Ag & Food Tech2018
Consumer demand for sustainable products, coupled with the desire to understand where those products come from, has created the need for technological advancements in the agricultural value chain.
Rural economies nationwide and around the globe are struggling to maintain their local food systems and reduce their dependence on fossil fuels, especially as extreme weather events become more prevalent. Vermont is a leader in the incubation and development of forward thinking food and energy businesses and is making a concerted effort to attract the next generation of climate friendly businesses to the state.
Consider some of the challenges and opportunities that we face in Vermont that are also applicable throughout the world:
We need new technologies that can be used to clean up impaired waters, extract excess phosphorus and repurpose it for other uses. We also need new soil monitoring, data management, and precision agriculture production technologies that can be used to improve soil health and/or water quality.
Due to new federal food safety rules and/or the need to be able to trace the sourcing of particular input attributes such as GMO-free, fair trade, and organic, new tools are needed to help food manufacturers source verify their inputs.
We need companies with innovative business models that can provide logistics support to local producers who want to reach larger markets.
The agriculture and food manufacturing sectors are big users of fossil fuels and a lot of ‘waste’ heat that could be used for other purposes gets lost. We need innovative energy technologies (e.g., compost heat recovery, next generation digesters, solar heat collectors) that can be of benefit to farms and food manufacturers in order to reduce their reliance on fossil fuels, be more efficient, and reduce their expenses.
Hemp can now be legally grown in Vermont and consumer interest in CDB products is exploding. While farmers are adding more acres of hemp production each year, Vermont lacks high quality processing and extraction infrastructure.
All over the country, communities are trying to decrease the amount of food waste that ends up in landfills. Collection logistics, materials management and processing, and new biodegradable packaging technologies are in increasing demand.
After three months of intense focus, camaraderie and learning we are pleased to announce the DeltaClimeVT Ag & Food Tech 2018 cohort winners as selected by their peers. In the top spot is AgHelp of Michigan and in a close second is Ceres Greens of Vermont.
“The mentors that were recruited and contributed all of their time were fabulous. We’d never be able to get these people on the phone or get a meeting so DeltaClimeVT bringing them all together was amazing.”
DID YOU KNOW?
DeltaClimeVT offers cohort members more than 35 hours of time with mentors, investors and potential customers?
AgHelp is a mobile platform that helps agricultural employers source, retain, and attract local and national talent while connecting workers with local support services. AgHelp is providing transparency in labor recruitment while ensuring that workers have access to basic resources like education, health, and training opportunities. Michigan
Agrilab Technologies offers technical and development services to serve customers through all phases of a renewable energy, water quality or sustainability project. Agrilab’s featured products are compost aeration and heat recovery (CAHR) units with advanced thermal energy recovery, remote data and control capabilities that are modular or mobile. Vermont
Ceres Greens is a vertical farming company growing and supplying customers with fresh, local leafy greens and herbs year-round. Based in Barre, Vermont, Ceres grows their products in a controlled indoor environment, utilizing a proprietary method of their own design. Vermont
Freshspire connects local farmers directly to buyers to create a network of sustainable food. Their platform provides visibility in the market and powerful analytics, to help save time and money. North Carolina
Meristem Farms produces high-quality hemp seeds and hemp clones. Meristem provides cultivation expertise and precision indoor environmental controls to bring these cultivars to their fullest expression of health benefits in a consistent and marketable manner. Vermont
Planetarians’ patent-pending technology adds value to overlooked ingredients like defatted seeds, converts them into a high-protein, high-fiber ingredient, and helps food manufacturers fortify a variety of food products with natural protein and fiber from seeds. California
Savor has a patented process to create edible cutlery that biodegrades in days, tastes great and works in hot soup and ice cream. Savor heats and presses a blend of flours together to create a spoon that is durable, yet edible. Savor spoons come in five flavors: honey vanilla, dark chocolate, maple & brown sugar, tomato basil, and sea salt. Georgia
Smart Yields connects farmers, agricultural researchers and their communities through crowd-sourced data gathered from a network of integrated sensors that measure everything from soil health to inputs such as water, energy and nutrients. In turn, these users tap into a vast wealth of local, regional and national knowledge to increase productivity, yield, and revenue. Hawaii
About the program
The accelerator consisted of three separate, four-day, on-site “sprints”, in the Burlington area (at the Ben & Jerry’s Ice Cream administrative office), with homework and webinars in between. As a result of our generous sponsors and partners, accommodations and meals were provided at no cost. Cohort members provided their own transportation to and from Vermont for the three on-site sprints.
At DeltaClimeVT, we tap an innovative group of leaders who are subject matter experts and/or have deep entrepreneurial and investment experience, based on the needs of each cohort selected.
Joseph Steig is a principal at ecosVC, a consulting and training company for STEM ventures. He also consults with companies and investors in a CFO capacity. He currently works with LRVHealth, a healthcare venture fund based in Boston, and with IUNU, an agriculture technology company based in Seattle. Joseph has worked in a diverse range of industries from aquaculture to software and has extensive consulting experience with universities and innovators on technology commercialization.
Joseph serves on the Board of Directors of Greentown Learn, the educational non-profit affiliated with the world’s largest clean tech incubator, Greentown Labs. He went to Hampshire College in Amherst, Massachusetts and divides his time between Seattle and Vancouver, Canada. More information at www.steig.com.
