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AgTech Incubation

FCMB Agritech EPIC PITCH 2020 edition with ₦1.5M Grant

Nigeria’s First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator to launch the FCMB Agritech EPIC Pitch 2020 themed “Redefining and repositioning agricultural value chains during and post the COVID-19 era”. Entries are invited up to JULY 24 from agri-tech start-ups with innovative breakthrough technologies.

The program is focused on the following agricultural value chain solutions:

  1. Processing/Production/Storage
  2. Agricultural Finance
  3. Agricultural Marketing
  4. Supply chain

“This initiative is geared towards building and accelerating the growth of the Agritech Startups in Africa and also helps young and self-driven Nigerian entrepreneurs grow their business. This mission would eventually build investible, sustainable and scalable businesses that can contribute to the nation’s employment rate as well as the growth of the nation’s GDP.”

The virtual program will support Agritech businesses in Africa with seed investment, access to workspace, market & network that stimulates innovation, collaboration and business growth. Two Agritech startups will be selected for ₦1.5M Grant (approx. US$4,000), mentoring and fast-introductions to the network.

Entrepreneurs in the Agritech space should apply before the July 24th deadline. For inquiries, reach out to the programs Team on 07061006794 or send a mail to programs@passionincubator.ng

The organisers of FCMB Agritech EPIC Pitch 2020 are:

First City Monument Bank (FCMB) Limited, is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments. FCMB was licensed in 1982, becoming the first local bank in Nigeria to be established without government support.

Passion Incubator is a technology incubator and accelerator with expertise in innovation program design and tech investments. It’s long-term goal is to be the most prolific supporter of impactful innovation development, startup incubation and seed stage investment.

Categories
AgTech FoodTech Incubation

Tesco Agri T-Jam 2020 open for entries for agri-tech start-ups

The Tesco Agri T-Jam has partnered with World Agri-Tech to offer seed and early-stage agri-tech innovators from around the world, the opportunity to work with the UK’s leading food retailer and its supply chain partners. Entries are invited until JULY 28 from agri-tech start-ups with innovative breakthrough technologies and solutions to improve supply chain efficiency and sustainability.

Following an in-depth selection process by the Agri T-Jam judging committee, ten finalists will be revealed during the World Agri-Tech Innovation Summit on September 15. At least one start-up will be selected for fast-track introductions and mentoring by the Tesco agriculture team and its supplier network.

“At Tesco, our ambition is to find new products, ideas and technologies that will help us serve our customers, colleagues and communities even better in the future. We want to work with people who have new ideas to help enhance what we do, or how we do things.”

Natalie Smith, Head of Agriculture at Tesco

Tesco is looking for technologies in the following priority areas:

  1. Predictive Farming
  2. Crop Specific Solutions, Shelf Life & Storage
  3. Improving Soil Health & Resilience
  4. Water Quality Analysis & Irrigation
  5. Robotics, Automation & Sensor Technology
  6. Protecting & Supporting Biodiversity
  7. Livestock: Animal Health & Welfare
  8. Supply Chain Efficiency & Waste Reduction
  9. Indoor & Vertical Farming
  10. Operating Remotely

The 2020 Tesco Agri T-Jam Final will be held as a virtual event on Monday October 19 with the judging commitee, supply chain partners and Tesco colleagues. Each finalist will then present again in a showcase webinar promoted to the World Agri-Tech global network, before the winner is revealed.

Roboscientific, a Cambridge-based start-up which uses sensors, ‘Electronic nose’ to detect contamination in agricultural produce was the winner of Tesco TJam Innovation Award for Agriculture 2019. It uses an array of Volatile Organic Compounds that individually respond to the vapours producing a unique response pattern for each separate type of compound or mix of compounds. The technology was at the point of commercialisation for its automatic early disease detection system for growing broiler poultry and early alerts of spoilage in stored potato and onion crops.

The 2018 winner was ImpactVision, a machine learning company, applying hyper-spectral imaging technology to food supply chains to deliver consistent food quality, generate premium products and reduce supply chain waste. The information generated from its technology allows stakeholders across food supply chains to assess product quality in real-time, making decisions that help to achieve superior product consistency, deliver premium quality and prevent supply chain waste

Categories
AgTech Education

A launchpad for international agricultural startups

Innovations that help feed the world have no boundaries, but in Iowa, they do have a hub where they can prosper. That’s why America’s Cultivation Corridor launched the Cultivo Global Ag Innovation Program™. Now, international startup companies and entrepreneurs can visit, learn, and connect with Iowa’s world-renowned agricultural research, academic, and business communities.

Representing a diverse public-private coalition of stakeholders, America’s Cultivation Corridor is among the nation’s foremost cluster-based economic development organizations. The world’s leading agribusinesses have come together with Iowa State University, the Greater Des Moines Partnership, Ames Chamber of Commerce, and a variety of ag and community groups from across the state to establish and guide the organization.

The Cultivo Global Ag Innovation Program is a fantastic opportunity to connect Australian agtech startups with the U.S. Midwest. We are thrilled to participate in this program.”

