The American Farm Bureau Federation, in partnership with Farm Credit, is seeking entrepreneurs to apply online for the 2023 Farm Bureau Ag Innovation Challenge. Now in its ninth year, the national business competition showcases U.S. startup companies developing innovative solutions to challenges faced by America’s farmers, ranchers and rural communities.
Farm Bureau is offering $165,000 in startup funds throughout the course of the competition, which will culminate in the top ten semi-finalists competing in a live pitch competition in front of Farm Bureau members, investors and industry representatives at the AFBF Convention in January 2023 in San Juan, Puerto Rico.
AFBF President Zippy Duvall says, “The Ag Innovation Challenge is an outstanding avenue for identifying and supporting startup businesses striving to solve the problems facing rural America.”
Applications remain open through April 29, and the ten semi-finalist teams will be announced on September 13. Eligibility guidelines and the competition timeline can be found at fb.org/challenge.
(From the National Association of Farm Broadcasters)
Meet the 2022 Ag Innovation Challenge top 10 finalists. The Ag Innovation Challenge helps entrepreneurs grow their ideas into products that support farmers and ranchers in their mission to provide the food, fuel and fiber we all rely on. Learn more about the contestants here: https://bit.ly/3vOsuk5