Agricultural News
Feeding Innovation: Beef Alliance Startup Challenge
Tue, 31 May 2022 09:34:43 CDT
Cattle Feeding 101 Virtual Event
On Friday, June 17, 2022, the Beef Alliance will host a virtual event for innovators, investors and interested university collaborators. This event will allow participants to hear directly from members of the Beef Alliance about challenges they face related to sustainability. Moreover, this event will serve as an opportunity for interested firms to learn more about the 2022 Startup Challenge.
The agenda will be as follows: Introduction to the Beef Alliance and Cattle Feeding Industry, the Cattle Feeding Business & the Role of Sustainability, Animal Health & Well-being, Nutrition & Cattle Management, and Wrap-up & Questions.
To request a link for the event, or a recording of the link if you cannot attend the live, virtual event, please email Jessica.Burkham@beefalliance.com. Be sure to include: Company Name and contact information as well as identify if your firm is a startup interested in the 2022 Startup Challenge or if you are an investor, university innovator, or press.
About the Startup Challenge
Rather than waiting for solutions to support cattle feeding to come forward, the Beef Alliance is seeking to support, encourage and drive innovation to help ensure a sustainable cattle feeding segment. The Beef Alliance Startup Challenge is a one-of-a-kind opportunity for the creators of technology (startups) to engage directly with the customers of technology (feedyards) to put high impact solutions to work.
Companies that meet the eligibility criteria with any product for cattle feedyards are eligible to apply, though preference will be given to solutions in the following areas: Greenhouse Gas Emission Reduction, Natural Resource Management, Animal Welfare and Health, Improvement in Operational Efficiency, and Animal Nutrition and Production Efficiency.
Click Here to see Startup Challenge Terms.
Benefits of Participating
If you're a startup and still considering whether to apply or not. Here are the top 5 reasons to throw your hat in the ring for the 2022 Beef Alliance Startup Challenge:
5. Win $50,000 cash to accelerate your company's development.
4. Potential for a pilot with a Beef Alliance member company.
3. Engage with potential strategic investors.
2. Gather meaningful feedback directly from target users.
And the number one reason to participate:
1. Pitch directly to your target customers, the decision makers representing 25% of cattle on feed in the United States.
How to Enter
Applications for the 2022 Startup Challenge will open on June 17, 2022 and will close on August 17, 2022.
Entrants must have a novel solution with a clear value proposition to address cattle feeding challenges. Specifically, for 2022, the Beef Alliance is seeking innovation and technologies that can help cattle feeders enhance sustainability in feedyard operations and meet industry sustainability goals.
Entrants must be the majority owners of the company and must be for profit. Eligible companies can be at any development stage from pre-revenue to in market. If in market, companies may be generating up to $5 million* recurring revenue.
If selected as a finalist, the entrant must be available to present the company in a 10-minute pitch and 10-minute question and answer session at the virtual pitch event to be held in early September 2022.
To read more about the Beef Startup Challenge from the Beef Alliance, Click Here.
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