AGCO Agriculture Foundation Launches Call for Applications for Grant Cycle
Rhea-AI Summary
The AGCO Agriculture Foundation has launched its Call for Applications for Grant (CAG) program, seeking proposals from nonprofit organizations to support youth-led innovations for sustainable agri-food systems. The Foundation is offering grants ranging from $400,000 to $450,000, disbursed over a three-year project duration.
The program aims to encourage younger innovators in agriculture, focusing on developing solutions for regenerative agriculture, climate resilience, and technology innovations. Eligible nonprofits must target youthful innovators, young farmers, and small to medium-sized enterprises working on agri-food systems for young people.
The grant application platform, managed through Benevity, will run from October 1 to November 29, 2024. Applicants must meet eligibility requirements and adhere to the thematic focus outlined in the terms of reference. The Foundation's initiative aligns with AGCO's purpose and the United Nations Sustainable Development Goals, recognizing the important role of youth in transforming and sustaining agri-food systems.
Positive
- AGCO Agriculture Foundation is offering substantial grants of $400,000 - $450,000 for youth-led agricultural innovations
- The initiative aligns with AGCO's purpose and UN Sustainable Development Goals, potentially enhancing the company's ESG profile
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- None.
The Foundation Seeks Proposals from Nonprofits to Support Youth-Led and High-Impact Innovations for Sustainable Agri-Food Systems
The Foundation invites nonprofit organizations registered and recognized as charitable under the law to apply for grant funding by submitting a grant proposal with grant funds
"As we continue to contribute to sustainable food systems, we need to encourage younger innovators to be involved in agriculture," said Roger Batkin, Board Chair of the Foundation. "By working with nonprofit partners to establish youth-focused agri-tech programs, we hope to both support and educate younger people who can help develop different solutions for the future, for regenerative agriculture, climate resilience and technology innovations applicable to various agriculture ecosystems."
In alignment with both AGCO's purpose to deliver farmer-focused solutions to sustainably feed our world and the United Nations Sustainable Development Goals, the Foundation recognizes the pivotal role of young people in transforming and sustaining agri-food systems and the broad spectrum of opportunities the agri-food sector provides for improving youth employment and livelihoods.
Through community investment software partner, Benevity, the Foundation grant application platform will run from October 1 to November 29, 2024.
Grant proposals from eligible nonprofits must target youthful innovators (including startups), young farmers and small and medium-sized enterprises with a focus on working to develop agri-food systems for young people. The Foundation recommends that all nonprofits thoroughly review all the materials for CAG 2024 before preparing and submitting an application.
The application deadline for CAG 2024 is November 29, 2024, at 5 p.m. EST. Please check the eligibility requirements prior to applying for this grant. The Foundation will only assess applications that meet the eligibility requirements of the CAG, adhere to the thematic focus and submit all required supporting documents as outlined in the terms of reference.
About AGCO
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers through its differentiated brand portfolio including core brands like Fendt®, GSI®, Massey Ferguson®, PTx and Valtra®. AGCO's full line of equipment, smart farming solutions and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth,
About AGCO Agriculture Foundation
Founded by AGCO Corporation (NYSE: AGCO) in 2018, the AGCO Agriculture Foundation is a private foundation with the vision to prevent and relieve hunger. The Foundation promotes impact programs that support food security, sustainable agricultural development and build the necessary agricultural infrastructure in marginalized farming communities. The Foundation is domiciled in
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SOURCE AGCO Corporation
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