Categories
AgTech Biotech

Mycocycle, Inc. selected as finalist in the Best World Changing Idea NA, Experimental, and General Excellence categories

The winners of Fast Company’s 2020 World Changing Ideas Awards were announced on April 28, 2020, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to flattening the curve when it comes to the climate crisis, social injustice, or economic inequality.

Mycocycle, Inc.: Converting Waste Streams into Value Streams has been selected as a finalist in the Best World Changing Idea NA, Experimental, and General Excellence categories.

Now in its fourth year, the World Changing Ideas Awards showcase 26 winners, more than 200 finalists, and more than 500 honorable mentions—with Health and Wellness, Corporate Social Responsibility, and AI and Data among the most popular categories. A panel of eminent judges selected winners and finalists from a pool of more than 3,000 entries across transportation, education, food, politics, technology, and more. The 2020 awards feature entries from across the globe, from Vancouver to Singapore to Tel Aviv.

Illustrating how some of the world’s most inventive entrepreneurs and companies are addressing grave global challenges, Fast Company’s May/June issue celebrates, among others, an electric engine for airplanes that eliminates emissions from flights—and expensive fuel from the tricky financial calculus of the airline industry; a solar-powered refrigerator that finally frees people in remote villages from daily treks to distant markets, transforming the economics of those households; an online marketplace that connects food companies with farms to buy ugly and surplus produce to fight waste; and an initiative to offset all of the carbon costs of shipping, creating a new model for e-commerce sustainability.

“I am honored and stunned to have Mycocycle recognized in one category, let alone three,” says Joanne Rodriguez, Founder and CEO of Mycocycle. “We have been working hard to shift the narrative on viewing trash as a resource to drive a more circular solution to waste management. Our ‘mushroom’ tech mimics nature’s processes in a controlled environment to do just that. If we don’t drive innovation in this field, we will continue to face a growing issue that is harmful to environments worldwide.”

Joanne Rodriguez, Founder and CEO of Mycocycle

“There seems no better time to recognize organizations that are using their ingenuity, resources, and, in some cases, their scale to tackle society’s biggest problems,” says Stephanie Mehta, editor-in chief of Fast Company. “Our journalists, under the leadership of senior editor Morgan Clendaniel, have uncovered some of the smartest and most inspiring projects of the year.”

About the World Changing Ideas Awards: World Changing Ideas is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better. A panel of judges from across sectors choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With a goal of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all.

For more information about the company, please contact: Joanne Rodriguez, joanne@mycocycle.com, Founder/CEO, Mycocycle, LLC

Categories
AgTech Blockchain

Blockchain for Food and Agriculture

Blockchain is an emerging technology allowing universal transactions among distributed parties, without the need of intermediaries. Blockchain is not a single technology but uses a combination of technologies that have a considerable history in computer science and in commercial applications like public/private key cryptography, cryptographic hash functions, database technologies especially distributed databases, consensus algorithms, and decentralised processing. Blockchain could pave way for a transparent supply chain of food, by facilitating the sharing of data between disparate actors in a food value chain.

Despite huge positives of the technology and the great interest it has received from public and private parties in general, some critical questions like accessibility, governance, technical aspects, policies, data ownership and regulatory frameworks need to be addressesed for its mass adoption.

Some common ways in which blockchain is applied in food and agriculture value chains are

Supply Chain Traceability: It enables companies to quickly track unsafe products back to their source and see where else they have been distributed. This can prevent illness and save lives, as well as reducing the cost of product recalls.

Example: Aglive – An Australian livestock tracking platform, has completed a pilot that monitored shipments of beef to China using blockchain. The pilot saw cattle tracked from Macka’s cattle farm in regional New South Wales to an abattoir located in the same state. From there, frozen beef products were tracked across the supply chain as the meat was transported by land freight interstate to Queensland, and then shipped to Shanghai — ensuring that the products were stored under safe conditions throughout transit. The products were then distributed to grocery stores in Shanghai.

Agricultural Commodities Trade: Commodities management involves deal documents, contracts, letters of credit, supply chain finance, traceability and government certifications. Blockchain is enabling these data management challenges and payment time lags.

Example: AgriDigital – A blockchain-based and integrated commodity management solution for the global grains industry.

Digital Marketplace: Digital marketplaces allow buyers and growers to connect directly, increasing the amount of profits that go to the farmers, and investors to invest directly into farms producing commodities and then trade on that investment.

Example: Twiga Foods Ltd – The company, buys fresh produce from 17,000 farmers and processed food from manufacturers and then delivers it to 8,000 vendors, most of whom are women.

