SproutX to accelerate Australian agtech startups

Australian agtech startups will receive help to create connections, build skills and find funding to commercialise their ideas under a new national program launched on Friday. SproutX, an initiative of accountancy and financial advisory firm Findex and the National Farmers’ Federation, was launched on Friday. It includes Australia’s first agtech “pre-accelerator” to unearth and seed startup ideas in agriculture, and a $10 million “accelerator” fund that will invest in and back the best ideas in agtech. SproutX has been backed by $1 million in initial funding from the Victorian Government and further backing from an array of industry giants including Findex and Ruralco.…

Source: Beef Central
SproutX to accelerate Australian agtech startups