The THRIVE Shell Agriculture Challenge aims to identify and support top start-up and scale-up innovators who are driving the global transformation to climate-smart agriculture practices. The challenge aligns with Shell’s Powering Progress strategy and the U.N.’s Sustainable Development Goals.
According to Thrive Agrifood, The key goal of the challenge is to identify and promote innovations that help farmers to: Enhance Land (Providing solutions that promote carbon sequestration and avoid emissions while improving soil health.), Connect Farms (Solutions to improve farm connectivity to access carbon markets and carbon financing.), and Measure Soil (Solutions that measure and quantify soil carbon, soil health, and greenhouse gas emissions).
THRIVE | Shell Climate-Smart Agriculture Challenge is open to start-ups and scale-ups located around the world.
Start-ups (Pre-seed to seed stage) will be screened based on: Novel – is the idea fundamentally different, disruptive and unproven? Valuable – could the idea create substantial new value if it works? Doable – is there a plan to prove the concept quickly and affordably? Relevant – is the idea relevant to the future of climate-smart agriculture?
Scale-Ups (Series A +) must have: Proven scalability of a base business and formalized business model, Detailed plan outlining: Marketing reach, Team structure and Key product offering.
Some of the benefits of the challenge are: Funding (Up to $100,000 in funding to develop a proof of concept), Eligible for Investment (Considered or eligible for investment from Shell Ventures if investment criteria met), Shell Gamechanger (Acceptance into the Shell GameChanger program with access to coaching and additional funding opportunities), Market Validation (Potential pilot opportunities with Shell), and Publicity (Gain brand recognition through THRIVE media and brand exposure across various channels).
Apply For The Agriculture Challenge