The THRIVE Climate-Smart Agriculture Challenge aims to identify and support top start-up and scale-up innovators driving the global transformation to climate-smart agriculture practices. The challenge aligns with Shell’s Powering Progress strategy and the U.N.’s Sustainable Development Goals.THRIVE is the #1 Agtech Accelerator and the most active agtech investor in the world. We are committed to advancing the future of food and agriculture through innovation, and we provide startups with investment, access to our corporate and farmer network, expert mentorship and advice, and phenomenal exposure through our THRIVE | Forbes Demo Day at the annual Forbes AgTech Summit.
WORTH
- INVESTMENT: We provide companies with an investment of $100,000 ($50k cash investment and $50k in program value) for 5% equity. In some cases, we make follow-on investments.
- MENTORSHIP: We pair each startup with expert mentors and advisors from our global mentor network.
- COACHING: We provide companies with invaluable business coaching covering pitch development and delivery, sales and marketing, investment, legal guidance, global expansion, and more.
- ENGAGEMENT WITH CORPORATES: We provide startups direct access to some of the largest food and agriculture corporates to initiate product testing, commercialization, and acquisition.
- FORBES AGTECH SUMMIT: Our startups get to pitch at Demo Day at the Forbes AgTech Summit, set up their own demo table at the Innovation Showcase, and receive tickets to attend the two-day event.
ELIGIBILITY
- THRIVE is looking for focused, well-rounded companies with great teams, disruptive ideas, and the ability to execute.
- We will identify approximately 30 companies from our global applicant pool to pitch to our team and corporate partners.
- A total of eight companies will then be selected to participate in our THRIVE Accelerator Cohort. Team, technology, traction, and total addressable market are key criteria for selection.
DEADLINE:December 11, 2022
To apply and for more information visit here
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