Hosted by Rabobank, MIT J-WAFS & MIT Food & Agriculture Club

Interested in improving the global food and agriculture system? Applications are now open for the Rabobank-MIT Food & Agribusiness Innovation Prize to compete for $25,000 in prize money.

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.

Each team should include between two and five members, at least half of whom must be current graduate and/or undergraduate students from any US-based school. This prize is distinct from other competitions because of its specific focus on food and agribusiness and access it will provide successful entrants to the broad business community.


The competition takes place in two stages:

  1. Teams submit first-round applications from which finalists will be selected.
  2. 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 Spring 2017, finalists will present their business plan. $25,000 in total prize money will be awarded ($12K, $8K, and $5K for first through third place, respectively).

Whether you’re an individual looking to join a team or a team looking to add members, the application platform has a group formation tool to connect individuals together over ideas and skills. Start gathering your team now and submit your application for the first round.

The deadline to apply is December 23, 2016.

To learn more and to apply, visit the Rabobank MIT Food and Agribusiness Innovation Prize website.