Ag giant Cargill teams with Plug and Play for new Topeka accelerator, set to debut in fall

July 29, 2020  |  Austin Barnes

Cargill

TOPEKA — Corporate food and agriculture giant Cargill has inked a deal with Plug and Play to serve as founding partner for its animal health and agtech accelerator program in Topeka. 

The companies announced the news Wednesday, firming up details surrounding the launch of the long-awaited accelerator — first announced in September 2019 and originally slated to begin this summer. 

Click here to read more about last fall’s Plug and Play announcement. 

“Their support and dedication will lay the foundation for entrepreneurs and startups to access the best resources available, beginning with industries such as animal health and agtech,” said Saeed Amidi, founder and CEO of Sunnyvale, California-based Plug and Play.

The three-month program is scheduled to debut virtually in the fall, Plug and Play told Startland News, expecting to draw 10 animal health companies to Topeka every six months. 

“… This investment is a vital step; it will propel our community forward as we work to become a hub for animal science and ag-tech research,” added Topeka mayor, Michelle De La Isla. “I am grateful to our partners in GOTopeka for making this possible and am excited to watch a new generation of startups and entrepreneurs find their success in our great city.”

Plug and Play’s partnership with Minnesota-based Cargill is also expected to bring global impact to startups involved in the accelerator’s first cohort, the companies said, specifically noting synergy between their strengths and its expected power to push startups toward expanded footprints, customer variation and expansive knowledge of the ins and outs of the global supply chain.

Selection for the program’s initial cohort is well underway and an announcement of its startups and additional partners involved in the project is imminent, noted Katrin Bridges, senior vice president of innovation at the Greater Topeka Partnership. 

“It’s just the perfect business model that Plug and Play has developed, because it creates wins  for everybody involved,” she said. “[The program is] going to be providing access to new streams of innovation and deal flow to our local corporate partners — and for the startups, access to those corporate partners that could potentially run pilot projects with them and give them a platform for their technology to scale.”

Potential innovation district site, Go Topeka

Potential innovation district site, Go Topeka

With a 70-percent success rate and numerous examples of follow-on funding for participants in other Plug and Play programs, Bridges said the accelerator’s proven track record could also boost Topeka’s innovation ecosystem at a critical time in its growth. 

“People are thinking, ‘If I wanted to make a change in my business, in my organization, now that everybody has been disrupted — I might as well do it now and reposition my business for the future.’ That’s where innovation comes in and I think we have seen that. We haven’t slowed down at all,” she said, noting the uniqueness of the COVID-19 era and her team’s commitment to building a better Topeka despite it. 

Click here to read the latest update on Topeka’s proposed innovation district.

“Disruption can come from anywhere. And, most likely, disruption is going to come from something that you don’t see [coming],” Bridges said. 

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , , , ,
Featured Business
    Featured Founder

      2020 Startups to Watch

        stats here

        Related Posts on Startland News

        Kansas City named a top tech locale

        By Tommy Felts | May 19, 2015

        Kansas City again was touted as a top tech destination. Tech publication PC Magazine recently named Kansas City as one of “13 high-tech cities you’ll want to call home.” The magazine noted Kansas City’s access to Google Fiber, its low cost of living and communities such as the Kansas City Startup Village as reasons to…

        Flow Forward Medical

        Flow Forward Medical raises additional $1.3M

        By Tommy Felts | May 18, 2015

        Flow Forward Medical boosted its latest funding round to further develop its device that helps improve outcomes for hemodialysis patients. The Olathe-based company closed a $1.3 million round of additional Series A financing led by the Kansas Bioscience Authority. Flow Forward previously raised $4.4 million, bringing its total funding raised to date to about $5.7 million.…

        Schukman: 5 reasons why KC is the capital of social entrepreneurship

        By Tommy Felts | May 18, 2015

        Take a walk in Kansas City’s startup scene and you’ll quickly hear something about KC’s devotion to becoming America’s most entrepreneurial city. This mantra is on everyone’s lips, from city leaders to corporate tycoons to scrappy startup founders. It’s amazing that in five years our city has created such clarity of purpose that millenials populating…

        KC Digital Drive creates lab to test drive gigabit apps

        By Tommy Felts | May 18, 2015

        Ever since Google Fiber announced Kansas City as its first fiber project, techies across the nation have wondered how gigabit Internet will shape a new wave of innovation and how the city would tap its new infrastructure. And thanks to a new KC Digital Drive initiative, Kansas Citians may have an up-close look at the…