We are proud to be awarding two prizes for the second year at Ag Innovation Showcase: People’s Choice Prize and Larta’s Ideas, energized prize.
Benchmarks for winning the prizes
The Ideas, energized Prize is awarded to the presenting company with the most innovative technology and market-worthy innovation. The prize comes with a cash award and one year of commercialization assistance from Larta Institute.
Entrepreneurs are assessed by a panel from the Ag Innovation Showcase Advisory Committee in four categories:
- Novelty of innovation
- Commercial potential
- Potential to disrupt their market
One presenting company will also be selected by an audience of their peers for the People’s Choice Award. The People’s Choice award comes with one year of commercialization assistance from Larta Institute
Past Winner Ideas, energized prize XTB Laboratories, 2016.
Past Winner People’s Choice prize, Crop Enhancement, 2016.
The winners for both the “Ideas, energized” Prize and the People’s Choice Award will be announced at lunch on the last day of the Showcase.
Every year the Ag Innovation Showcase selects the most innovative and promising companies working in the Ag sector to present their technologies to our Showcase audience. Past presenting companies have gone on to achieve great commercial success. Over the past 9 years, presenters have raised $510M in funding, found new investor leads, built new partnerships, attracted new talent and been acquired by some of the biggest names in Ag. Below are several recent highlights from the 2016 Ag Innovation Showcase presenting companies. Read more about the achievements of these and other Ag Showcase alumni success stories.
Arable, the startup that looks to reduce supply chain risk by providing the Ag industry with efficient, predictive analytics of crop production from growth to final yield, has raised $4.2M in a round of Series A funding.
Ignitia,a subscription-based app to forecast rain and provide other weather services to farmers in the tropics to grow crops more reliably, won a $100K social entrepreneurship grant at the Expo 2020 Dubai.
Crop Enhancement Inc., an innovator of sustainable agrochemical formulations to improve yields, minimize pesticide use and deliver nutrients and other inputs, appointed Damian A. Hajduk, Ph.D., VP of research and development to expand the range of applications for the company’s breakthrough technology.
Bitwater Farms designs and develops equipment to optimize production performance and builds hardware and software for insect farms has been exploring the role of artificial intelligence to improve their subsector of food and agriculture.
One year ago XTB Laboratories Inc., a startup launching a new diagnostic test for diseases in commodity crops, like citrus greening, won the Ag Innovation Showcase “Ideas, Energized” award. Davis launched the company in early 2016 after finding that citrus greening had been affecting millions of trees since its discovery in 2004.
An ongoing discussion about the interface of science, public opinion, and public policy
Over the years, Ag Innovation Showcase has curated discussions about gene and genome editing technologies as important tools for feeding the planet, exploring both the promise of innovative technologies and the challenges of engaging effectively with the consumer to reach consensus about the problems these technologies can help solve. A panel in 2016 explored lessons learned regarding engaging with stakeholders beyond the ag innovation community to build coalitions and develop the “social license” to implement emerging genome editing technologies.
Presenters at this year’s Ag Innovation Showcase in St Louis (see table below) were selected from among more than 60 innovative early stage food and agriculture companies. Many of the presenting companies base their innovations on the use of (big) data.
During roundtable discussions at the recent Ag Innovation Showcase in Davis, participants expressed both caution and excitement about the future of diverse areas of food and agriculture innovation including: animal health and production, drones and robotics, food and beverage processing, and water management innovation.