John Harvey, Managing Director, AgriFutures Australia

The Cultivo Global Ag Innovation Program is a 10-day immersion program that brings agriculture and bioscience startups from around the world to Iowa — America’s Cultivation Corridor. Each 10-day program is tailored to the unique interests of each country, with sessions that feature:

  1. Introduction to the U.S. startup community and entrepreneurial ecosystem
  2. Connection with leading agribusiness executives
  3. Training and mentor support for pitch development
  4. Engagement with Iowa State University, including the ISU Research Park, BioCentury Research Farm, and top industry faculty
  5. Education on the U.S. financial system and regulatory programs
  6. Opportunities to connect with industry-leading farmers and livestock producers
  7. Pathways to introduce their technology in the U.S.
  8. Opportunity to pitch their innovation to funders

The program offers these global entrepreneurs a unique opportunity to engage with Iowa’s agtech startup community, network with ag industry leaders, and collaborate with researchers and farmers. Throughout the experience, participants collaborate with mentors and each other to refine their business pitch, which they present to investors and venture capitalists at the end of the program.

America’s Cultivation Corridor will annually host multiple Cultivo cohorts from around the world. Each cohort will be comprised of approximately 10 startup companies or innovators from a specific country.

Read more about the program at America’s Cultivation Corridor

Categories
AgTech Climate Change

Combating climate change with AgTech and FoodTech

SHAKE Climate Change is a consortium-based programme led by Rothamsted Research. SHAKE helps entrepreneurs and start-ups who are combating climate change with science or tech-based ideas in the areas of agriculture and food production

The £3.5m SHAKE Climate Change Programme has announced its first three ventures to invest in. Energy from manure, a yield boosting nanotech and tools for smarter pest management are the ideas behind three early stage companies selected by the unique fund.

“There has been a lot of publicity recently around the environmental impact especially of eating meat and intensive agricultural crop production – but the contribution of agri-food to our climate footprint is so much more complex and wider than that. It has been really exciting to see that this entrepreneurship support programme has attracted ventures with innovations offering solutions across that wide spectrum.”

Prof. Angela Karp, Interim Director and CEO, Rothamsted Research, World’s Oldest Agricultural Research Institute

They were up against tough competition, but all three of them have displayed great ingenuity in their initial ideas to help reduce the climate impact of food and farming, and they have taken really well to the training and mentorship we have provided so far. The three successful companies, who each receive £140k plus two years of dedicated mentoring and support, are:

  1. EcoNomad Solutions: Offer small-scale solutions for agricultural waste reduction and sustainable resource management. Their biogas and nutrient recovery system is suitable for even the smallest of operations. Other ground-breaking and patented technology by EcoNomad for low-cost solar water pumping and pasteurisation is based solely on passive thermal principles, operating without electricity, solar panels or moving parts of any kind.
  2. Glaia Ltd: Glaia has developed a new class of plant additive called ‘sugar dots’ that can increase photosynthetic efficiency naturally, increasing yields by up to 20 per cent. Sugar-dots are water soluble and can be applied as a foliar spray or within an irrigation system and have been tested on a variety of crops from soft fruit through to wheat and sorghum.
  3. PheroSyn Ltd: Develop pheromones that can be deployed to protect crops and reduce the use of pesticides. Their first products are designed to lure midges that attack wheat, peas and pears away from these crops.

Over the nine-year programme, 15 successful ventures will receive up to a total amount of £140,000 each, plus two years of high-quality training and mentoring from leading experts in business and science, to help further develop their ventures. The programme is funded by the Societe Generale UK Foundation, the independent corporate foundation of Societe Generale Group in the UK.

Read more at Rothamsted Research

Categories
AgTech Incubation

ThincLab Innovation Hub to drive AgTech and Food innovation

South Australian Government’s Department of Primary Industries and Regions SA (PIRSA) has partnered with the University of Adelaide’s ThincLab to establish a unique AgTech incubator at the Loxton Research Centre to foster entrepreneurial thinking and high impact innovation in the region. It will offer a place where entrepreneurs, business startups, existing companies, associations, and students can develop innovations and business models with a view to rapid acceleration to meet market needs.

An AgTech Demonstration Farm is also being launched at the Loxton Research Centre to help show producers in the region the productivity benefits of taking up innovative technology. The first four AgTech suppliers being showcased at the Loxton Demonstration Farm with a crop management focus are: D3Ag, Measurement Engineering Australia (MEA), CropX and Tevatronic.

“ThincLab provides a supportive business environment that drives commercialisation and entrepreneurship opportunities for start-ups, students, staff and like-minded members of the community, helping to foster innovation in South Australia and globally.”

Professor Noel Lindsay, Dean of Business at the University of Adelaide

ThincLab Loxton, housed in PIRSA’s state of the art Loxton Research Centre, is a place where unconventional thinkers can give their ideas an unfair advantage. It’s home to the creative thinkers, the rule-breakers, the challengers. The ones who see the world differently, and for whom ideas are everything and the future is unlimited.

Services offered at ThincLab Loxton will include mentoring, visits from start-ups based at Adelaide and Waite ThincLabs, intensive programs for Riverland start-ups and businesses, 3D printing facilities to assist in prototype development, access to the ThincLab International Program, international ThincLabs, and international investor network, as well as networking functions.

“The agriculture industry is a cornerstone of South Australia’s economy, and being able to establish an AgTech innovation hub in the Riverland will help foster new ideas to improve productivity and grow the sector.”

Tim Whetstone, Minister for Primary Industries and Regional Development

Participants will be provided with desk space for up to two years at the Loxton Research Centre, and mentors will work one-on-one with participants on topics such as business strategy, marketing, and branding. ThincLab Loxton is the fifth ThincLab to be established, joining labs at the University of Adelaide’s North Terrace and Waite campuses, in Singapore, and in Chalôns in France.

Read more at The University of Adelaide.