Applications open for farm credit banks' AgLaunch365 program
Jul. 31, 2018
Teams that are accepted into AgLaunch365 are eligible to receive pre-seed investment from Innova Ag Innovation Fund, a $31 million Rural Business Investment Company whose limited partners are eight farm credit banks.
Areas of interest include:
* Precision Farming (management of inputs, soil, water & crop tech)
* Farming Technology (new equipment, robotics & automation, harvest & storage)
* Supply chain & Logistics (processing/productivity tools, diagnostics, & food safety)
Here are a few of the tools that AgLaunch365 participants will have access to:
Customized programming focused on agriculture from AgLaunch and lean method approach to scale growth and operations from Start Co.
Support from a national network of agricultural-focused mentors and service providers including Archer Malmo and Baker Donelson
Pre-seed investment and access to our network of ag & food VCs
Commercial scale field trials supported by a cost-share program
AgLaunch365 operates in three phases (business model, field plan, and implementation) over a 1 year period, allowing startups to participate in the phase or phases that are relevant to each company's stage of growth. Entrepreneurs who participate in Phase I will have dedicated blocks of time for programming in Memphis, Tennessee, but also have flexibility to travel or be in the field to conduct normal business and assignments in-between programming.
Applications for Phase I are due by 5 p.m. CT on Monday, August 13, 2018. Phase I starts the first week of October 2018.
For more information on AgLaunch365 and access to the application go to: http://aglaunch.com/aglaunch-365
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