Ag & Food-Tech
Consumer demand for sustainable products, coupled with the desire to understand where those products come from, has created the need for technological advancements in the agricultural value chain.
Rural economies nationwide and around the globe are struggling to maintain their local food systems and reduce their dependence on fossil fuels, especially as extreme weather events become more prevalent. Vermont is a leader in the incubation and development of forward thinking food and energy businesses and is making a concerted effort to attract the next generation of climate friendly businesses to the state.
Consider some of the challenges and opportunities that we face in Vermont that are also applicable throughout the world:
Who should apply?
Entrepreneurs participating in Accel-VT come from Vermont and around the U.S. and Canada, typically at a startup or seed stage of development. Companies with at least two team members, demonstrated market adoption in the form of a pilot or paying customer and some level of investment or grant other than founder capital are encouraged to apply.
Accel-VT cohort members will be selected based on their ability to use technology to help solve pressing agriculture and food system issues facing society. Participants are guided through a program designed by ecosVC to combine their Lens of the Market curriculum with VIRAL™ accelerator modules from Village Capital. The program is designed to test assumptions, expose and remediate business vulnerabilities, prepare for investment, and provide a platform for rapid scale.
The accelerator consists of three separate, four-day, on-site “sprints”, in the Burlington area (at the Ben & Jerry’s Ice Cream administrative office), with homework and webinars in between. As a result of our generous sponsors and partners, accommodations and meals will be provided at no cost. Cohort members provide their own transportation to and from Vermont for the three on-site sprints.
DID YOU KNOW?
Accel-VT offers cohort members more than 35 hours of time with mentors, investors and potential customers?