The agricultural cooperative has formed an accelerator called Dairy Accelerator that will provide $25,000 each to its dairy-focused participants.
US-based food supplier and agricultural cooperative Land O’Lakes has launched an accelerator that will invest in dairy-themed startups, AgFunder News has reported.
Dairy Accelerator will operate as a three-month initiative, with participants each receiving a $25,000 stipend while they prepare to pitch their product to Land O’Lakes executives.
In order to be eligible, companies must make at least $200,000 in annual revenue and have dairy as its primary focus.
Land O’Lakes’ marketing director for innovation and business development, Patrick Aaberg,…