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Applications open for farm credit banks' AgLaunch365 programqrcode

Jul. 31, 2018

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Jul. 31, 2018
AgLaunch Initiative recently announced applications are open for Phase I of its nationally recognized commercialization approach - AgLaunch365. The program combines its leading accelerator approach with its network of innovative farmers in a flexible wrap-around model that revolves around the agricultural production cycle.

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:

Source: AgLaunch365

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