The Rabobank-MIT Food & Agribusiness Innovation Prize, sponsored by Rabobank and supported by MIT J-WAFS and the MIT Food and Agriculture Club, is a premier business-plan competition for university and graduate students. This prize is distinct from other competitions because of its specific focus on food and agribusiness and the access it will provide successful entrants to the broad business community.
The competition takes place in two stages. First round applications will open on November 15, 2018 are due by December 21, 2018 11:59 PM EST, from which the finalists will be selected for stage two. Finalists will then be paired with mentors to refine their ideas. Mentors will be leading experts in industry and academia, with experience relevant to finalist submissions. At the Award Ceremony in May 2019, finalists will present their business plan and compete to win $30,000 in total prize money will be awarded to the first and second place winning teams ($20,000 and $10,000 respectively).
Rabobank Group is a global financial services leader in more than 40 countries worldwide. In North America, we are deeply committed to all major industry sectors in food and agribusiness, as well as trade & commodities and renewable energy. Rabobank is proud to be recognized as a steadfast and trusted advisor to our clients across the globe.
The Abdul Latif Jameel World Water and Food Systems Lab, J-WAFS, was established in the Fall of 2014 as an institute-wide effort to bring MIT’s unique strengths to work towards environmentally benign, scalable solutions for water and food systems across a range of regional, social, and economic contexts.