Manager, US Ventures – Agriculture at Village Capital
Alex Arrivillaga is the Manager of Village Capital’s US Food and Agriculture Practice. In her previous role at the firm, she supported and facilitated the US: Education 2017 program. She has also workedas an Associate on the VilCap Communites U.S. team. Previously, Alex worked as the Director of Development for Living Classrooms of the National Capital Region, a regional non-profit that lifts under-served communities out of poverty through hands-on education and job training programs. Alex was a member of the Teach for America Greater New Orleans Corps, where she taught Spanish at O.Perry Walker/L.B. Landry College and Career Prep and served as foreign language department chair. Alex received her BA from Tulane University in International Development and Spanish and holds an MBA from Columbia University.
Co-Founder & Managing Partner at Closed Loop Capital
James Macon is a Co-Founder and Managing Partner of Closed Loop Capital, a venture capital fund platform founded in 2010 investing in agriculture technologies and food system innovations in the United States and Canada. James has spent his career as a venture operator, investor and advisor taking a hands-on approach to corporate and financial design and management. Building on a foundation in financial services, technology and entrepreneurship, he has spent the past decade designing, launching and growing high-impact ventures and funds driving positive financial, social and environmental outcomes. In his work, James draws upon experiences from an array of industries including agriculture technology, food innovations, sustainable fisheries, healthcare finance, renewable energy and biomaterials.
Janice St. Onge
Flexible Capital Fund
Janice St. Onge is Deputy Director of the Vermont Sustainable Jobs Fund President and President of the Flexible Capital Fund (the Flex Fund). Janice brings economic and business development as well as financial expertise to the organization, having served in the technology and financial services industries, as well as higher education and state government sectors during the last 25-years. Early in her career, Janice served ten years at Peoples United Bank in Connecticut in retail management, commercial real estate lending (managing a $21 million portfolio) and organizational development roles.
President, Vermont Center for Emerging Technologies
With over 20 years involved in capital markets, early stage technology firms and venture investing, David is deeply experienced with economic development, working with entrepreneurs on technology commercialization and business formation, early stage ventures, and business growth strategies. Since June 2007, David has served as President and CEO of the Vermont Center for Emerging Technologies (VCET) which is an independent non-profit organization offering venture capital, co-working spaces, start-up mentoring and networking. In 2013, VCET was ranked #11 globally and #5 in the US by the UBI Index. When not grabbing coffee with aspiring entrepreneurs, reading technology journals or learning to code, David is snowboarding, surfing and mountain biking with his family from their home base in Stowe, Vermont.
Five Vine Consulting, LLC
Lawrence Miller is an independent consultant operating as Five Vine Consulting, LLC. From 2014 through 2016 he was senior advisor and Chief of Health Care Reform for former Vermont Governor Peter Shumlin. From 2011 to 2014 he was Secretary of the Vermont Agency of Commerce and Community Development. Lawrence started his career as the founder and brew master of Otter Creek Brewing, in Middlebury, Vermont. After the successful sale of Otter Creek in 2002, he worked as an independent small business advisor. From 2008 through 2010, he was CEO of Danforth Pewter. Lawrence also supported the development of the Flexible Capital Fund and VSJF’s peer to peer advising services (then named the Peer to Peer Collaborative). He currently serves on the board of the National Bank of Middlebury, and has previously served on the boards of VSJF, the Vermont Economic Development Authority, Vermont Economic Progress Counsel, Clean Energy Development Fund, Vermont Brewers Association, and the Brewers Association of America.
Allison Hooper is a pioneer of artisan cheesemaking, entrepreneur and co-founder of Vermont Creamery. For more than 34 years, Allison has been at the helm of the artisan cheese industry, introducing goat cheeses, cultured butter, and crème fraiche to the American palate. In 2012 she and her business partner Bob Reese started Ayers Brook Goat Dairy in Randolph Vermont to supply goats’ milk to the creamery and practice improved genetics, nutrition, and goat husbandry as a resource for aspiring goat farmers. A former president of the American Cheese Society (ACS) and the founding president of the Vermont Cheese Council, Allison has been a voice for U.S. cheesemakers and a mentor to fellow entrepreneurs in the specialty food industry. She was named one of the “most innovative women in food and drink” by Food & Wine and Forbes magazines in 2015. Vermont Creamery was acquired by Land O’Lakes, a farmer owned Cooperative. Allison’s family retained ownership of the Ayers Brook Goat Dairy.
Chief Revenue Officer,
Chris Fraser is Image Relay‘s Chief Revenue Officer where he brings deep SaaS industry experience, having been an early member of multiple successfully exited companies including CloudLock (Cisco) and Conjur (CyberArk). Prior to joining Image Relay, Chris was VP of Strategic Accounts (Sales) at [PLACE], where he built the early go-to-market team responsible for initial market positioning and growth. Before that he led enterprise sales at Conjur and global mid-market and SMB sales at CloudLock. Chris acts as a mentor and adviser for several early stage companies throughout New England as well as a Lead Mentor for Techstars NYC Accelerator. Chris himself is an alumni of Techstars NYC Accelerator and has presented at Finnovate NYC, Dallas Cybersecurity Summit and Cybersecurity International Symposium. Chris hold a bachelor’s degree from Bentley University, and holds black belts in 5 martial arts.
Founder + CEO
Cheryl Clements is the Founder + CEO of PieShell a crowdfunding platform for food- and beverage focused companies. Cheryl has 20 years of installing ERP systems at Fortune 500 companies and brings that best practice methodology to early-stage entrepreneurs to help them grow and scale.
Jane’s Trust Foundation
Mentors provided by
DeltaClimeVT coordinates with mentors comprised of industry experts, successful entrepreneurs, business advisors and investors throughout the program. Cohort members work directly with mentors during the three sprints in addition to socializing with them at extracurricular social events as well as other business events.