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Every Body Eat Named the $1 Million Grand Prize Winner of the 2021 Grow-NY Global Food and Agriculture Business Competition

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Marking its third yr, the unprecedented competitors as soon as once more attracted a gaggle of distinctive startups and entrepreneurial expertise from round the globe to compete in its two-day pitch competitors and symposium. Every Body Eat—an organization that makes, markets and sells scrumptious meals that’s free from the commonest 14 allergens, corn and sugar so that individuals can take pleasure in it, collectively, regardless of dietary restrictions or preferences—was one of eight finalists to take house prize cash throughout Grow-NY Food and Ag Summit. The award ceremony was held at the Oncenter in Syracuse the previous Nov. 16 and 17.

“I wish to congratulate all the corporations that befell in the third spherical of the Grow-NY competitors,” Governor Kathy Hochul stated. “This competitors not solely helps these corporations proceed to innovate however will additional help New York State’s regional economies by drawing much more worldwide consideration to our globally famend meals and agriculture business.”

For yr three of the Grow-NY Food and Ag Summit, greater than 1,200 folks registered for the occasion and audiences had the choice to attend both in-person in Syracuse or nearly. The in-person occasion featured panel discussions on the greatest points dealing with the meals and agriculture business, a Summit showcase of distributors and organizations supporting the start-up group, a pitch competitors the place the high 20 finalists introduced their enterprise concepts to a reside viewers. A panel of 5 unbiased judges—reflecting a depth and breadth of agriculture, meals manufacturing, and entrepreneurial experience—listened to every presentation and introduced questions earlier than figuring out the high winners.

The Summit culminated with an awards ceremony the place Richard A. Ball, Commissioner of the New York State Department of Agriculture and Markets, introduced the recipients of the $3 million in prize cash. This included a $1 million grand prize, two $500,000 prizes and 4 $250,000 prizes. Upon accepting the award, winners decide to function in the Central New York, Finger Lakes, or Southern Tier areas for at the very least one yr, whereas offering Grow-NY with a small fairness funding stake in every entity.

The winners included:

Grand prize $1,000,000 Winner: Every Body Eat, from Chicago, IL, makes, markets and sells scrumptious meals that’s free from the commonest 14 allergens, corn and sugar so that individuals can take pleasure in it, collectively, regardless of dietary restrictions or preferences.

$500,000 Winner: Ascribe Bioscience, from Ithaca, N.Y., makes use of naturally occurring signaling molecules from the soil microbiome to supply a novel class of broad-spectrum, non-toxic biopesticides that prime the vegetation’ immune techniques to reinforce resistance to pathogens and improve crop yields.

$500,000 Winner: Neupeak Robotics, from Surrey, Canada, produces totally autonomous berry harvesters which might be designed to work in all climate and lighting circumstances, alongside human employees, to avoid wasting farmers cash by charging a set charge per pound of berries collected.

$250,000 Winner: DraughtLab, from Webster, N.Y., produces high-quality sensory instruments for each degree of sensory experience, providing sensible and approachable sensory evaluation options that ship real-world worth to corporations of any measurement.

$250,000 Winner: EmGenisys, from Houston, TX, is a state-of-the-art embryo well being evaluation platform that gives the most complete embryo analysis system, bettering being pregnant outcomes of assisted reproductive applied sciences in livestock.

$250,000 Winner: Nordetect, from Copenhagen, Denmark, offers speedy chemical evaluation for vitamins in the agrifood business. The firm’s first product is a lab-on-a-chip check for vitamins present in soil, water and leaf samples, aimed toward optimizing the quantity of fertilizer used to domesticate crops.

$250,000 Winner: WeRadiate, from Buffalo, N.Y., has a turnkey answer to enhance soil high quality utilizing {hardware}, software program and knowledge expertise, providing an entire array of instruments to create high-efficacy and high-quality compost finish merchandise in any respect composting websites.

