IIB: Study: Growth in Indiana Agbioscience Sector Exceeding Goals

2023-03-16T07:51:32-04:00March 16, 2023|

In a recent Inside INdiana Business interview, AgriNovus Indiana President and CEO Mitch Frazier outlined the results of a new study that shows Indiana's agbioscience economy grew $6 billion from 2018-2021, bringing its direct annual impact to $58 billion. Frazier said the growth is "extraordinary, historic, by definition." Frazier said the sector saw growth despite strong headwinds, stemming from the COVID-19 pandemic and global supply chain issues. [READ MORE AND LISTEN] Access the full AgriNovus Indiana report: Innovative Agbioscience in Indiana: 2022 Assessment (Sources: Inside INdiana Business, AgriNovus Indiana)

New study finds Indiana’s agbioscience economy posted record growth since 2018, now topping $58 billion

2023-03-15T09:20:53-04:00March 15, 2023|

INDIANAPOLIS (March 15, 2023) — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, released new research today that found Indiana’s agbioscience sector directly contributes more than $58 billion to Indiana’s economy – an increase of more than $6 billion since 2018. Conducted by TEConomy Partners, the study entitled Innovative Agbioscience in Indiana: 2022 Assessment, identified that the growth across Indiana’s agbioscience economy since 2018 marked the fastest-growing time for the industry since measurements to quantify it began in 2012. “The agbioscience economy is the only economy in the world that touches every person on the planet given it centers on food,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “The growth this research identifies represents the tremendous gains Indiana’s agbioscience innovators are advancing to meet global demand across food, animal health, plant science and agtech.” According to [...]

AgriNovus Indiana names winner of Producer-Led Innovation Challenge, awards $25,000 to advance agtech  

2022-12-14T09:13:03-05:00December 14, 2022|

INDIANAPOLIS (Dec. 14, 2022) — AgriNovus Indiana, a non-profit coalition focused on growing the agbioscience economy, announced that Aker Technologies from Effingham, Ill. has won the AgriNovus Producer-Led Innovation Challenge, earning the agtech company $25,000 to accelerate development of its software. Presented and defined by the Indiana Corn Marketing Council and Indiana Soybean Alliance, the Producer-Led Innovation Challenge asked innovators to create a tech solution to improve on-farm data accuracy that could lead to reducing the cost of operating capital and improving net farm income. “Working with producers and many across the industry, it’s clear that conquering the complexity of on-farm data while providing a potential path to lower cost of operating capital is an unmet challenge in today’s agtech economy,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “Aker’s unique approach to tackling this challenge provides an interesting [...]

AgriNovus Indiana PODCAST: CICP CEO David L. Johnson reflects on a successful career and an impact on Indiana

2022-12-05T10:07:15-05:00December 5, 2022|

Join AgriNovus Indiana CEO Mitch Frazier in this week’s podcast as he sits down with CICP's CEO David L. Johnson to reflect on Johnson's decades of service to Indiana as he prepares to retire. The two look back at Johnson's career path that took him from Harvard to Oxford to Capitol Hill and beyond. Johnson also shares his insights on where he thinks Indiana is headed. [READ MORE]

AgriNovus Indiana selects Purdue Dean as Vice Chair, names three new directors

2022-11-29T08:48:38-05:00November 29, 2022|

INDIANAPOLIS (Nov. 29, 2022) — AgriNovus Indiana, a nonprofit coalition focused on growing Indiana’s agbioscience economy, announced today its selection of a new vice chair and the addition of three new directors to its board of directors. The board unanimously approved Dr. Karen Plaut, dean of Purdue University’s College of Agriculture, as its vice chair through 2023.  In addition, the board approved  Jenni Browning, CEO of American Dairy Association of Indiana, Jim Wispinski, vice president of Global Portfolios at Corteva Agriscience, and Steve Witges, senior vice president of Agricultural Lending at Farm Credit Mid-America. “Indiana’s $52 billion agbioscience economy continues to record growth and strength thanks to the direction and support of the AgriNovus board of directors,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “The selection of Dr. Plaut as our vice chair and the addition of executives [...]

AgriNovus Indiana announces winner of HungerTech Innovation Challenge

2022-07-22T06:58:10-04:00July 21, 2022|

INDIANAPOLIS (July 21, 2022) — AgriNovus Indiana, a non-profit focused on growing the agbioscience economy, today announced Bloomington, Ind.-based Civic Champs won its HungerTech Innovation Challenge, scoring the company $25,000 to help advance their tech-enabled food security product. In partnership with Elevance Health, the HungerTech Innovation Challenge sought innovators to develop new technologies and profitable business models to improve access to nutrition, simplify online transactions and unlock free delivery for food-insecure Americans served by the more than $100 billion annual Supplemental Nutrition Assistance Program (SNAP). “The technologies, business models and delivery systems that teams concepted in the HungerTech Innovation Challenge offer an inspiring view into how technology and innovation can connect food supply to those in need,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “We look forward to working with the Civic Champs team to advance their technology, [...]

New AgriNovus Indiana study identifies tech, business models as key areas of innovation to improve federal Supplemental Nutrition Assistance Program 

2022-07-18T09:36:28-04:00July 14, 2022|

INDIANAPOLIS (July 14, 2022) — AgriNovus Indiana, a non-profit focused on growing Indiana’s agbioscience economy, released a study today identifying the need for technology and new business models to improve the $100+ billion annual federal Supplemental Nutrition Assistance Program (SNAP). Authored by national food policy expert and Snee Family Endowed Chair at Baylor University, Dr. Craig Gundersen, the study, Leveraging Technology to Improve Food Insecurity, identifies challenges hindering SNAP recipients and recommends adoption of technologies and process improvements to help food-insecure Americans. “SNAP is a critical safety net for millions of Americans,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “This new research provides data and key recommendations to inspire innovators to bring new approaches to better connect food supply to those who are food insecure.” Key recommendations identified in the study include: Identifying ways to eliminate delivery costs [...]

AgriNovus Indiana launches HungerTech Innovation Challenge to improve food access

2022-05-19T10:16:45-04:00May 17, 2022|

INDIANAPOLIS (May 17, 2022) — AgriNovus Indiana, a non-profit focused on growing Indiana’s agbioscience economy, launched a challenge today to inspire innovation that better serves food insecure people participating in the Supplemental Nutrition Assistance Program (SNAP), an approximately $100 billion federal program through the United States Department of Agriculture (USDA). In partnership with Anthem, the HungerTech Innovation Challenge creates an opportunity for companies, entrepreneurs, students and innovators to compete for a $25,000 grand prize by developing new technologies and models to enable SNAP recipients to purchase groceries online and receive the products regardless of location. “Food deserts have long been defined by proximity to a retail grocer; our ambition with the HungerTech Innovation Challenge is to inspire the creation of new technologies and systems that make physical location no longer a barrier,” said Mitch Frazier, president and CEO of AgriNovus. [...]

Celebrating National Agriculture Month – Indiana Has Its Ducks in a Row

2022-03-17T12:58:15-04:00March 17, 2022|

March is National Agriculture Month and Indiana ranks 10th nationally for total ag production with more than 55,000 farmers operating 14.8 million acres of land in Indiana, according to a study by the U.S. Department of Agriculture. An article by the Purdue Research Foundation shows Indiana’s impact on ag innovation and how AgriNovus Indiana is leading the way in growing the state’s agbiosciences. [READ MORE]  

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