New research defines critical areas of focus for innovation to eliminate food insecurity, launches HungerTech Innovation Challenge

2024-03-06T12:33:54-05:00March 6, 2024|

HungerTech Innovation Challenge to focus on developing tech models that increase equitable food distribution, environmental sustainability and economic viability INDIANAPOLIS — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, released new secondary research today identifying the need for market-driven technologies that ensure increased and equitable food distribution to eliminate hunger. The study was conducted by Purdue University student, Tushar Sonvani, to inform the scope of the 2024 HungerTech Innovation Challenge that tasks innovators with creating and implementing tech-enabled business solutions that connect food supply with food demand. A winning solution will receive $25,000 to help accelerate commercialization of their solution. “Combatting food insecurity requires a portfolio of solutions, and it’s clear that innovation presents tremendous opportunity to unlock new ability to better connect food supply with food demand,” said Mitch Frazier, president and CEO of AgriNovus Indiana. Entitled Addressing [...]

AgriNovus Indiana names new board leadership, welcomes new directors

2024-02-21T15:20:04-05:00February 21, 2024|

INDIANAPOLIS — AgriNovus Indiana, a nonprofit coalition focused on growing Indiana’s agbioscience economy, announced today that Dr. Karen Plaut, executive vice president of research at Purdue University, will serve as chair of the organization’s board of directors. The board also unanimously approved Trent Torrance, chief operating officer at United Animal Health, as its vice chair and the appointment of Courtney Kingery, CEO of Indiana Corn Marketing Council and Indiana Soybean Alliance, to the executive committee. Dr. Jose Simas, executive vice president, U.S. Farm Animal Business at Elanco was approved as a succession to replace an outgoing director. “Indiana’s agbioscience economy continues to record growth and strength thanks to the direction and support of the AgriNovus board of directors,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “The addition of these experts to our Board brings even more leadership and [...]

AgriNovus Indiana announces winners of Producer-Led Innovation Challenge, awards over $30K to advance agtech

2023-12-13T14:49:16-05:00December 12, 2023|

INDIANAPOLIS — AgriNovus Indiana, a non-profit focused on growing Indiana’s agbioscience economy, announced today that FiberX of Hammond, Ind. has won the Producer-Led Innovation Challenge, awarding them $25,000 to advance commercialization of their solution. In partnership with the Indiana Corn Marketing Council and Indiana Soybean Alliance, the Producer-Led Innovation Challenge tasked companies, entrepreneurs, students and innovators with creating new revenue streams from current on-farm processes to increase efficiency and return on investment for producers’ operations. “Agriculture is the only economy in the world that touches every person on the planet, because it centers on food,” said Mitch Frazier, president and CEO of AgriNovus. “This challenge sought to identify new innovations that enable farmers to generate additional revenue streams while simultaneously meeting the growing global demand for a sustainable food system.” FiberX works with corn growers to source and convert corn [...]

AgriNovus Indiana announces Producer-Led Innovation Challenge to advance tech that improves net farm income

2023-09-20T08:53:43-04:00September 20, 2023|

Companies, students, startups, academics and innovators to compete for $25,000 grand prize; Registration ends September 30 INDIANAPOLIS, IN — AgriNovus Indiana, a non-profit focused on growing Indiana’s agbioscience economy, launched a challenge today to inspire innovation that creates new revenue streams from current on-farm processes to increase efficiency and return on investment for producers’ operations. In partnership with the Indiana Corn Marketing Council and Indiana Soybean Alliance, the Producer-Led Innovation Challenge is a seven-week accelerator that creates an opportunity for companies, entrepreneurs, students and innovators to compete for a $25,000 grand prize by developing technology to create and access new sources of on-farm profitability rooted in existing workflows. “Farmers are entrepreneurs by definition,” said Mitch Frazier, president and CEO of AgriNovus. “The Producer-Led Innovation Challenge provides a unique opportunity for farmers and tech innovators to come together, identify a challenge [...]

New study shows Indiana as emerging agtech innovation hub

2023-09-18T01:06:01-04:00September 14, 2023|

AgriNovus Indiana-commissioned study identifies opportunity to unite state's strengths in agbioscience, tech  INDIANAPOLIS — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, released new research today showing Indiana as an emerging hub for agtech innovation due to its strengths in agriculture and technology. Conducted by TEConomy Partners, the study entitled The Intersection of Agbioscience and Tech, identified the growth of tech-related positions across the broader Indiana economy and in agbioscience, including identifying the occupations contributing to the growth. “The agbioscience economy is the only economy in the world that touches every person on the planet given it centers on food,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “Given Indiana’s strength in agbioscience and its history of success in technology, significant opportunity exists to further unite these two industries to build the next chapter of Indiana’s economy.” [...]

Elevance Health, Shipt, AT&T and TechPoint collaborate with AgriNovus Indiana to combat hunger with innovation

2023-05-15T08:49:51-04:00May 15, 2023|

INDIANAPOLIS (May 15, 2023) — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, announced today that Elevance Health, Shipt, AT&T and TechPoint will support the 2023 HungerTech Innovation Challenge – a four-week accelerator to create tech-enabled businesses that connect food-insecure populations to for-profit and not-for-profit food networks. Presented by Elevance Health, 18 teams are competing in this year’s challenge that will award the winning team $25,000 and the second place team $5,000 to accelerate commercialization of their solution. The runner-up prize is co-sponsored by AT&T and TechPoint, a first for both organizations. “Harnessing the power of innovation to transform how we connect food supply to food demand holds tremendous opportunity to serve those in need,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “Thanks to the support of our sponsors, AgriNovus is able to not only inspire [...]

New research unveils areas ripe for innovation to eliminate food insecurity

2023-04-06T08:31:24-04:00April 5, 2023|

INDIANAPOLIS (April 5, 2023) — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, released new research today identifying the need for new technologies to drive connectivity between food access and populations experiencing food insecurity. Conducted by the Center for Food Demand Analysis and Sustainability at Purdue University, the study entitled Tackling and Solving Food Insecurity with Private Sector Innovations, identified factors contributing to food insecurity, populations most widely affected and recommendations for private sector innovation to help hungry populations. “Combatting food insecurity requires a portfolio of solutions, and it’s clear that innovation presents tremendous opportunity to unlock new ability to better connect food supply with food demand,” said Mitch Frazier, president and CEO of AgriNovus Indiana. The research shows food insecurity in Indiana rose from 9.4 percent in May 2020 to 13.4 percent in December 2022, all at [...]

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