Agrifood technology includes everything from aquaculture to crop monitoring to indoor production to food ingredients. There are certain areas of agrifood tech that get more investment (eg: drone based precision ag) than others. We're glad to see those areas attracting attention, but we're concerned that other areas continue to be severely underinvested in. As such, we're working with partners to hone in on specific opportunities and incentivize innovation in those spaces.
Reach out if you're interested in getting involved in an ongoing Challenge, or if you've got ideas for the next Challenge area.
To commemorate National Ag Day 2020, the United Soybean Board and the Yield Lab Institute have announced the Soy Innovation Challenge. We have brought on Amazon Web Services and Syngenta as sponsors and partners of the Soy Innovation Challenge. Read about their sponsorships here.
This non-dilutive startup accelerator program identifies innovative soybean value chain-based product solutions and supports the most promising ones with business coaching, and entrepreneurial networking. Out of a worldwide applicant pool of 89, we selected a final cohort of 7 applicants to participate in the Soy Innovation Challenge. You can read about the finalists in the official press release here.
Join us on December 7th, 2020 at 10 AM CST/11 AM EST/4 PM GMT for the Kickoff Event. Watch the 7 finalists pitch their innovative solutions and 2 fantastic panels, one featuring telecommunications leaders discussing 5G/Interconnectivity on the Farm and the other panel featuring the United Soybean Board and the farmer perspective on innovation and digital platforms.
Aquaculture is the fastest growing segment of the food industry, but it is also the animal protein supply chain that causes retailers the most headaches with unreliable, untraceable farming practices employed across Asia and other regions. If agriculture and food is the last trillion-dollar industry in need of technology innovation, aquaculture is potentially the neediest recipient of investment dollars.
Most industry experts predict that aquaculture will change beyond recognition in the next decade. The United Nations’ Food and Agriculture Organization and scientists who wrote the EAT-Lancet report say aquaculture is one of the most efficient ways to supply more protein because fish converts feed more efficiently than terrestrial animals.
Technology and innovation are required to improve aquaculture management systems and supply chains. We offer to up to 10 selected innovators and/or startups a 7-month accelerator program. As part of the Challenge, we will provide successful applicants access to relevant subject matter expertise mentorship in order to hone their solutions ahead of the final pitch for cash prizes.
More information is available at
When manure is not managed properly, it can be a costly liability for farmers and increase reputation and regulatory risks for farming communities. Today, a number of innovative manure management approaches are popping up around the US and other countries. However, adoption of these technologies is low. In order for these technologies to scale, a larger portion of dairy producers to be incentivized to engage.
The Yield Lab Institute joined forces with Cargill, The Maschhoffs, WeWork Food Labs, Newtrient, Dairy Farmers of America, and our environmental advisory partner, World Wildlife Fund to organize a startup competition for solution providers that market manure-based products (including services). Through this competition, we seek to advance the manure-based product market by selecting a group of solution providers and guiding them through a commercialization curriculum coupled with mentor ship and introduction to sources of capital.
The final event for the Manure Innovation Challenge was held virtually on June 2nd at 8 am PST/11 am EST. Eight international startups, each with a solution to capture value from manure-based by-products, pitched their innovations to a live, worldwide digital audience of agtech stakeholders. And the winner of the $50k non-dilutive prize was:
Congratulations to Digested Organics for winning the $50k non-dilutive prize! If you would like access to the recording of the virtual pitch event:
Interested in learning more about the Manure Challenge, the Yield Lab Institute and our initiatives?
Contact Brandon Day at .
More information is available at The Manure Innovation Challenge