For the third time, domestic agtech startups can cooperate with market-leading large agricultural companies in the framework of the NAK TechLab incubation program starting in September 2021. Over the last two years, the program has resulted in several collaborations that can be decisive for the development of agriculture. Applications for the three-month incubator program are open until August 22, 2021.
The National Chamber of Agriculture, with the support of the Design Terminal, launched the NAK TechLab agricultural startup incubation program in 2019, in which agricultural technology startups
“The NAK TechLab incubation program also has an economically important role to play. The collaborations With the help of collaborating large companies, solutions can reach many places where they do not otherwise have the opportunity. That is why we support startups, innovative ideas to move digitalisation efforts forward. ” – emphasizes in connection with the program Balázs Győrffy, President of NAK
For the third year in a row, Axiál Kft., Bonafarm Group and KITE Zrt. they were joined this year by Corteva Agrscience and Bayer Crop Science
For more details on the challenges and applications here
Start-ups with business training, intensive workshops and mentors in the agricultural industry, product development and large companies they can further develop their digital solutions and take part in legal and capital raising lectures. The program is strengthened not only by large agricultural companies, but also by technology companies (Vodafone, Planet, FANUC), which provide expert and developer background for various developments.
In the last two years, startups have they have also raised significant capital; with the help of the program, more than one billion forints of capital were raised by venture capital partners
Further information and application: https://www.naktechlab.hu/
Application deadline for startups : August 22, 2021
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