On September 23, 2022, the Wells Fargo Innovation Incubator (IN2), a technology incubator and platform funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), announced a partnership with Farmers Business Network, a technology enabled, direct-to-farm commerce, community and sustainability platform helping Family Farmers maximize their farm’s profit potential. With support from the Donald Danforth Plant Science Center, agtech startups that are currently participating in the IN2 program or that will participate in the future now have the opportunity to access a network of on-farm sites to test products and solutions on real farms.
Sustainable agtech solutions, like the ones being developed by startups in the IN2 program, are aimed at improving agricultural outputs while reducing the industry’s environmental impact. Access to real-world data on the efficacy of a particular solution is critical to the commercial success of new innovations. Testing on real-world farms provides insight into performance under realistic conditions, and across a comprehensive range of environmental conditions, farming practices and other important parameters.
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