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The Grow-NY competition is for startups with growth potential in food and agriculture.
Applicants must be an established business entity in the food, beverage, and/or agriculture space. This includes food and agriculture companies at every point in the agri-food value chain that are working to serve a growing population, while striving to employ sustainable, environmentally conscious, and/or healthy methods. Examples of food and agriculture startups include, but are not limited to, companies that:
Research and design new crop varieties
Offer new methods and/or tools to support the efficient growing, monitoring, and harvesting of crops and livestock
Offer new and/or improved methods for producing, preparing, and packaging food and beverage products or ingredients
Represent high-growth opportunities for new and innovative food and beverage products or ingredients
All applications will be reviewed according to these criteria
Viability of Commercialization and Business Model
Generation of revenue and maintenance of a cost structure that allows for a competitive and sustainable business; demonstrated readiness of the applicant’s technology or innovation to fulfill its needed value proposition
Provision of significant value for customers for which they are willing to pay; addressing a substantial market
Food and Agriculture Innovation
Pushing the state-of-the-art in food and agriculture and contributing to making Upstate NY a global leader in food and agriculture innovation
Regional Job Creation
Potential for creation of high-quality jobs in the Grow-NY Region and relevance to the existing food and ag ecosystem.
Demonstration of a level of cohesion, completeness, and readiness within, and diversity and inclusion amongst the founders, employees, and advisors of the business that will allow the team to deliver on its potential.