Cohort finalists include FluroSat, Ecosystem Services Market Consortium, Sustainable Open Soy, Soil Metrics, Genesis Feed Technologies, SLUcode and Soy Carbohydrate Value.
ST. LOUIS (October 13, 2020) — After a careful review of over 89 worldwide applicants, The Yield Lab Institute — in partnership with the United Soybean Board, Syngenta and Amazon Web Services — is pleased to announce the cohort finalists for the Soy Innovation Challenge. This group represents a diverse and compelling array of trailblazing innovations and technologies that have remarkable potential to capture value for farmers and disrupt the soy value chain.
“All of these innovations are game-changers and will enable farmers to stay ahead of end-user demands, delivering sustainable outcomes while still keeping farmer profitability at the forefront,” said Andy Fabin, USB’s Sustainability Target Area Coordinator and farmer from Indiana, Pennsylvania. “Access to new technology at our fingertips to make more strategic decisions will allow us to farm smarter in lockstep with the soybean supply chain as a whole.”
Launched in March, the Soy Innovation Challenge has a purpose to find disruptors across the supply chain to bring value to farmers. The finalists are developing solutions, from land stewardship and greenhouse gas monitoring to blockchain and traceability advancements, as well as detailed nutritional information, to ultimately accelerate sustainability enhancements and maximize profit opportunities through technology that’s seamless for soybean farmers to use.
The seven finalists are as follows:
- Ecosystem Services Market Consortium
- Sustainable Open Soy (SOS)
- Soil Metrics
- Genesis Feed Technologies
- Soy Carbohydrate Value
Soy Innovation Challenge winners will receive $100,000 in non-dilutive prize(s), provided by Syngenta, cloud computing credits, provided by Amazon Web Services; and mentoring to help advance their ideas in the areas of technical, business, financial and environmental impact, provided by the United Soybean Board. Further details will be shared soon about Soy Innovation Challenge programming, including the kickoff event scheduled for fall/winter 2020.