Shropshire Star

£250,000 for farming entrepreneurs

Agricultural entrepreneurs are being given the chance to bid for a share of a £250,000 fund in a Dragon's Den style competition.

Published

The scheme, run by Co-operative Food and publishing group Briefing Media Agriculture, invites people with ground-breaking business ideas in farming to pitch for a share of the investment.

All finalists will also get a £5,000 media promotional package, as well as on-going support from the judging panel.

Applicants must be received by July 7. Those shortlisted will be invited to an interview and finalists will pitch to an expert panel in September.

Neil Thackray, chief executive and co-founder of Briefing Media, said businesses could include software companies, phone app developers or systems suppliers.

"You could be using farm data, mapping or weather information in an innovative way," he said.

"You might even have a product already launched or be in the process of prototyping. Whatever stage you are at we want to help you achieve your goals.”

Will Jackson, agricultural manager of Co-op Food, said: “We are committed to supporting UK farming, and see our role as fundamental to helping embrace, nurture and develop the ideas generated.”

"We are looking for entrepreneurs, farmers or students with a great product or concept which could help farmers."

For more information see the website: www.aginnovationden.com