AgLaunch365 and Accelerator Programs
AgLaunch Provides Ag Startups Access to Farm-Centric Support-to-Scale Innovation Program – Open Applications for Programming and Investment
AgLaunch is pleased to announce open applications for 2021 Summer Bootcamp and AgLaunch365 a world-class program designed to support promising startups interested in growing their agricultural innovation business in a farm-centric model.
AgLaunch, the Knoxville Entrepreneur Center, Sync Space and The Biz Foundry are partnering to offer a 3-week virtual bootcamp to develop promising agtech startups. Applicants should be innovators who are interested in growing their agricultural startups and working directly with farmers or local food businesses. The bootcamp will be held on Tuesday and Thursday afternoons from July 6-22, 2021 from 12-2:30pm CST (1-3:30pm EST). Teams accepted into the program will experience best-in-class agricultural entrepreneurship programming with engagement from members of the AgLaunch Farmer Network, as well as a national network of investors and mentors.
Applications AgLaunch365 are open to startup companies focused on innovations in row crop agriculture at all stages whether early-stage help is needed or access to progressive farmers who can help ground-truth innovative technology. This year’s Row Crop Challenge will focus on technologies that accelerate the adoption of sustainable production practices toward the farm-of-the-future, specifically outlined in the Cotton Trust Protocol.
Participants in AgLaunch365 will have access to the following:
- Customized programming focused on agriculture and lean startup
- Collaborative access to Farm Journal teams and the opportunity to attend Top Producer Summit, the leading event for farmer CEOs
- Field trials and access to farmer network of leading innovative farmers including cost share opportunity
- Support from a national network of mentors and service providers
- Opportunity to showcase their technology at an investor-focused demo day in conjunction with the Mid-South Farm and Gin Show
AgLaunch’s unique multi-year model starts with the AgLaunch365 accelerator and ends with a three-iteration on-farm trial pathway that takes ideas from proof-of-concept to peer-to-peer scale with targeted investor touch points along the way. AgLaunch365 operates in three phases over a 12-month period, ramping towards on-farm trials across the United States. Phases include:
- Phase I – Participants receive support services to refine their startup’s value proposition and prepare to pitch to row crop farmers and agricultural investors through a virtual pitch competition.
- Phase II – A panel of farmers choose up to six startups to participate in this phase, beginning January 2021. Startups will construct in-depth field trial plans while fine-tuning their business model.
- Phase III – The balance of 2021 is dedicated to implementing field trial plans with the AgLaunch Farmer Network. Participating startups typically work directly with farmers for three iterations of their technology and have exclusive access to farmer input and feedback.
Learn more about the AgLaunch Farm-Centric Innovation Model and see pitches from past AgLaunch Accelerator participants.
Frequently Asked Questions
What’s the difference between a bootcamp and AgLaunch 365?
A bootcamp is a high-level and condensed version of the AgLaunch365 programming. There is no equity exchanged, and bootcamps are a good way to “kick the tires” on the AgLaunch programming and farm-centric model. Participants range from someone with an idea to a very early stage agtech company with minimal revenue.
AgLaunch365 is a full accelerator and is meant to engage early-stage companies that could use some business development support and access to a network of farmers willing to test and provide meaningful feedback to startups. AgLaunch365 participants, in partnership with growers, design and implement in-field trials as part of the programming.
What kinds of companies is AgLaunch interested in working with?
This year’s Row Crop Challenge will focus on technologies that accelerate the adoption of sustainable production practices toward the farm-of-the-future, specifically outlined in the Cotton Trust Protocol.
What should I expect to get by participating in AgLaunch365?
The main reason a startup should want to participate in AgLaunch programming is access to a world-class network of farmers interested and committed to developing technology that improves the future of farming.
Do you have to be located in the Delta region to be considered?
No! But you must be willing to come to the Delta region and work with our Farmer Network.
What stage companies do you invest in?
Do you take equity?
Yes, we take equity in exchange for services and investment. The terms of each equity investment are negotiated on a case-by-case basis because we believe that is the best way to serve our entrepreneurs.
Can I re-apply?
Still have questions? Feel free to reach out to us at firstname.lastname@example.org