Judges primarily based award choices on the following 5 standards:

  • Viability of Commercialization and Business Model– Generation of income and upkeep of a value construction that permits for a aggressive and sustainable enterprise; demonstrated readiness of the applicant’s expertise or innovation to meet its wanted worth proposition.
  • Team– Demonstration of a degree of cohesion, completeness, and readiness inside, and range and inclusion amongst the founders, staff, and advisors of the enterprise that can enable the group to ship on its potential.
  • Customer Value– Provision of important worth for patrons for which they’re prepared to pay; addressing a considerable market.
  • Agriculture and Food Innovation– Pushing the state-of-the-art in meals and agriculture and contributing to creating Upstate NY a world chief in agriculture and meals innovation.
  • Regional Job Creation– Potential for creation of high-quality jobs in the Grow-NY Region and relevance to the present meals and ag ecosystem.

In addition, the competitors additionally featured an “Audience Choice” award for the startup voted by the public to have the most modern and promising pitch. Agri-Trak from Williamson, NY obtained $10,000 in prize cash sponsored by Wegmans and $5,000 in advertising providers from The Martin Group. Agri-Trak contains a farm administration software suite, developed particularly for the apple business. The suite consists of customizable modules that present real-time info in easy-to-read widgets permitting farms to make day by day data-informed choices.

“By creating new jobs and sharing new concepts, the winners of the first two rounds of the Grow-NY meals and ag competitors have made an necessary distinction in our area’s meals and ag ecosystem in lower than two years,” stated Jenn Smith, Program Director of Grow-NY. “We’re assured that this yr’s winners will proceed that constructive development. The high quality of the start-ups vying for awards this yr was unbelievable—congratulations to all the winners!”

In all, 330 startups utilized from 32 nations together with Singapore, Israel, and Switzerland. In the U.S., 23 states had been represented, together with 138 entries from New York. 44% of candidates included a feminine founder and 51% included a founder from an underrepresented minority group, which is a major improve from final yr’s applicant pool. The 20 finalists obtained devoted mentorship from hand-selected regional enterprise advisors main as much as the competitors. Those chosen as winners will now instantly get to work executing their enterprise plans in New York State, leveraging the connections they made and regional information they gained from the competitors.

“We are completely honored to be chosen—from such an unbelievable pool of meals and agriculture start-ups—as this yr’s $1 million high prize winner at Grow-NY,” stated Nichole Wilson, co-founder and president of Every Body Eat. “We look ahead to leveraging this award and all of the connections we’ve got made in the area, to take our firm to the subsequent degree, broaden our market, and rent extra expertise.”

Empire State Development supplied funding for the Grow-NY competitors by way of its Upstate Revitalization Initiative and Cornell University’s Center for Regional Economic Advancement administered the competitors. The winner might be required to make a constructive financial impression in the Grow-NY area which consists of 22 counties inside Central NY, the Finger Lakes and the Southern Tier of New York State the place there are vibrant farmlands in addition to a number of main city facilities, together with Rochester, Syracuse, Ithaca, Geneva and Binghamton. The profitable enterprise will assist contribute to job development, join with native business companions and contribute to a thriving economic system.

To be taught extra about the winners, mentors and judges, please go to grow-ny.com.

About Empire State Development
Empire State Development (ESD) promotes a vigorous and rising state economic system, encourages enterprise funding and job creation, and helps various, affluent native economies throughout New York State by way of the environment friendly use of loans, grants, tax credit, actual property improvement, advertising and different kinds of help. To be taught extra about ESD go to https://esd.ny.gov.

About the Cornell Center for Regional Economic Advancement
The Cornell Center for Regional Economic Advancement (CREA) helps financial impression in Upstate New York by way of entrepreneurship and innovation. We assist folks advance concepts that can create jobs in all fields in our area, to complement the space’s financial range. To be taught extra, go to https://crea.cornell.edu.

Media Inquiries: Jenny LePore, [email protected], 585-869-1884

SOURCE Center for Regional Economic Advancement, Cornell University

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https://crea.cornell.edu/