HUNTSVILLE – HudsonAlpha Institute for Biotechnology, in partnership with global venture firm and startup accelerator, gener8tor, announced the five startup companies selected for the fall cohort of the HudsonAlpha AgTech Accelerator. The 12-week accelerator invests $100,000 in each of five startups at the forefront of the agriculture technology industry.
The concierge business accelerator connects the startups with an engaged program team, a global community, and regional resources from both HudsonAlpha and gener8tor. Participating founders also receive comprehensive and individualized coaching along with access to gener8tor’s national network of mentors, customers, corporate partners and investors, to help them secure customers, accelerate their revenue growth and attract additional funding.
The companies in the Huntsville-based program are: Plants Without Borders, SetaTech, InTerra SmarTarget, COMU Labs, and Harmony Dx.
These five companies were selected from among hundreds of applications from around the world. Each went through a rigorous application and interview process before being selected.
”Supporting agriculture innovations is an area of deep importance for HudsonAlpha,” said Alex Cate, director of Entrepreneurship Programs at HudsonAlpha. “From mapping plant genomes and developing the next workforce of plant scientists, to supporting startups moving agriculture discoveries to market, HudsonAlpha is invested in the health of our agriculture economy.”
Together, gener8tor and HudsonAlpha aim to bring economic diversity and job growth to north Alabama. The HudsonAlpha Agtech Investment Accelerator’s third cohort is supported by the Growing Alabama Tax Credit program through the Alabama Department of Commerce.
Sponsors of the HudsonAlpha AgTech Accelerator include Breland Homes; Fuqua & Partners; Keel Point; Pearce Construction; Regions Bank; Synovus; and individual contributors.
“At gener8tor, our mission is to be the best partner for a community to invest in its best and brightest,” said Christopher Udall, the Accelerator’s managing director. “Our founders are the best and brightest, and I am excited to work with HudsonAlpha and help them accelerate their businesses.”
The accelerator will conclude Nov. 16, with a showcase event highlighting each of the five startups. Founders will have the opportunity to pitch their companies to investors, community partners and the public.
Investors, mentors and community members interested in connecting with the startup companies and programs are encouraged to contact Udall at [email protected].