Growers Edge, a provider of data-driven financial technology solutions for the agricultural industry, today announced it has been honored as the AgTech Finance Solution of the Year. Run by AgTech Breakthrough, a market intelligence organization, the inaugural AgTech Breakthrough Awards program recognizes innovative companies, technologies, and products in a range of agricultural and food technology categories.
“Generally, farmers and some of their bankers want to avoid financial risk – even when it could boost profitability and long-term sustainability – so the adoption curve for getting advanced technologies onto farms and into fields has been sluggish,” said Dan Cosgrove, CEO of Growers Edge. “Growers Edge is leading the drive to increase technology adoption by incentivizing farmers to take the leap – giving them a way to both manage risk and gain access to capital.”
Recognized for its focus on providing unique solutions and increasing the speed of ag technology adoption, Growers Edge alleviates the associated financial and operational risks for growers by giving them access to financial incentives and capital they need to transform their farming operations.
The inagural AgTech Breakthrough Awards program attracted more than 1,750 nominations from over 15 different countries around the world.