The Northwest Tennessee Entrepreneur Center and Memphis Bioworks Foundation are collaborating to launch an agriculture innovation accelerator this summer.
The goal of the program will be to help launch and grow new agricultural businesses. It will be a cohort-based business accelerator that leverages the strength of the nine counties served by The Northwest Tennessee Entrepreneur Center that have significant assets related to agricultural crop production, livestock, and logistics. For the new program, up to eight companies will be chosen to go through a six-month round of business instruction and mentorship, and at the end, they’ll pitch their business plans to a group of investors.
The accelerator is open to individuals and teams with an idea for a new company as well as existing companies that are working on developing a new technology or innovation. The program will support entrepreneurs commercializing a range of agriculture-related technologies, things like precision agriculture and software, grain handling and storage, food processing, food safety, software, app development, livestock reproduction and nutrition and more.