The following is excerpted from a press release originally posted on July 10, 2017 at agstartupengine.com
The Ag Startup Engine (ASE), located at the Iowa State University (ISU) Research Park, announced Veridian Credit Union (Veridian) has joined the effort to bring education, mentoring, and financing resources to Iowa entrepreneurs and startups focused on agriculture technologies.
The ASE, an agriculture-based accelerator program launched two years ago, provides agricultural entrepreneurs a structured means of moving from a startup concept to a seed-ready business. Working in partnership with ISU’s Startup Factory Accelerator, the program is implementing an infrastructure for mentoring, rapid prototyping, product development, financing, and customer acquisition.
Veridian joins Hertz Farm Management, Iowa Farm Bureau’s Renew Rural Iowa, Next Level Ventures, Summit Agricultural Group, Ag Leader Technologies, Ag Ventures Alliance, and Peoples Company as the eighth member of the ASE.
“Veridian will add a business lender’s perspective to the investment group,” said Kevin Kimle, director of Iowa State University’s Agricultural Entrepreneurship Initiative. “Verdian’s history from being founded as an agricultural business credit union, along with its innovative team, will bring great insight to the entrepreneurs at the Ag Startup Engine.”
Read the full press release at agstartupengine.com