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

        In time for Mother’s Day: Ovatemp wants to boost women’s fertility

        By Tommy Felts | May 8, 2015

        The arrival of Ana Mayer’s baby girl isn’t the only thing she’ll be thinking about this Mother’s Day. Mayer — who’s among the newest founders in the Techstars-led Sprint Mobile Health Accelerator in Kansas City — will also be mulling how to further develop Ovatemp, the Boston-based ovulation tech company she leads. Ovatemp offers women…

        ThinkViral founder: Reflection a key to achieve success

        By Tommy Felts | May 7, 2015

        Welcome to the ‘Think’ column, a series aimed at helping entrepreneurs stop and think about the various aspects of starting and running a business. This week, ThinkViral President Anne Cull introduces the column and emphasizes why pointed reflection on lessons learned is central to a successful business strategy. ThinkViral is a full service social media…

        Founder of defunct Symptomly shares lessons from failure

        By Tommy Felts | May 7, 2015

        Failure is a touchy subject. But for Derek Bereit — the former CEO and co-founder of mobile asthma tracking company Symptomly — his company’s failure was an opportunity shrouded in a difficult situation. Rather than sulking, Bereit sat down with Startland News to discuss Symptomly’s demise, the lessons it provided him and the possibilities that…

        Founders discuss tough decisions entrepreneurs face

        By Tommy Felts | May 6, 2015

        Two founders took the stage at Kansas City’s chapter of 1 Million Cups to discuss the vast variety of tough decisions entrepreneurs face when starting and running a business. Stuart Ludlow, co-founder of RFP 365 and Sarah Shipley, co-founder of BikeWalkKC, offered insights and advice for those launching a business. Read about RFP365’s recent funding…