The American Farm Bureau Federation and Farm Credit are looking for entrepreneurs to apply online for the 2023 American Farm Bureau Ag Innovation Challenge.
This national business competition, now in its ninth year, showcases U.S. startup companies developing innovative solutions to challenges faced by America’s farmers, ranchers, and rural communities.
Farm Bureau is offering $165,000 in startup funds throughout the competition.
The deadline is extended until May 13.
The ten semifinalist teams get announced on September 13.
Each semifinalist team gets $10,000 and a chance to compete to advance to the final round.
The final four teams compete to win the Farm Bureau Ag Innovation Challenge Award, worth a total of $50,000, the Ag Innovation Challenge Runner-up Award for a total of $20,000, and all of the ten semifinalists compete for the People’s Choice Award.
Examples of past challenge winners as well as eligibility guidelines and the competition timeline are at fb.org/challenge.
