Ag Innovation Challenge Applications Open
The American Farm Bureau Federation, in partnership with Farm Credit, has opened online applications for the 2022 Farm Bureau Ag Innovation Challenge. This national business competition showcases U.S. startup companies that are providing solutions to challenges faced by America’s farmers, ranchers, and rural communities. Farm Bureau will award $165,000 in startup funds provided by sponsors Farm Credit, Bayer Crop Science, Farm Bureau Bank, Farm Bureau Financial Services, FMC Corporation, and John Deere. For this eighth year of the competition, Farm Bureau is seeking entrepreneurs who are addressing either traditional or new/emerging challenges, including challenges that surfaced due to the COVID-19 pandemic. Applications must be received by August 20, 2021. Ten semi-finalist teams will be announced on October 5, 2021 and awarded $10,000 each. These 10 teams will compete to advance to the final round where four teams will receive an additional $5,000 each and compete to win a total of $50,000.