Kent Corporation CEO touts Iowa as providing necessary ingredients for startup ag businesses to succeed; says Kent is proud to support Ag Startup Engine linking industries, communities and country.
AMES, Iowa (February 9, 2021) – Ag Startup Engine, located in the Iowa State University (ISU) Research Park, announced they have increased their investor-member base and are planning to accept into their program and invest in up to 45 startups in the agriculture and food technology space over the next five years.
“We’ve essentially set out to triple our efforts by doubling the investor base,” said Joel Harris, Executive Director of Ag Startup Engine (ASE). “We’re extremely proud of the work we’ve done the last four years, including working with startups who have created over 140 high-tech jobs and have gone on to either exit to publicly traded strategic partners or raise over $30 million in follow-on funding. While our hypothesis to support early-stage founders seems to align with the agtech investment market, there is still more we can do.”