Applications for the 2020 Ag Innovation Challenge, co-sponsored by the American Farm Bureau Federation (AFBF) and Farm Credit, have been extended to October 14. Entrepreneurs in the challenge will have the chance to compete for $145,000 in startup funds for their business.
Ten semifinalist teams will be announced on Nov. 22 and awarded $10,000 each for making the first cut. Those teams will travel to compete at AFBF’s Annual Convention in Austin, Texas, in January 2020. Four teams will move on to the final round, receive an additional $5,000, and compete on a live stage in front of Farm Bureau members, investors and industry representatives.
To apply for the challenge, entrepreneurs and businesses can apply online here by Oct. 14, 2019. Entrepreneurs must be Farm Bureau members to qualify as a top-10 semifinalist. Entrepreneurs and businesses are encouraged to apply if their product or business is in the following specialties: farm, ranch, greenhouse, aquaponics, input product, method or tool for growing, productions support services, retail, agritourism, farm-to-table business, food/beverage production, and value-added processing.
Startup funds are provided by sponsors Farm Credit, John Deere, John Deere, Bayer Crop Science, Farm Bureau Bank and Country Financial.
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