The American Farm Bureau Federation (AFBF) is seeking entrepreneurs to apply online for the 2024 Farm Bureau Ag Innovation Challenge. 

Now in its 10th year, the national business competition showcases U.S. start-up companies developing innovative solutions to challenges faced by America’s farmers, ranchers and rural communities.

Farm Bureau is offering $165,000 in start-up funds throughout the course of the competition. The top 10 semifinalists will participate in a live-pitch competition at the AFBF Convention in January 2024 in Salt Lake City. 

Applications are open through May 12, and the 10 semifinalists will be announced Sept. 12. Each semifinalist will be awarded $10,000. Two Iowa companies — ChopLocal and ReEnvision Ag — were among the top 10 semifinalists in the 2023 competition.