Forty-Two Teams Develop Solutions in BioInnovation, Farmer-Focused Innovation and Food is Health; Launches Next Phase of Velocity Program Designed for Scale-Up Companies AgriNovus Indiana, an initiative to grow the agbioscience economy, today announced Chicago, Ill.-based Integrated Dynamics, Indianapolis, Ind.-based NanoBio Designs and South Bend, Ind.-based NutriPop have won Velocity, securing each company $25,000 to advance their tech-enabled businesses that address many of the toughest challenges facing the food and agbioscience economy. In partnership with the Indiana Corn Marketing Council, Indiana Soybean Alliance, Elevance Health, Beck’s Hybrids, Ag Alumni Seed and Gutwein Law, Velocity challenges students, startups and existing companies to create solutions to fill research-defined gaps in three critical areas: bioinnovation, farmer-focused innovation and food is health. “Velocity was launched to inspire innovation that addresses three critical forces of change facing our food and agbioscience economy today and well [...]

Three winners to receive $25,000 each for solutions to challenges in bioinnovation, farmer-focused innovation and food is health AgriNovus Indiana, an initiative to grow the agbioscience economy, will host its first Velocity Demo Day from 3 to 6 p.m. on June 18 at the Indiana State Fairgrounds, awarding three winning teams $25,000 each. In partnership with the Indiana Corn Marketing Council, Indiana Soybean Alliance, Elevance Health, Beck’s Hybrids, Ag Alumni Seed and Gutwein Law, the event culminates a six-month startup accelerator designed to inspire creation of tech-enabled businesses that address research-defined challenges in bioinnovation, farmer-focused innovation and food is health. “Velocity is designed to accelerate development of solutions to some of the toughest challenges facing the food and agricultural economy in Indiana and around the globe,” said Mitch Frazier, president and CEO of AgriNovus. “Demo Day will spotlight entrepreneurs [...]