Rochester, New York: Agri-Food Startup Competition Awards $3 Million to 7 Startups; Livestock Microbiome Company Wins $1 Million Grand Prize
New York Governor Kathy Hochul announced in Rochester on the 13th that the eighth annual "Grow-NY" agri-food startup competition has named seven winning startups, sharing $3 million in investment, with Barnwell Bio, headquartered in New York City, winning the $1 million grand prize. The company analyzes the microbiome inside livestock barns to help farmers better understand animal health risks and opportunities. This year's competition had 20 finalists, and after two days of summit pitches in Rochester, a panel of judges selected the winners. The competition is operated by the Cornell Center for Regional Economic Advancement; winning companies must commit to growing their business, building partnerships, and creating jobs within the 22-county upstate New York region, establishing operations locally for at least one year, and ceding a small equity stake to Cornell University to fund future food and agriculture startup projects. The "Grow-NY" competition aims to advance agricultural innovation and economic development in Central New York, the Finger Lakes, and the Southern Tier, and has now been held eight times. Governor Hochul said the state government will continue to double down on advancing food and agriculture industry upgrades statewide and creating jobs.
Source: New York State Governor's Office
Published by GSM · USA (original Chinese edition)
Photo: Wikimedia Commons，CC BY-SA 4.0，图中是罗彻斯特市中心与杰纳西河
