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Canadian Start-up Is One Sip Closer to Share of $1M Chivas Venture Fund
[February 11, 2020]

Canadian Start-up Is One Sip Closer to Share of $1M Chivas Venture Fund


LONDON, Feb. 11, 2020 /CNW/ -- Social enterprise, Tandem, is preparing to go head-to-head in a series of spirited pitches with 25 of the hottest start-ups from around the world. Tandem has won the Canadian final of the Chivas Venture; a global competition from leading blended Scotch whisky Chivas that gives away $1 million in no-strings funding every year to social businesses that blend profit and purpose to have a positive impact on the world.

Tandem is a rapidly growing start-up helping greenhouse gas emitters across multiple industries capture and convert pollution from a liability into an asset. Its patented process recycles carbon into highly marketable mineral by-products such as calcium carbonate, used in products ranging from health supplements, to paint, toothpaste, fertilizer and building materials.

"At Tandem, we are developing breakthrough technologies to convert greenhouse gas emissions into high value products. The Chivas Venture is giving us the opportunity to make a major impact on industrial pollution and continue to help clear the air!" – Heather Ward.

Heather Ward, Co-founder & CEO of Tandem, will now embark on the journey of a lifetime that will put her business to the test on a global scale. In the run-up to the Global Final in June, the 26 social entrepreneurs will travel to London to take part in a three-day accelerator programme – providing exposure to experts and industry professionals, and a range of networking opportunities. The entrepreneurs will engage in one-on-one coaching sessions, taking their businesses to the next level and ensuring a pitch-perfect performance.

Last year's winner, Javier Larragoiti, founder of Mexico's Xilinat, said: 

"Taking part in the Chivas Venture has been an unbelievable and life-changing experience for me and my business; to see all my years of hard work and belief in my product shared on a global scale was a dream come tue. The competition has provided Xilinat with a global platform and the funding to change the course of the sugar industry forever…pretty sweet, right?"



Chivas believes in blending ambition with generosity and in using success to enrich the lives of others – a belief instilled by founding brothers, James and John Chivas, who shared their success with their local community as their business grew. Two centuries later, the Chivas Venture champions these values – to date, the competition has positively impacted over 2 million lives, thanks to the $5m that Chivas has awarded to social businesses around the world.

Just as Chivas champions the perfect blend of malt and grain whiskies in its Scotch, the Chivas Venture champions entrepreneurs who blend profit and purpose to have a positive impact on the world. Find out more about the Chivas Venture and why blending profit and purpose is better at Chivasventure.com.


#ChivasVenture

Twitter: @ChivasVenture

Notes to Editors

About Chivas

Chivas believes that blended is better, in life and in Scotch. Chivas' belief in blending was instilled by founding brothers, James and John Chivas, who pioneered the art of blending in 19th century Scotland.

Since then, Chivas has been integral to the growth of the Scotch whisky category worldwide – by bringing together the best malt and grain whiskies to create something extraordinary. Chivas believes in the power of blending in life, as well as in Scotch. In bringing people together to create a greater whole – which is why Chivas is proud to be the global spirits partner of Manchester United, the world's biggest football club; and in blending ambition with generosity and using success to enrich the lives of others – which is why the Chivas Venture supports social startups with $1m in annual funding.

Chivas blends its home in Speyside, Scotland, with more than 100 countries across the globe, who together have made Chivas the global success it is today, selling more than 4.2 million 9L cases every year. The Chivas range blends timeless classics with modern innovation, including: Chivas 12, Chivas Extra, Chivas XV, Chivas Mizunara, Chivas 18, Chivas Ultis, Chivas 25, Chivas Regal The Icon, and the Global Travel Retail exclusive Chivas Brothers Blend.

Chivas. Success is a blend.

www.Chivas.com

Chivas Venture

The Chivas Venture gives away $1 million in no-strings funding every year to the hottest social startups from around the world. Since the competition first launched in 2014, over 8,000 social enterprises have applied for the chance to receive a share of the annual $1 million fund. To date, the competition has awarded $5m across 100 startups, who have positively impacted over 2 million lives around the world.

Last year at the Chivas Venture Global Final in Amsterdam, social startup Xilinat from Mexico was awarded the largest share of the fund, with founder Javier Larragoiti receiving $310,000 towards his sugar business that aims to change the sugar industry as we know it.

www.chivasventure.com 

 

 

Cision View original content:http://www.prnewswire.com/news-releases/canadian-start-up-is-one-sip-closer-to-share-of-1m-chivas-venture-fund-301002355.html

SOURCE The Chivas Venture


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