Over 120 start-up businesses from across the global food and agriculture industries have applied for the Rabobank FoodBytes! competition which takes place at its F&A Next conference in the Netherlands next month (Wageningen University, 17 & 18 May).
NETHERLANDS (April 13, 2017) — The competition, which also runs in the US and Sydney, will see up to 20 agritech start-ups shortlisted from the applications to pitch their businesses to a panel of expert judges and an audience of global food and agri investors.
Prizes for the winning pitches include acceleration programs by ShakeupFactory and Startlife! and introductions to Rabobank’s global network of corporate and retail clients
Previous winners include Dutch agricultural plant performance analysis provider, Phenospex, which is now in discussions with several venture capitalists about new investment, and FreshSurety, a US company that provides real-time freshness reporting technology from producers to the shelf.
The judges for this year’s competition are leading Brazilian famer Bruno Melcher, Bam Kanstein, who was listed by Forbes as a leading provider of support to start-ups, Amir Zaidman, VP of business development at The Kitchen – FoodTech Hub,Shakeup Factory founder, Kevin Camphuis and Manuel Gonzalez, North America Head of Start-Up Innovation, Rabobank
The F&A Next event will also include key note speeches from, among others, Prince Constantijn of the Netherlands, the nation’s start-up envoy, Gerardo Mazzeo, Global Innovation Director at Nestlé and Adam Anders, Managing Partner Anterra Capital.
There have been some significant deals in the agritech start-up sector over the past 12 months including Bayer’s acquisition of AgraQuest for $425 million and BASF’s purchase of Becker Underwood for $1 million.
Jeroen Leffelaar, Managing Director, Large Corporates Food & Agri at Rabobank, said: “As the world adapts to meet the dual challenges of population growth and climate change, innovation in the growth and production of food is critical.
“F&A Next aims to help address these problems, by connecting food and agri start-ups with the support and funding they need to turn their visions into scalable operations that can make a real impact.
“We are excited to welcome the next cohort of competitors at our Netherlands event and to learn more about the future role they will play in helping the world to meet its food supply challenges.”
Investors and food and agri companies interested in attending the conference can register at www.fanext.com.
Rabobank Group is a global financial services leader providing wholesale, rural and retail banking, leasing, and real estate services in more than 40 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $750 billion in assets. In North America, Rabobank is the premier bank to the food, agribusiness and beverage industries, providing sector expertise, strategic counsel and tailored financial solutions to clients across the entire food value chain. We know that sustainability and innovation are critical in promoting a thriving food and ag industry that will feed growing global populations for years to come, which is a key focus our Banking for Food strategy. Additional information is available on our website.
Rick Ambury or Chris Hopper | Rabobank Press Office | firstname.lastname@example.org | +44 (0) 07540 047833