TEKFARM
GLOBAL
Connecting innovative international technology ventures with the Australian grains industry.
WHAT IS IT
Australia's agriculture is on track to be $100 billion industry by 2030, creating the perfect launchpad.
The Farmers2Founders TEKFARM Global program provides innovative, international technology ventures with the opportunity to connect, collaborate and scale new technologies in the Australian grains industry.
In partnership with GRDC, Farmers2Founders has undertaken a international technology scouting process and identified over 40 agtech businesses (US, Canada, Israel, UK and South America with technology solutions to be relevant to key challenges faced by Australian grain growers.
THE OPPORTUNITY
Farmers2Founders and GRDC will invite successful international agtech ventures to test their technology in the Australian grains industry.
You will have the opportunity to:
Learn about Australian market conditions, build a local team and gain access to infrastructure to establish a business in Australia.
Connect to industry and research partners and gain exposure to investors including Grain Innovate.
Undertake supported tech trials, cost benefit analysis and refined value proposition.
Access facilitated introductions to end-customers and build route-to-market via customer validation.
Develop marketing and commercialisation assets and build an enhanced profile in the Australian market.
STATE OF THE INDUSTRY
GRDC is currently committed to a five-year Research, Development and Extension Plan 2018-2023, designed to create enduring profitability for Australian grain growers.
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This create significant opportunity for investment in innovation, with key investment targets set to focus on innovations and technologies that can improve yield and yield stability, maintain and improve price, optimise input costs, reduce post-farm gate costs and manage risk to maximise profit and minimise losses.
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The opportunities in the Australian grains industry make it the ideal time to test new technology in an established and continually growing market.
SECTOR SNAPSHOT
CHALLENGE AREAS
KEY INDUSTRY PRIORITIES:
Develop new, novel, high-value uses of products and by-products targeted at plant based, human health, nutrition and allergenicity, high value feed uses, new industrial uses or biofuels.
Create new technologies that reduce labour costs and/or improve the efficiency of repetitive tasks such as seeding, fertilizing, spraying and harvesting.
Maintain and improve the price of Australian grain through differentiation based on: advanced genetics, functionality, food safety and traceability, sustainability of production, reduce downgrading, new and/or enhanced grain classification process and optimal management of biosecurity issues.
Provide solutions that enable grain growers to optimise costs, increase profitability and manage risk through new engineering solutions and data-informed decision making.
