Rabobank Announces FoodBytes! Boulder Award Winners

Mad Agriculture, The Honest Stand and FarmRaiser take home top prizes during event

 

BOULDER, Colo. (Oct. 27, 2016) — Rabobank, a premier global food and agribusiness bank, has announced that Mad Agriculture, The Honest Stand and FarmRaiser have been awarded the top prizes during FoodBytes! Boulder, a pitch competition meets networking event that brings food, agribusiness and tech startups together with investors, executives and industry leaders.

After having received over 150 applications from around the world, 20 companies were selected to compete for three esteemed awards – the Judges’ Choice Award, the Peoples’ Choice Award and the Highly Commended Award – which took place at the University of Colorado Boulder at Folsom Fields’ Byron R. White Club.

“In our industry, growth is spurred from innovation,” said Manuel Gonzalez, North America Head of Startup Innovation, Rabobank. “I truly believe that the visionary companies here at FoodBytes! Boulder are the solution-seekers who will positively transform the food and agriculture sector over the coming years.”

Judges’ Choice Award: Mad Agriculture
From the impressive ten pitch company finalists, the esteemed panel of FoodBytes! Boulder judges were tasked with selecting the company they felt best demonstrated industry creativity, sustainable practices, growth potential and social innovation. Boulder-based company, Mad Agriculture, took home the honor. Mad Agriculture harnesses the nutrient recycling abilities of insects to turn food waste into a protein rich feed supplement, lessening dependence on unsustainable ingredients like fishmeal and soy. “Two years ago, we saw an obvious need for a solution to two growing problems – food waste, and the increasing cost of feed for farmers,” said Mad Agriculture co-founder and Boulder local Phil Taylor. “Receiving the Judges’ Choice Award at FoodBytes! Boulder – from some of the leading minds in food and agriculture – confirms that the need is real, and we’re thrilled to use this platform to further our work.”

As the Judges’ Choice Award winner, Mad Agriculture will receive:

  • Official invitation to attend Rabobank’s Client Appreciation Events at Cipriani Wall Street in December to pitch to the audience of C-Suite executives from leading F&A companies (flights and accommodation to New York included)
  • Legal consultation with Holland & Hart with members of their Agriculture & Food or Food & Beverage practices
  • Branding consultation with the experts at Nucleus Maximus, focusing on how best to reach consumers through branding and packaging
  • Consultation with Force Brands on how to effectively recruit and build your team

People’s Choice Award: The Honest Stand
FoodBytes! attendees were able to get in on the judging too, choosing The Honest Stand as the People’s Choice Award winner. The Honest Stand, founded in Denver, is a gourmet food company that uses whole foods that are non-genetically modified to produce gourmet products that are Vegan, Gluten Free, Paleo, Soy Free, Yeast Free and Cholesterol Free. “Being named FoodBytes! Boulder Peoples’ Choice is an amazing recognition, by both our peers and some of the most influential people in our industry. The Honest Stand operates on the notion that delicious, gourmet food can actually be good for you, too, and we’re excited to continue bringing that message to the masses,” said founder Alexandra Carone.

As the People’s Choice Award winner, The Honest Stand will receive:

  • Official invitation to attend Rabobank’s Client Appreciation Events at Cipriani Wall Street in December to pitch to the audience of C-Suite executives from leading F&A companies (flights and accommodation to New York included)
  • Legal consultation with Holland & Hart with members of their Agriculture & Food or Food & Beverage practices
  • Branding consultation with the experts at Nucleus Maximus, focusing on how best to reach consumers through branding and packaging
  • Consultation with Force Brands on how to effectively recruit and build your team

Highly Commended Award: FarmRaiser
The Highly Commended Award is reserved for one of the talented 60-second pitch companies, and was awarded to FarmRaiser. FarmRaiser, a healthful take on the traditional bake sale, partners with local farmers and artisans to bring healthy, local food offerings to communities and students. “FarmRaiser’s goal is to help communities raise funds for important programs, by supporting the local food economy, with the ultimate goal of fostering a healthier next generation,” said FarmRaiser founder Mark Abbott. “Recognition at an event like FoodBytes! Boulder is so important – it helps us get our mission in front of a hugely influential audience.”

As the Highly Commended Award winner, FarmRaiser will receive:

  • Legal consultation with Holland & Hart with members of their Agriculture & Food or Food & Beverage practices
  • Branding consultation with the experts at Nucleus Maximus, focusing on how best to reach consumers through branding and packaging
  • Consultation with Force Brands on how to effectively recruit and build your team

Rabobank presented FoodBytes! Boulder in partnership with Food + Tech Connect and SF New TechWhole Foods is the Presenting Sponsor for the 2016 FoodBytes! events, which in addition to Boulder, took place in San Francisco in June and Brooklyn in March. Official sponsors Holland & Hart and Archer Daniels Midland (ADM) played an integral role in the development of the event and mentorship of the demo companies. Branding gurus Nucleus Maximus and investment experts Boulder Food Group brought a local perspective as Boulder sponsors, along with local-favorites Westrock Coffee Company and Boulder Beer Company.

The finalist demo companies that presented during FoodBytes! Boulder included Biotech Services Senegal, FreshSurety, The Food Corridor, The Honest Stand, Mad Agriculture, N-CHROMA, One Hop Kitchen, Phenospex, ProveIt and Regrained.

The event also featured 60-second pitches from ten companies – a group that was hand-selected to open FoodBytes! Boulder. These companies included Alfrea, Algama, Alpine Start Foods, Anti-grain Foods, Cowlar, FarmRaiser, FROST’D, Good Spread, Urban Organic Veggie and Vive Organic.

Rabobank will be announcing the 2017 dates and locations later in the year.

 

About Rabobank
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.

Media Contact
Glenda Catron | Fresh Ideas Group | glenda@freshideasgroup.com | (970) 219-0924

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