Ahold in three-year partnership with startup accelerator Startupbootcamp

Zaandam, the Netherlands, 2015-10-27 — /EPR Retail News/ —  Ahold today announced it has entered into a three-year partnership with startup accelerator Startupbootcamp, to support young companies elected to participate in the Startupbootcamp E-commerce program.

Being involved with Startupbootcamp will enable Ahold to witness e-commerce trends and innovations at their origin and get to know promising startups. In exchange, program participants will benefit from Ahold’s experience as a retailer with a history of innovations spanning almost 130 years.

Ahold’s business includes several e-commerce frontrunners – some of which began as startups. In the Netherlands, Albert Heijn started experimenting with home delivery in 1987 with a service called James Telesuper. Today, Albert Heijn Online is the largest online supermarket in the country. U.S. Internet grocer Peapod, part of Ahold since 2001, started out in 1989 as the first pure e-commerce company in the world. Bol.com has grown into the largest online general merchandise retailer in the Netherlands since its inception as an online bookstore in 1999.

Hanneke Faber, Ahold Chief Commercial Officer and responsible for online activities and innovation said, “We are excited to be partnering with Startupbootcamp E-commerce. With their creativity and flexibility, Startupbootcamp’s young companies are quick to spot what consumers and companies need, while they are also able to commercialize innovations very rapidly. With those qualities, they can inspire Ahold to develop further as an omni-channel retailer. At the same time, our mentors will help promising start-ups with a wealth of experience in the areas of both e-commerce and traditional retail.”

Patrick de Zeeuw, co-founder of Startupbootcamp said, “Ahold is a great company that has offered young companies like Peapod and bol.com the opportunity to blossom. This makes it an inspiring example for our participants. The startups can sharpen and grow their businesses, and Ahold can stay close to the startup-ecosystem.”

The first ten companies selected for Startupbootcamp E-commerce originate from Portugal, the Netherlands, Israel, the Czech Republic, Greece and the U.K. Ahold is providing mentors, with different areas of expertise, from Albert Heijn and bol.com.

About Startupbootcamp
Founded in 2010, Startupbootcamp is the Number 1 accelerator outside the U.S. with a mentor and alumni network in more than 60 countries. The program offers startups access to a large network of experts in a range of sectors during an intensive three-month program. After three months, the participating startups present their company to more than 300 investors on Demo Day. Startupbootcamp currently has programs in Amsterdam, Berlin, Copenhagen, Istanbul, Eindhoven, Sittart, London, Barcelona and Singapore. For more information visit: www.startupbootcamp.org.

For more information on the Startupbootcamp E-commerce program, click here

Cautionary notice

This press release includes forward-looking statements, which do not refer to historical facts but refer to expectations based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those included in such statements. These forward-looking statements include, but are not limited to, statements as to Ahold’s further development as an omni-channel retailer. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond Ahold’s ability to control or estimate precisely, such as discussed in Ahold’s public filings and other disclosures. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Koninklijke Ahold N.V. does not assume any obligation to update any public information or forward-looking statements in this release to reflect subsequent events or circumstances, except as may be required by law. Outside the Netherlands, Koninklijke Ahold N.V., being its registered name, presents itself under the name of “Royal Ahold” or simply “Ahold.”

SOURCE: Ahold N.V.

CVS Health partners with startup accelerator MassChallenge and digital health venture fund Rock Health

WOONSOCKET, R.I., 2015-10-1 — /EPR Retail News/ — CVS Health (NYSE: CVS) today announced that it was partnering with top startup accelerator MassChallenge and digital health venture fund Rock Health to drive faster innovation and expand areas of focus for connected health solutions. On the heels of the opening of its Digital Innovation Lab in June, these new collaborative relationships further demonstrate CVS Health’s commitment to driving rapid and impactful innovation in digital health solutions.

