On Tuesday, September 26, global food and agriculture startups took the stage at FoodBytes! Austin to pitch an audience of executives, investors, media and startups.

In addition to pitching and showcasing their businesses, the pitch companies were in the running for:

  1. Judges’ Choice Award, presented to one company by the judges
  2. People’s Choice Award, voted on by the audience
  3. Highly Commended Award, awarded to the top 60-second pitch by the judges

Prizes include an exclusive invite to pitch the industry’s leading C-Suite executives at Rabobank’s invite-only F&A Summit in NYC, along with valuable consulting services and immersive experiences from our family members Holland & Hart, ADM, Hain Celestial/Cultivate Ventures, Fresh Ideas Group and Nucleus Maximus. Learn more about the prizes for each winning pitch company below.

Judging Criteria and Scoring:

Each company was judged on a 4-point scale, 1-point being poor to 5-points  being excellent, no 3 ratings allowed (no middle ground).

 

  • Business Model / Scalability: Company is addressing their revenue model, competitors, how to scale, customer acquisition and cost base.  Company knows its margins and how it can improve as it scales. High growth market opportunity
  • Product / Technology: Product/service has a competitive advantage and high barriers to entry
  • Customers / Traction: Team is on track or building a successful business and is building something that consumers or the industry needs / wants. They understand their consumer or users’ needs. Team has done research to evaluate competitive landscape and has validated a need
  • Sustainability / Social Good: Concept is focused on the triple bottom line: people, profit and planet
  • Innovation & Impact: Concept is a game-changing approach to solving a problem or gap in the market that could have major impact at scale

Prize Breakdown:

Highly Commended Award

  • Legal consultation* with Holland & Hart’s Agriculture & Food or Food & Beverage practices to the value of $3,000 (split among corporate, trademark and regulatory practices)
  • Consultation for PR and brand storytelling from Fresh Ideas Group
  • Branding consultation with the experts at Nucleus Maximus on how best to reach consumers through branding and packaging

People's Choice Award

  • Attend Rabobank’s invite-only Food & Agribusiness Summit at Cipriani Wall Street Thursday, November 30 and Friday, December 1 to pitch (flights, accommodation and transfers to New York included)
  • Attend an Innovation day with ADM’s food and beverage product advisors in Cranbury, New Jersey on Wednesday, November 29
  • Attend a facility tour of Hain Celestial Group, Inc’s worldwide headquarters on Long Island including a behind-the scenes lunch and learn with leading organic and natural, better-for-you products company, on Friday, December 1
  • Legal consultation* with Holland & Hart’s Agriculture & Food or Food & Beverage practices to the value of $3,000 (split among corporate, trademark and regulatory practices)
  • Consultation for PR and brand storytelling from Fresh Ideas Group
  • Branding consultation with the experts at Nucleus Maximus on how best to reach consumers through branding and packaging & branding consultation for presence at Rabobank’s Annual Event

Judges’ Choice Award

  • Attend Rabobank’s invite-only Food & Agribusiness Summit at Cipriani Wall Street Thursday, November 30 and Friday, December 1 to pitch to the audience of leading CEOs & CFOs of leading food & ag companies (flights, accommodation and transfers to New York included)
  • Attend an Innovation day with ADM’s food and beverage product advisors in in Cranbury, New Jersey on Wednesday, November 29
  • Attend a facility tour of Hain Celestial Group, Inc’s worldwide headquarters on Long Island including a behind-the scenes lunch and learn with leading organic and natural, better-for-you products company, on Friday, December 1
  • Legal consultation* with Holland & Hart’s Agriculture & Food or Food & Beverage practices to the value of $3,000 (split among corporate, trademark and regulatory practices)
  • Consultation for PR and brand storytelling from Fresh Ideas Group
  • Branding consultation with the experts at Nucleus Maximus on how best to reach consumers through branding and packaging & branding consultation for presence at Rabobank’s Annual Event

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