New AD Stretch challenges
Cohort 3 presents accelerator startups with new challenges that center on next-generation storage materials, consumer experience and sustainability.
Startups selected to face storage materials challenges will be tasked with improving the performance of batteries through materials that can increase energy density, efficiency and safety. Material challenges also include ways to contain energy storage technology costs, in part by combining material properties like insulation and flame retardancy.
AD Stretch applicants applying to maximize the consumer experience will need the expertise to harness digital retail technology and have the knowledge and ability to enable product customization at the point of sale. AD Stretch will also welcome startups that can help apparel and footwear brands authenticate products and engage consumers.
Sustainability is a core Avery Dennison value. The company is looking for startups to solve challenges via reverse logistics, packaging traceability, the reuse of big data AI and process automation, and end of product life management and recycling.
Program results
In just 18 months, the AD Stretch accelerator program has grown from launch mode to a thriving program that’s fielded over 500 applications from over 35 countries and created pilot programs for 14 startup businesses. Startups can apply for acceptance to AD Stretch Cohort 03 from September 5 to November 27, 2023.
Click here for more about AD Stretch along with detailed information for applying to the program: https://www.adstretch.com/en/home.html.
