AgLaunch

Location

Memphis, TN

 

Build to Scale Program

Venture Challenge

 

Project Name

AgriX3

 

Award Amount

Federal Share

Local Match

 

$1.5 million

$1.5 million

AgLaunch seeks to grow the infrastructure and technology created with previous EDA awards across four additional key agricultural regions with existing partners to leverage and attract additional investment in those regions. AgriX3, established with support from a past EDA award and other funding sources, is a unique accelerator platform to propel the agricultural innovations of the future – focused on augmented intelligence, autonomous farm equipment, biological pesticides, carbon remediation, and sustainable metrics.

AgriX3 refers to the interrelated and aspirational goals of (1) nutrient dense food, (2) carbon negative farms, and (3) equitable ownership across the agrifood value chain. AgriX3 scales AgLaunch’s successful programs by “tying all the pieces together” to get a compound network effect. The main service area for the proposed project is the 98-county Mid-South Delta region in Arkansas, Kentucky, Mississippi, Missouri, and Tennessee. This project will build around the existing Delta “founding” cluster and leverage the national regional cluster network to compound the efforts (Midwest, Southern Plains, Pacific Northwest, and Appalachia) of AgriX3.