Business may be winding down for the year, but it’s never too early to start planning for 2020. If that includes applying to a startup accelerator, there are a few programs to note this month either taking applications right now or in the very near future.
January normally brings a slew of new announcements and application deadlines, so be sure to check back next month for more details, dates, and programs geared towards food-focused startup growth.
Remote/New York, NY
FutureFoodCo works with companies moving from early-product-market phase to early-majority stage (that is, having some mainstream appeal). Focus areas include CPGs, plant-based food (including seafood), agtech, and reducing food waste.
Four to six companies are chosen for each four-month-long cohort. Participants get mentorship opportunities as well as $10,000 and lifelong access to the FutureFoodCo network. Chosen startups don’t have to relocate to NYC but should expect to travel there at points during the program.
Applications are open until December 15, 2019.
TechStars Farm to Fork
Minneapolis-St. Paul, Minnesota
TechStars Farm to Fork accelerator works specifically with companies using technical and digital means to change parts of the food system, from agriculture to supply change to curbing food waste. It counts Renewal Mill, Spoonshot, and EIO Diagnostics among its alumni.
Relocation is a requirement for this one. The program, which TechStars does in partnership with Cargill and Ecolab, is based in the Minneapolis-St. Paul area, and participants are expected to be there for the three-month-long period. TechStars provides workspace, along with mentorship and networking opportunities, access to potential investors, and a $100,000 convertible note.
Applications open on January 6, 2020.
Remote/San Francisco, CA
Terra is a joint effort by startup network RocketSpace and food- and agriculture financing company Rabobank. The program accepts companies up and down the food chain, whether you’re a CPG, agtech startup, or creating sustainable packaging.
At minimum, applicants should be in the seed to Series B stage, have a product, service, or technology already in the market, and have the ability to travel to San Francisco for the program kickoff and Demo Day. Participants spend roughly one month ideating on a pilot and four months executing that pilot, though actual time commitment is determined on a case by case basis with each startup.
Applications typically open in January. Stay tuned for specific dates.