalists have been selected. The finalists are:

  • AVOKE Spoonables: a line of vegan, avocado-based smoothie bowls. Each Spoonable comes packaged and ready-to-eat in an avocado-shaped stackable cup containing two servings of fruits and vegetables, 1 billion CFUs of probiotics and a toasted quinoa topping. The concept, entered by Daniel Karsevar, would be the first avocado, probiotic smoothie and serves as a tasty and healthy alternative to yogurt or plant-based beverages.
  • Red Lotus Foods: a Cleveland-based company offering a creamy spread made from cultured cashews with roasted garlic and herbs from entrant, Jeanne Petrus-Rivera. The artisan spreads and toppings are dairy-free and make a unique variation to traditional spreads. Consumers now have the option to give up dairy products without giving up the taste they love.
  • simplyFUEL: non-GMO, protein energy balls made from scratch by Mitzi Dulan, a registered dietitian and the team sports nutritionist for the World Champion Kansas City Royals. The balls are packed with delicious ingredients and are a fun snack option that satisfies outside of protein bars. They have been taste-tested and approved by several high-profile professional athletes, active adults as well as young athletes and children.

On July 16, up to two representatives from each company will fly to Chicago to present their product concept in-person to a panel of esteemed industry experts from manufacturing, marketing, entrepreneurial and retail backgrounds. These judges will select one idea for a partnership that will make probiotic history. The grand-prize winner will receive $25,000 in support to utilize GanedenBC30® probiotics in the product, as well as the guidance, assistance and expertise needed to help develop and launch their innovation into the functional food industry.

"We invited scientists, entrepreneurs, inventors and others with a brand-new probiotic food or beverage product concept to submit their idea, resulting in many impressive entries," said Andy Lefkowitz, CEO of Ganeden. "We believe our finalists represent novel products that will resonate with consumers and fill a specific need in the marketplace, but it was a difficult choice as many entrants met this goal."

The winning concept will join the more than 500 probiotic product SKUs that have been brought to market with GanedenBC30 probiotics. These products exceeded more than $1 billion in retail sales in 2015.

The winner announcement will take place at 3:15 p.m. on Sunday, July 17 at Ganeden's Institute of Food Technologists (IFT) expo booth (#2148), followed immediately after by a celebratory happy hour and interview/photo opportunities.

To learn more about Ganeden's Probiotic Innovation Jumpstart program, including details on judges and finalists, visit Ganedenprobiotics.com/jumpstart. If you would like to interview the finalists, please contact Teresa DeJohn, Ganeden's PR manager. For information on GanedenBC30 probiotics, visit GanedenBC30.com.

About Ganeden:
Ganeden is at the forefront of probiotic research and product development with an extensive library of published studies and more than 100 patents for probiotic technologies in the food, beverage, animal health, sports nutrition and personal care ingredients markets. Ganeden is best known for GanedenBC30® (Bacillus coagulans GBI-30, 6086), its patented, FDA GRAS, non-GMO, highly stable probiotic ingredient. Ganeden's newest ingredient, Bonicel, is the first science-backed, probiotic-derived, personal care ingredient shown to dramatically reduce signs of aging. For more information about Ganeden and licensing opportunities visit GanedenProbiotics.com.

About GanedenBC30:
GanedenBC30® (Bacillus coagulans GBI-30, 6086), Ganeden's patented probiotic ingredient that can be found in more than 500 leading food, beverage, sports nutrition and companion animal products around the world. Unlike most other probiotic strains, GanedenBC30 is a spore-former which makes it highly stable and allows it to remain viable through most manufacturing processes, three years of shelf life and the low pH of stomach acid. The efficacy of GanedenBC30 is backed by over 20 published studies showing safety, digestive and immune support and GanedenBC30 has an exceptional safety record with FDA GRAS status from the United States FDA. It can be formulated into virtually any food, beverage or companion animal product that is baked, boiled, frozen or squeezed…. including all hot or refrigerated beverages! For more information, please visit GanedenBC30.com.

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