Ag Innovation Challenge offers startup funds for entrepreneurs
The competition provides an opportunity for individuals to showcase ideas and business innovations in agriculture. This is the fifth year of the challenge, formerly known as the Rural Entrepreneurship Challenge. It is the first national business competition focused exclusively on rural entrepreneurs launching food and agriculture businesses. Competitors are invited to submit for-profit business ideas related to food and agriculture online by Sept. 24. “Farm Bureau is proud to carry on our long tradition of strengthening the communities we live and farm in by encouraging new businesses across rural America,” said AFBF President Zippy Duvall. “Starting a business takes faith, courage and creativity, but rural entrepreneurs face added challenges including limited access to broadband, high transportation costs and a lack of access to business networks. Startup funds provided through the Challenge will help entrepreneurs working in food and agriculture take their businesses to the next level.” Ten semifinalist teams will be announced Nov. 9 and awarded $10,000. The final four teams (selected from the 10 semifinalist teams) will be announced Dec. 5 and 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 Jan. 13. The final four teams will compete to win: Rural entrepreneurs with businesses in the following categories are encouraged to apply: Entrepreneurs must be Farm Bureau members to compete. Applicants who are not Farm Bureau members have until Nov. 5 to join. Visit to learn about becoming a member. Detailed eligibility guidelines, the competition timeline and profiles of past challenge winners are available at the Challenge website. Ag Innovation Challenge offers startup funds for entrepreneurs
Timeline and prizes