If you are in the ag sector, take note. The deadline to apply for the 2021 “Farm Bureau Ag Innovation Challenge” is the end of the month.
The national business competition, sponsored by the American Farm Bureau Federation in partnership with Farm Credit, showcases U.S. start-up companies addressing challenges faced by America’s farmers, ranchers and rural communities. The award for the “Farm Bureau Entrepreneur of the Year” has increased to $50,000 for 2021. A total of $145,000 in funds will be awarded thanks to Farm Credit, John Deere, Bayer Crop Science, Country Financial, Farm Bureau Financial Services, and Farm Bureau Bank.
Launched in 2015, the event has seen start-ups founded by University of Tennessee (UT) students do well.
- In the inaugural year, a three-person team of UT students – two from the Knoxville campus and one from Martin – won the “People’s Choice Award.”
- mobius, then known as Grow Bioplastics and founded by Tony Bova and Jeff Beegle, made it to the finals in 2016.
- The next year, Alex Adams and his GeoAir start-up reached the finals.
Th online application can be found here.