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Farm Credit and the American Farm Bureau Federation (AFBF) are sponsoring the 2021 Ag Innovation Challenge – a national competition for food and agriculture entrepreneurs.

 

The Challenge supports startup companies dedicated to creating innovative solutions that address the needs of America's farmers, ranchers and rural communities.

 

This year, Farm Credit and AFBF are looking to highlight entrepreneurs addressing both traditional challenges farmers face on their operation – such as access to labor, optimizing yield and reducing operating costs – as well as entrepreneurs addressing new challenges facing farmers and rural communities due to COVID-19.

 

The Challenge application is open through July 31, and the top ten businesses will compete live for a total of $145,000 in startup funds at the 2021 AFBF Annual Convention in San Diego, Jan. 8-10, 2021.

 

Visit fb.org/challenge to learn more and apply.

 

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Farm Credit supports rural communities and agriculture with reliable, consistent credit and financial services, today and tomorrow. As a nationwide network of member-owned cooperatives, each of the 72 independent financial institutions serve the U.S. farmers and ranchers, farmer-owned cooperatives and other agribusinesses, rural homebuyers, and rural infrastructure across all 50 states and Puerto Rico. For more than 100 years, Farm Credit has fulfilled its mission through challenging and prosperous times.

 

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