“We know that some of the best digital health innovations are already being developed, so we’ve made partnering a key part of our digital efforts,” said Brian Tilzer, Senior Vice President and Chief Digital Officer for CVS Health. “We have broad scale and resources; MassChallenge offers a competitive startup accelerator program and Rock Health has an impressive portfolio of market-leading companies. By working collaboratively with each, we can rapidly design and test new ideas ultimately bringing solutions to our customers that will dramatically impact the way they manage their health.”

As part of its digital strategy, CVS Health is focusing on innovation areas including mobile, personalization, connected health and digital therapeutics complements to the work that many of the portfolio companies are already exploring. By forging new relationships in key markets — Boston, for healthcare and San Francisco, for technology– CVS Health aims to collaborate with the most advanced and capable organizations to develop future-looking health care solutions that help its 100 million customers proactively and better manage their healthcare needs.

Continued Momentum in Boston with MassChallenge

By entering into a relationship with MassChallenge, CVS Health furthers its connections in the Boston technology community, where it opened up a Digital Innovation Lab earlier this summer. MassChallenge runs startup accelerators in Boston, Israel and the U.K., designed to connect high-impact startups with the resources they need to launch and succeed. Through the partnership, high-potential startups will have access to CVS Health’s breadth and resources to help facilitate the development of the next generation of customer-centric products.

“We’ve seen steady growth in the number of digital health startups that are seeking entrepreneurial resources,” said Scott Bailey, Managing Director of MassChallenge Boston. “We hope that by working with CVS Health, these startups will gain access to an even greater network of resources, helping them to develop their products, make new discoveries and rapidly grow their businesses.”

Making New Connections in California through Rock Health

CVS Health is also entering a relationship with California-based Rock Health, the first venture fund dedicated to digital health. The sponsorship will enable Rock Health’s impressive portfolio to engage directly with CVS Health, providing opportunities to deepen relationships with key stakeholders that share the goal of solving today’s health care challenges.

“With its unparalleled consumer reach, CVS Health is in a unique position to deeply impact the future of healthcare in the U.S. and we’re honored they’ve chosen to work alongside Rock Health,” said Malay Gandhi, Managing Director of Rock Health. “Working with the most forward-thinking companies in the industry is a major pillar of how we provide meaningful support to our portfolio companies.”

About MassChallenge
MassChallenge runs startup accelerators designed to catalyze a global renaissance by connecting high-impact startups with the resources they need to launch and succeed. Anyone can apply to MassChallenge, with any early-stage startup, in any industry, from anywhere in the world. MassChallenge does not take equity or place any restrictions on the startups it supports.

With programs in Boston, Israel and the UK, MassChallenge provides entrepreneurs with mentorship, office space, education, access to a vast network, and other resources during four months of acceleration. MassChallenge awards over $2 million in non-dilutive grants to the startups demonstrating the highest impact and highest potential. A nonprofit organization, MassChallenge is funded by corporate, public and foundation partners. To date, the 617 MassChallenge alumni have raised over $947 million in funding, generated$485 million in revenue and created 5,105 jobs. For more information, visitwww.masschallenge.org.

About Rock Health
Rock Health is the first venture fund dedicated to digital health. Rock Health partners include AARP, Abbott, Blue Shield of California, Boehringer Ingelheim, Brigham and Women’s, CVS Health, Deloitte, Genentech, Kaiser Permanente, Qualcomm Life, UCSF, and the VA Center for Innovation. For more information, visit www.rockhealth.com.

About CVS Health
CVS Health (NYSE: CVS) is a pharmacy innovation company helping people on their path to better health. Through its 7,800 retail drugstores, nearly 1,000 walk-in medical clinics, a leading pharmacy benefits manager with more than 70 million plan members, and expanding specialty pharmacy services, the Company enables people, businesses and communities to manage health in more affordable, effective ways. This unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs. Find more information about how CVS Health is shaping the future of health atwww.cvshealth.com.

Press Contacts
Erin Pensa
T: 401.770.4786

Shannon Sullivan
MassChallenge Boston
T: + 888.782.7820 x 726
E: shannon@masschallenge.org

Lauren White
Rock Health
T: 202.320.8677
E: lauren@rockhealth.org