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WASHINGTON, D.C., October 7, 2016 – The American Farm Bureau Federation recently announced the top 10 teams in the 2017 Farm Bureau Rural Entrepreneurship Challenge. The challenge, now in its third year, provides opportunities for individuals to showcase business innovations being developed in rural communities throughout the U.S. It is the first national business competition focused exclusively on rural entrepreneurs working on food and agriculture businesses.
Of 365 applicants, 10 teams – four finalists and six semi-finalists, were selected. Farmzie was one of the six semi-finalists in the competition, and recieved an award of $10,000, thanks to the generous sponsorship of Farm Credit. Upon receiving the award, Farmzie Team Leader, Griffe Youngleson, expressed deep appreciation and gratitude, explaining how the award funds would "go a long way in further development and expansion of the program".
This is the second year in a row North Carolina has been a finalist in the Rural Entrepreneurship Challenge
AFBF President Zippy Duvall made the announcement at the organization’s October board of directors meeting,
“Entrepreneurship is alive and well in rural America,” Duvall said. “It’s a pleasure to recognize these 10 outstanding businesses. The FB Challenge addresses some of the unique obstacles entrepreneurs typically face, namely, limited options for support such as startup funding.”
The Farm Bureau Rural Entrepreneurship Challenge is the first national business competition focused exclusively on rural entrepreneurs working on food and agriculture businesses. Rural entrepreneurs pitch innovtive business ideas to a team of judges with expertise in business develop
The top 10 challenge teams were selected by 15 judges with expertise in business development, agribusiness lending and entrepreneurial coaching.
About the American Farm Bureau Federation
With family members at the county or parish level in all 50 states and Puerto Rico, the American Farm Bureau Federation is the unified national “Voice of Agriculture,” working to enhance and strengthen the lives of rural Americans to build strong, prosperous agricultural communities. AFBF is the nation’s largest and most influential grassroots organization of farm and ranch families. Follow AFBF on Twitter (@FarmBureau) and Facebook. The challenge timeline, detailed eligibility guidelines and profiles are available online at http://www.strongruralamerica.com/challenge.