(Photo courtesy American Farm Bureau Federation.)
The American Farm Bureau Federation, in partnership with Farm Credit, announced the 10 semi-finalist teams in the 2019 Farm Bureau Ag Innovation Challenge. Two of the semi-finalists, Nebullam and FarmlandFinder are Ames-based startups. Washington-Iowa-based Continuum Ag, also made the top ten list.
The 10 semi-finalist teams were awarded $10,000 each. Four teams to compete in the finals will be announced Dec. 5. Each will receive an additional $5,000 and have all expenses paid to compete in a live pitch competition at AFBF’s 100th Annual Convention in New Orleans on Jan. 13.
The final four teams will compete to win:
Farm Bureau Rural Entrepreneur of the Year award and $15,000 (chosen by judges), for a total of $30,000
People’s Choice award and $10,000 (chosen by public vote), for a total of $25,000
The competition, now in its fifth year, is the first national business competition focused exclusively on rural entrepreneurs launching food and agriculture businesses. It provides an opportunity for individuals to showcase ideas and business innovations in agriculture.
Read the full Farm Bureau press release at www.fb.org