Categories
AgTech FoodTech

AgriFood Category Definitions

  1. Ag Biotechnology: On-farm inputs for crop & animal ag including genetics, microbiome, breeding, animal health.
  2. Agribusiness Marketplaces: Commodities trading platforms, online input procurement, equipment leasing.
  3. Bioenergy & Biomaterials: Non-food extraction & processing, feedstock technology, cannabis pharmaceuticals.
  4. Farm Management Software, Sensing & IoT: Ag data capturing devices, decision support software, big data analytics
  5. Farm Robotics, Mechanization & Equipment: On-farm machinery, automation, drone manufacturers, grow equipment.
  6. Midstream Technologies: Food safety & traceability tech, logistics & transport, processing tech.
  7. Novel Farming Systems: Indoor farms, aquaculture, insect, & algae production.
  8. Innovative Food: Cultured meat, novel ingredients, plant-based proteins.
  9. In-Store Retail & Restaurant Tech: Shelf-stacking robots, 3D food printers, POS systems, food waste monitoring IoT.
  10. Restaurant Marketplaces: Online tech platforms delivering food from a wide range of vendors.
  11. eGrocery: Online stores and marketplaces for sale & delivery of processed & un-processed ag products to consumer.
  12. Home & Cooking Tech: Smart kitchen appliances, nutrition technologies, food testing devices.
  13. Online Restaurants & Meal Kits: Startups offering culinary meals and sending pre-portioned ingredients to cook at home.
  14. Cloud Retail Infrastructure: On-demand enabling tech, ghost kitchens, last mile delivery robots & services
  15. Miscellaneous eg. fintech for farmers

Source: AgFunder AgriFood Funding Report

Categories
e-Commerce

Go-to-market approach: Bayer joins hands with AgroStar

Bayer has partnered with AgroStar, a Pune-based e-commerce firm in the farm input space, to deliver seeds and crop protection products directly to the farmer’s doorsteps. Farmers in India can now order Bayer’s seeds and crop protection products through AgroStar’s digital agri-tech platform. With increasing incidence of online e-commerce platforms, the trend is fast catching up in the agricultural space. The company is hoping that the supply of good quality agri-inputs and digital agronomy solutions, can significantly increase farm productivity and farmer incomes.

Read more at TheHinduBusinessLine

Categories
Policy

The Canadian Agricultural Partnership opens up E-Business opportunities for agri-food

The Canadian Agricultural Partnership (the Partnership) is a five-year federal- provincial-territorial initiative to strengthen the agriculture, agri-food and agri- products sectors, and increase their competitiveness, prosperity and sustainability. The Governments of Canada and Ontario are supporting the agriculture, agri-food and agri-products sectors to capture online e-business opportunities that will help create new, expanded or enhanced markets and open new retail channels to help generate new revenue streams for future growth.

The Agri-Food Open for E-Business targeted intake will help businesses/organizations quickly expand their marketing channels and respond to new market challenges, increase online sales in the sector and provide consumers with access to more local food. This targeted application intake features two funding streams:

  1. Bring Your Business Online: Provides a grant of up to $5,000 to eligible organizations/businesses to help establish an online presence.
  2. Develop Online Business Opportunities: Provides cost-share funding for up to 90 per cent of eligible costs to a maximum of $75,000 to develop e-business opportunities on a larger scale.

Eligible agriculture, agri-food and agri-products businesses/organizations (such as farmers, processors, individual farmers markets, on-farm markets, retailers, garden centres, greenhouses, nurseries and agricultural associations) that are looking to bring their business online quickly can apply to receive a grant of up to $5,000 in order to capture business opportunities and address marketing challenges through a new, expanded or enhanced online e-business and marketing presence.

Read more at OMAFRA

Categories
Uncategorized

Save more, spend less to be shoppers’ new mantra

Shoppers are likely to cut back sharply on discretionary spending after the lockdown, sacrificing outings to malls, restaurants, and salons to save up for immediate needs such as health and hygiene products. The online survey was conducted by Nielsen between 10 April and 14 April among 1,330 people in 23 cities. The findings indicate that the future is tilting toward home-cooked meals rather than eating out. Hygiene has become a big issue with increased awareness and is likely to remain the trend once the pandemic is over. Even if normalcy returns and the lockdown is relaxed, people will not be comfortable in crowded places, including airlines, restaurants, clubs, and metros. The importance of preventive healthcare will grow in consumer priorities because of the covid-19 pandemic. E-commerce has seen exponential growth and this will continue. However, after the coronavirus outbreak and the ensuing lockdown, kirana stores have made a comeback.

Read more at LiveMint

Categories
Uncategorized

Differentiated fresh produce distribution channel

A new online platform is launched this week by the Fresh Produce Consortium as a means of ensuring that the fresh produce supply chain keeps moving across the UK. On Your Doorstep has been set up to provide a free of charge service for suppliers of fresh produce in a move to connect them with customers in their local area. On Your Doorstep has received huge support from the industry already and the platform is being populated with suppliers in each region of the UK, ready for its nationwide launch this week.

Development of such differentiated and innovative business models can have long lasting impact on the fresh produce industry. It will definitely support the fresh produce supply chain and keep it moving during these challenging times.

Read more at OnYourDoorstep