São Paulo, August 27, 2019 – Klabin, Brazil’s leading producer and exporter of packaging paper, has announced its partnership with Plug and Play, one of the world’s largest startup accelerators, based in Silicon Valley.
The company will be one of the supporters of Plug and Play’s first office in South America, in the city of São Paulo, reinforcing the platform’s international expansion program.
The support is part of Klabin’s innovation strategy and will give the company access to a global network of contacts consisting of startups, companies and investors, which will strengthen the company’s initiatives. In recent years, diverse initiatives and projects were implemented as part of Klabin’s innovation pillars, such as Klabin Challenges, targeted at startups, in order to drive entrepreneurship and foster sustainable solutions; Klabin+U, which offers solutions in partnership with Brazilian and international universities; and Pitch Day, an initiative aimed at attracting partners to solve the diverse challenges faced by the company.
“The theme of innovation has gained increasingly greater strength at Klabin. Actions on this front have focused on exchange of knowledge and opportunities with diverse stakeholder groups, which are connected to the key challenges facing the company. By becoming partners in an important platform such as Plug and Play, we will be able to further bolster the efforts already being rolled out, with the focus on seeking increasingly sustainable solutions,” says Francisco Razzolini, Director of Industrial Technology, Innovation, Sustainability, Projects and the Pulp Business at Klabin.
In the first year, Plug and Play Brazil will launch two programs, one focused on Foodtech (food chain) and Agritechs (agribusiness) and the other on Fintechs (financial system), assisting startups in these segments worldwide to enter these markets. The accelerator’s headquarters in São Paulo will be inaugurated on September 18.
“We are thrilled to announce our partnership with Klabin, Brazil’s largest producer and exporter of packaging paper. We are determined to support Klabin in achieving its innovation and sustainable objectives aimed at making an impact on the Brazilian economy, the environment and society. Together, we will be able to attract the best entrepreneurs and technologies and foster the development of solutions,” said Saeed Amidi, founder and CEO of Plug and Play Tech Center.
Klabin is the largest producer and exporter of paper for packaging in Brazil, its only company offering one-stop shop solutions in hardwood, softwood and fluff pulp, and the leader in corrugated board packaging and industrial bags. Founded in 1899, it has 17 industrial units in Brazil and one in Argentina.
With its entire management guided by sustainable development, Klabin pursues integrated and responsible growth that combines profitability, social development and environmental commitment. Klabin has been a component of the Corporate Sustainability Index (ISE) of the São Paulo Stock Exchange (B3) since 2014. It is a signatory to the United Nations Global Compact and to the Brazilian Pact to Eradicate Slave Labor, and seeks suppliers and business partners that share its values of ethics, transparency and respect for sustainability principles.
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services and an in-house VC to make technological advancement develop faster than ever before. Since our inception in 2006, our programs have expanded worldwide, with presence in over 20 locations globally, giving startups the necessary resources to succeed in the Silicon Valley and beyond. With over 10,000 startups and 280 official corporate partners, we have created the ultimate startup ecosystem in many industries. We provide active investments with 200 leading Silicon Valley VCs and host more than 700 networking events per year. Companies in our community have raised over USD7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal. For more information, visit www.plugandplaytechcenter.com.