Agriculture Business Plans

Rochester, NY – May 31, 2019 – New York State and Cornell University today announced a transformative competition and forthcoming investment in Upstate New York’s food and agriculture economy by launching Grow-NY, a food innovation and agriculture technology business challenge.Grow-NY is an unprecedented business competition focused on enhancing the emerging food and agriculture innovation cluster currently present in the Finger Lakes, Central New York, and the Southern Tier regions.Planning your farm business involves more than is outlined on this page alone.

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“Continuing to build on our investments in agriculture, we’ve launched the Grow NY competition to fund and support startups in the industry.

We are committed to fostering innovative ideas, boosting job growth, and promoting our farms and agricultural products that will further strengthen the economy.” The Grow-NY region includes a broad swath of Upstate New York’s most vibrant farmlands as well as several major urban centers, including Rochester, Syracuse, Ithaca and Binghamton.

Applications are open for the start of its year-one application period, which runs through July 15.

“New York has among the best food products in the world, and the agricultural industry is an important part of our upstate economy,” said Lieutenant Governor Kathy Hochul, who made today’s announcement.

It states your business goals, why you think you can achieve them, and lays out your plan for doing so.

Farm business planning is also a process, not an end product.The farm community has long relied on Cornell’s cutting-edge research and business development to support what we do, and this region’s startups will benefit from this unique competition.Innovation will drive the future of agriculture, and today’s event is a welcomed effort to capitalize on that potential,” said David Fisher, New York Farm Bureau President To learn more about the competition’s details, including timeline, prize details, eligibility and residency requirements, visit About Empire State Development Empire State Development (ESD) promotes a vigorous and growing state economy, encourages business investment and job creation, and supports diverse, prosperous local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance. About the Cornell Center for Regional Economic Advancement The Cornell Center for Regional Economic Advancement (CREA) supports economic impact in Upstate New York through entrepreneurship and innovation.Botanical Bounty is an existing farm dedicated to the production of botanical perennials. By leveraging a well thought out business plan executed by a skilled management team, Botanical Bounty will generate over 6,000 in year three sales.Botanical Bounty has been formed as an Oregon-based Limited Liability Corp. Keys to Success Botanical Bounty has identified three keys that will be instrumental in their success.In each of the next three years, Grow-NY will award a total of million in prize money to seven winners, all payable in stages, based on business milestones.This includes a

Farm business planning is also a process, not an end product.

The farm community has long relied on Cornell’s cutting-edge research and business development to support what we do, and this region’s startups will benefit from this unique competition.

Innovation will drive the future of agriculture, and today’s event is a welcomed effort to capitalize on that potential,” said David Fisher, New York Farm Bureau President To learn more about the competition’s details, including timeline, prize details, eligibility and residency requirements, visit About Empire State Development Empire State Development (ESD) promotes a vigorous and growing state economy, encourages business investment and job creation, and supports diverse, prosperous local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance. About the Cornell Center for Regional Economic Advancement The Cornell Center for Regional Economic Advancement (CREA) supports economic impact in Upstate New York through entrepreneurship and innovation.

Botanical Bounty is an existing farm dedicated to the production of botanical perennials. By leveraging a well thought out business plan executed by a skilled management team, Botanical Bounty will generate over $216,000 in year three sales.

Botanical Bounty has been formed as an Oregon-based Limited Liability Corp. Keys to Success Botanical Bounty has identified three keys that will be instrumental in their success.

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Farm business planning is also a process, not an end product.The farm community has long relied on Cornell’s cutting-edge research and business development to support what we do, and this region’s startups will benefit from this unique competition.Innovation will drive the future of agriculture, and today’s event is a welcomed effort to capitalize on that potential,” said David Fisher, New York Farm Bureau President To learn more about the competition’s details, including timeline, prize details, eligibility and residency requirements, visit About Empire State Development Empire State Development (ESD) promotes a vigorous and growing state economy, encourages business investment and job creation, and supports diverse, prosperous local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance. About the Cornell Center for Regional Economic Advancement The Cornell Center for Regional Economic Advancement (CREA) supports economic impact in Upstate New York through entrepreneurship and innovation.Botanical Bounty is an existing farm dedicated to the production of botanical perennials. By leveraging a well thought out business plan executed by a skilled management team, Botanical Bounty will generate over $216,000 in year three sales.Botanical Bounty has been formed as an Oregon-based Limited Liability Corp. Keys to Success Botanical Bounty has identified three keys that will be instrumental in their success.In each of the next three years, Grow-NY will award a total of $3 million in prize money to seven winners, all payable in stages, based on business milestones.This includes a $1 million top prize, two $500,000 prizes, and four $250,000 in prizes. “A panel of judges will review all of the applications, and all finalists will pitch their business ideas and plans to a live audience and judges during the final competition phase,” explained Tom Schryver, executive director of Cornell University’s Center for Regional Economic Advancement.“New York’s agricultural industry is one of the best in world, and the Grow-NY competition will attract innovative start-ups focused on this industry to put down roots in Upstate New York,” Governor Cuomo said.“By bringing in new companies to find new ways to transform our state’s food and agricultural industry, we are continuing to bolster these regional economies and foster growth in this critical industry statewide.” Lieutenant Governor Kathy Hochul helped share the news today with the official launch of the program.The Center for Agroecology has a Small Farm Business Planning publication that goes over many of the basics in a step by step format.compilation of links to calculators, applets, spreadsheets, courses, manuals, handbooks, simulations, animations, videos and more.

million top prize, two 0,000 prizes, and four 0,000 in prizes. “A panel of judges will review all of the applications, and all finalists will pitch their business ideas and plans to a live audience and judges during the final competition phase,” explained Tom Schryver, executive director of Cornell University’s Center for Regional Economic Advancement.“New York’s agricultural industry is one of the best in world, and the Grow-NY competition will attract innovative start-ups focused on this industry to put down roots in Upstate New York,” Governor Cuomo said.“By bringing in new companies to find new ways to transform our state’s food and agricultural industry, we are continuing to bolster these regional economies and foster growth in this critical industry statewide.” Lieutenant Governor Kathy Hochul helped share the news today with the official launch of the program.The Center for Agroecology has a Small Farm Business Planning publication that goes over many of the basics in a step by step format.compilation of links to calculators, applets, spreadsheets, courses, manuals, handbooks, simulations, animations, videos and more.