INDOOR AGTECH

In collaboration with:

We are looking for innovative startups that are disrupting the indoor agriculture world. From October - December 2020, we will work with 8-10 startups to evaluate their technology strengths, business scale-up potential and investment potential.

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Of these, we will choose at least three companies to pilot their technologies in a state-of-the-art growing facility and nominate for investment.

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Our vision is to build a "growing as a service" platform that delivers consistent, predictable, high-quality, and profitable harvests.

Technology areas include:

The program activities include:

•  An intense set of activities to analyze and evaluate your business that will help your company attract serious investors and customers (100% online)

• A virtual industry conference on December 8-9 that connects startups with customers and the venture capital community

• Coaching on your product and technology and how it can be used in different agricultural and horticultural applications

• Opportunities outside your home geography (e.g., North America, Europe, Africa and the Middle East)

• A tight network of complementary technology companies that, together, can be more powerful than they can individually

• A committed ecosystem of indoor agriculture technology companies, agtech investors, and multi-state cultivation operators that are ready to pilot groundbreaking technologies

• For chosen early-stage startups, opportunity for investment of $75k-$300k and access to investor network for later-stage investments

Program Agenda

Oct 26: Virtual kickoff event with all startups & partners

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Oct 27- Nov 20 (4-week "sprint"):

• Sente's proprietary due-diligence process, where startups collaborate with the Sente team on weekly deliverables  to fully explore  their market, business model, pricing, unit economics, scale-up economics and fundraising requirements

• Technical due-diligence with the GrowRay and NOBO teams to explore opportunities for pilot projects in grow facilities

• Mentor meetings with entrepreneurs and investors

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Nov 30 - Dec 11 (2-week "sprint"):

• Finalization of due-diligence deliverables/process

• Preparation and participation in virtual industry conference on Dec 9-10 (including panels, virtual tradeshow booths, pitches and networking with industry, media, investors and startups)

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Jan 11-14 (Selection Week):

• Minimum of 3 startups selected for investments and/or pilot projects with new indoor agtech ecosystem

• Phase 2 begins - which includes another 10 months of coaching, monitoring and connections

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2020 Program Participants