BTN News: In an exciting development for the AgriFoodTech sector, Grupo Alpina and the investment fund Rockstart have launched a groundbreaking initiative aimed at accelerating the growth and development of startups in Latin America. This initiative, which reflects a deep commitment to driving innovation within the agro-food industry, is open to early-stage companies across the entire food value chain. With a focus on the integration of technology in agriculture and food production, the program promises to be a game-changer for startups looking to scale their impact in the region.
Startups that meet the criteria—operating within the agro or food sectors and leveraging technology—are encouraged to apply. The initiative is designed to offer these startups not just financial resources but also a robust mentorship program. By participating, companies will gain access to invaluable guidance and industry expertise, which could be instrumental in transforming their innovative ideas into sustainable and scalable businesses.
The collaboration between Grupo Alpina, a leading player in the Latin American food industry, and Rockstart, a prominent investment firm with a track record of success in Europe, signals a powerful strategic alliance. Their joint effort is set to invest in at least 18 companies over the next few years, with a specific focus on those that can contribute positively to the region’s agricultural landscape. This partnership aims to address real societal challenges by fostering technological solutions that can revolutionize food production, distribution, and sustainability.
Ernesto Fajardo, the president of Grupo Alpina, expressed his enthusiasm for the project, highlighting the importance of nurturing startups with innovative ideas that could have a significant impact on the agro sector in the region. Fajardo emphasized the value of knowledge exchange and mentorship that the program will provide, aiming to accelerate the transformation of the food industry with technology-driven sustainable solutions.
Felipe Santamaria, CEO and founder of Rockstart Latin America, echoed this sentiment. He noted that the initiative marks the extension of Rockstart’s successful AgriFoodTech vertical, previously implemented in Europe, into the Latin American market. Santamaria expressed his excitement about the collaboration with Grupo Alpina, underscoring the potential for this initiative to address pressing societal issues through targeted investment and support for innovative startups.
For those interested in seizing this opportunity, the application process is straightforward. Entrepreneurs can apply through the official website, www.rockstartlatam.com/agrifoodtech, before the deadline of August 15, 2024. Following the closure of the application window, a rigorous selection process will take place from August 16 to September 27, 2024. This will include evaluations and interviews designed to identify the most promising startups. Selected companies will then move forward to sign agreements in early October, with the program kicking off that same month.
This initiative represents a significant opportunity for Latin American startups in the AgriFoodTech sector to gain the support they need to thrive. With the backing of industry giants like Grupo Alpina and the strategic expertise of Rockstart, participating startups are well-positioned to drive meaningful change in the region’s agro-food landscape, addressing critical challenges and paving the way for a more sustainable future.
By engaging in this program, startups will not only benefit from financial investment but also from a comprehensive six-month acceleration program. This program will provide them with the tools, resources, and networks needed to scale their operations, making a lasting impact on the food industry.
As the August 15 deadline approaches, startups across Latin America are encouraged to take advantage of this unique opportunity to propel their ideas forward, contribute to the evolution of the AgriFoodTech sector, and play a pivotal role in shaping the future of food production and technology in the region.
