Global Incubator Programme: Gateway to Australia - AgriTech

Innovate UK seeks up to 8 companies with expertise in AgriTech to participate in a Global Incubator Programme in Australia.

Opportunity Details

When

Registration Opens

11/06/2024

Registration Closes

04/08/2024

Award

Innovate UK will fund and organise flights, accommodation, in-market transfers for successful applicants for two group market visits. One representative from each company will be funded per visit. Also includes training, support, mentoring, pitching opportunities, networking opportunities and more.

Organisation

Innovate UK

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Innovate UK’s Global Incubator Programme is an acceleration programme for innovative businesses to work with worldleading incubators abroad. We are currently accepting applications for up to 8 innovative companies in the Agri-Tech sector to join our programme with Farmers2Founders and GROW in Australia. This initiative will be delivered virtually with two market visits.

We would welcome applications from innovative companies with expertise in the following focus areas:

  • Resource use, efficiency and management systems across arable livestock and horticulture
  • Water management/irrigation and fertigation
  • Gene editing to achieve resilience and efficiency
  • Livestock nutrition, health and genomics – managing rumen and cutting enteric methane production
  • Land and soil management and cultivation strategy
  • Robotics, AI and sensor tech
  • Regenerative/climate smart agricultural systems and carbon capture and storage tech
  • Controlled environment agriculture
  • Waste reduction systems (crop and livestock)

Download a flyer with further information.

  • To apply for this programme you must:

    • Be the CEO, founder, or senior decision maker in a UK based company
    • Be a business with fewer than 250 employees
    • Have a focus on Agri-Tech
  • The three stages of the programme are as follows:

    Prepare

    A two-day preparation workshop delivered to the entire cohort in the UK. You will be allocated an Innovate UK innovation and growth specialist to work with in the UK who will work with you on your strategic action plan for the programme. You will receive an overview of the innovation and sector landscape of the country’s market, a full briefing on the programme and working with the incubator, and support to better present your business and the value proposition.

    Pursue

    This 4-6 months stage of the programme is about working with the incubator.  A typical programme will see a visit to the market at the beginning, providing the opportunity to consider technology and market fit, preliminary customer validation and an introduction to ecosystem players.  This will be followed by regular (weekly or fortnightly) virtual sessions with the incubator team, mentors, and experts, to do a deep dive into understanding what it takes to be successful in accessing the market.  The final part is a second visit to the market, including a demo day to showcase the achievements of the cohort, continuing to raise the profile and make connections for the businesses involved.

    Exploit

    Work with your innovation & growth specialist to continue to exploit the programme, building on all the connections, knowledge, and expertise gained.  You should now be in a much better position with the necessary understanding and networks to accelerate your global growth and scaling journey.

    • Connections and network: Introductions and engagement with network of mentors and industry partners in Australia; including connections to a national network of producers, research teams, and industry experts.
    • Coaching and Resources: 1:1 dedicated support and access to trusted professional service providers to help fast-track expansion into Australia.
    • Masterclasses, workshops and panel speakers: Online group learning insight sessions.
    • Pitching opportunities: Access to investor, corporate and strategic partner networks in Australia.
    • Innovation community: Plug into the Australian Agri-Tech ecosystem and engage with fellow entrepreneurs and events.
    • Local support: Access to a national support team in Australia.
    • Market visits: Two funded market visits to Australia are planned as part of this initiative. This includes the opportunity to engage and connect with leaders, farmers, innovators, researchers, universities, corporates, government and investors at Evoke Ag in February 2025: Asia Pacific’s premier Agrifood tech event.
  • The adoption of technology presents a significant opportunity for Australian agriculture to improve profitability, with digital technologies alone predicted to increase GVP by 25% to over $20 billion. Australia’s agriculture industry is on track to be a $100 billion industry by 2030, creating a perfect launchpad for UK businesses to connect, collaborate and scale in a diverse and rapidly growing market.

  • Register for the applicant briefing event on 2nd July 2024 here

    Applications close: 4th August 2024

    Virtual sessions start: 16th September 2024

    First market visit: 14th – 23rd November 2024

    Second market visit: 13th – 22nd February 2025

     

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