AgriNovus Indiana launches Innovation Challenge to inspire tech to make carbon markets more accessible to farmers
INDIANAPOLIS (June 23, 2021) — AgriNovus Indiana, the initiative to advance Indiana’s agbioscience economy, launched a $25,000 innovation challenge today for the tech community to solve a critical data gap that prevents farmers from participating in Carbon markets, where companies purchase credits from farming operations that sequester Carbon. Presented by the Indiana Corn Marketing Council and Indiana Soybean Alliance, the 2021 Producer-Led Innovation Challenge seeks to inspire innovators to create software to make it faster for farmers to aggregate the complex multi-year, multi-source data sets required to participate in Carbon markets. “Carbon markets are emerging as an opportunity to increase net farm income by paying Producers for stewardship of the land,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “The Producer-Led Innovation Challenge empowers innovators with a Producer view of the current Carbon market challenge and provides a $25,000 grand [...]
