Frequently Asked Questions
Who is eligible to apply for the Sprout Accelerator?
Early-stage novel innovations, technology or science with direct or potential application in the agrifood value chain that are pre-revenue, or up to $1,000,000 revenue post-launch. Domestic and international applications are welcome.
What is the agrifood value chain?
The agrifood value chain is diverse and includes food production (on and off farm), food processing, food distribution, food retail, food consumption, food safety, and related sectors that enable these activities such as energy, environment, climate, animal production, animal health, waste management, and finance.
How often does the Sprout Accelerator run?
There is currently one cohort per year during the Spring. Applications for the Sprout Accelerator close in late June or early July. Check out our Sprout Accelerator page for the latest dates.
What time commitment is required in the Sprout Accelerator?
The Sprout Accelerator is a 3-month adventure that guides formulating a pitch on your startup foundations through:
2–3 hours of weekly online individual mentoring and group sessions
2 in-person Underground events that are 2 days each
A final online Showcase presentation to an audience of industry connections and investors
Does it cost to participate in the Sprout Accelerator?
There are no fees or exchange of equity required. Sprout covers domestic flights and accommodation for 1-2 people per team to attend the Underground events. International participants must make their way to New Zealand.
Will I get funding during or after the Sprout Accelerator?
There is no funding provided as part of the Sprout Accelerator. Our investment process is independent of the Sprout Accelerator, however the programme provides the opportunity to engage with our Investment team. The final online Showcase provides an opportunity to attract engagement from other investors and industry organisations.
What type of information do I need to share?
Sharing confidential information is not required for the Sprout Accelerator. We encourage protecting intellectual property (IP) as required and sharing non-confidential information. We only sign non-disclosure agreements (NDAs) under certain circumstances.
I still have questions - who should I reach out to?
We would love to receive your questions! Send us an email at accelerator@sproutagritech.com
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