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The Spoon

Daily news and analysis about the food tech revolution

NYC

New Alt Protein and Bioinnovation Hubs Are Popping Up From NYC to Israel

This week was a big one when it came to incubating the next generation of future food.

Not only did GFI Israel and Technion announce a new Sustainable Protein Research Center (SPRC), but the city of New York also announced it would build a “bioinnovation hub” with $20 million in new funding earmarked from NYC Mayor Eric Adams’ administration.

The SPRC, which Technion and GFI Israel claim is the first of its kind in the world, “will coordinate the collaborative activities of dozens of researchers from more than ten different academic departments at the Technion and with additional universities and companies to address the world’s most pressing challenges of sustainability and human health.”

The new facility will have a 5-year budget of $20 million and will facilitate the recruitment of new faculty members in the field and support “the construction of a building for the Carasso FoodTech Innovation Center.” The new center will purchase and maintain capital equipment and recruit professional technicians and ” fund collaborative seed research and train graduate students and post-docs in related fields.”

Closer to home, the new Center for Planetary Health (C4PH) will be built next to Brooklyn’s Navy Shipyard as part of Newlab, a cross-industry innovation coworking center, and venture studio. The new C4PH will be funded by $20 million allocated as part of the LifeSci NYC initiative, a broad new push that is part of NYC Mayor Eric Adams’ “Working People Agenda.”

Adams commented on the new investment as part of the state of the city address.

“We’re also investing in the jobs of the future,” said Adam. “Last year, Governor Hochul and I announced a new life sciences hub in Kips Bay, which will create 10,000 jobs and $25 billion in economic impact. And this year, the city will kickstart a new effort to become the global center of sustainable biotech.

We will start by opening a first-in-the-nation incubator at the Brooklyn Navy Yard, where biotech startups will transform the way we eat, build, and protect our environment. And as we work to create more jobs, we will also help New Yorkers train for the jobs that are in high demand right now — jobs in tech, renewable energy, and nursing.”

At last week’s Tufts Cellular Agriculture Innovation Summit, several speakers pointed to the need for increased government investment in biotechnology innovation and production infrastructure to help fund the next wave of breakthroughs that will help the future food industry leap forward. While the NYC investment may not do anything to solve the need for the billions of funding needed in production capacity capex the alt-meat industry will need in the future, it’s a sign – much like California’s $5 million allocation last year – that local governments are beginning to understand that investment in the alternative protein industry could make their states more competitive – and create more jobs – when these industries begin high-yield production down the road.

Some NYC Restaurants May Close Again Due to COVID-19

Nine New York City neighborhoods are at risk of having to shut down both indoor and outdoor dining due to rising COVID-19 cases, according to a Sunday press briefing from Mayor Bill de Blasio. Pending approval from New York Gov. Andrew Cuomo, NYC will close schools and nonessential businesses in those nine zip codes, which are in Brooklyn and Queens, starting Wednesday.

The affected neighborhoods are those neighborhoods where the test positivity rate for COVID-19 has been “above 3% for the last seven consecutive days,” Mayor de Blasio told CNN.

The proposal comes just one week after NYC allowed restaurants to reopen dining rooms at 25 percent capacity. If it goes through, restaurants in those nine zip codes would have to return to offering delivery and takeout meals only.

The news is just the latest blow to NYC restaurants, which have taken some of the hardest hits of the industry-wide meltdown brought on by the pandemic. Recently, the New York City Hospitality Alliance said that 87 percent of the 457 restaurants, bars, and nightclubs it surveyed could not pay their rent for the month of August. And at the end of last week, the Alliance released a new report jam-packed with some unsettling stats. As of Aug., employment in the restaurant industry was only 55 percent of its pre-pandemic level from Feb. 2020. Meanwhile, nearly half, or 44 percent, of NYC restaurants have used outdoor seating. It need hardly be said that shutting down that outdoor dining will be another serious blow to business across those nine zip codes.

Offering delivery and takeout bring in some revenue, but as we’ve discussed before, those formats are not yet enough of a lifeline to save a business. In some cases, delivery — an area plagued by controversy and sky-high commission fees for restaurants — can do more harm than good to a business’s margins.

Nor do many independent restaurants have the money to invest in some of the recent developments around off-premises ordering, like GPS-enabled pickup systems, sophisticated digital-ordering technology, and native delivery platforms. Meanwhile, Paycheck Protection Loans are running out, which means so is any hope of governmental assistance. Last week, the U.S. House of Representatives passed the updated $2.2 trillion HEROES Act, which would include $120 billion in relief for independent restaurants. However, it is not expected to be taken up by the Senate.