Deadline: July 31, 2020 00:00 (CEST)| Apply here
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Eligibility: Applicants must be a member of a state Farm Bureau at the time of submission of the application (learn about becoming a member). In addition, Applicants must be 18 and legal residents of the United States at the time of entry.
Farm Bureau Ag Innovation Challenge 2021
The Farm Bureau Ag Innovation Challenge is a national business competition that showcases U.S. startups developing innovative solutions that address challenges facing America’s farmers, ranchers and rural communities.
Launched in 2015, The Challenge was the first national business competition of its kind focused exclusively on rural entrepreneurs.
Who should apply?
Now in their seventh year, the American Farm Bureau Federation in partnership with Farm Credit, are looking to identify the top entrepreneurs who are addressing both traditional challenges farmers face on their operation, such as access to labor, optimizing yield and reducing operating costs, to entrepreneurs who are addressing new challenges facing farmers and rural communities in light of the COVID-19 pandemic.
Farm Bureau will award $145,000 to ten businesses
Farm Bureau will award $145,000 in startup funds to ten businesses, culminating at a live pitch competition and networking event at the AFBF Annual Convention in January 2021 in San Diego, CA.
The Farm Bureau Entrepreneurs of the Year will be awarded $50,000 in startup funds provided by sponsors Bayer Crop Science, Country Financial, Farm Bureau Bank, Farm Bureau Financial Services, Farm Credit and John Deere.
- $50,000 will be awarded to the 2021 Farm Bureau Entrepreneur of the Year
- $20,000 will be awarded to the People’s Choice Award winner (chosen by public vote)
- $15,000 will be awarded to two finalist teams
- $7,500 will be awarded to six semi-finalist teams
Interested in applying for the Farm Bureau Ag Innovation Challenge 2020? Register your participation by following the registration link and taking the suggested steps.