The Bluegrass AgTech Development Corp is shaping the future of agriculture in Kentucky. We are building an innovation ecosystem for farmers, entrepreneurs and investors by expanding economic opportunities to ag-tech entrepreneurs and startups.
Our Challenge Grant program is designed to attract ag-tech businesses to the commonwealth by offering incentive funding and valuable resources to help them develop and market their technologies to investors and customers. The program will help advance technologies, products or services that have great potential to impact food and agriculture in Kentucky and beyond.
Applications will open on November 15, 2023, and all finished applications and supporting materials must be submitted by March 1, 2024. A panel of judges will then review all applications and select finalists who may be asked to provide supplemental information such as financial statements, records, and projections. Selected grant recipients will be announced no later than [TBD].
The program is open to registered, for-profit businesses currently located in or willing to establish a presence in Kentucky, with an emphasis on startups and early-stage businesses. A portion of the program’s funding is allocated specifically for businesses in Lexington-Fayette County, Kentucky. For full eligibility information, please see Terms of Use at https://bluegrassagtech.org/apply/.
Applicants must address a critical challenge that has the potential to improve the profitability, sustainability, and/or resiliency of Kentucky’s agricultural and food economy. Proposed projects must align with at least one of the following 5 Challenge Focus Areas:
Applicants will be judged on a number of criteria including but not limited to:
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