Building networks, understanding the capital needs of your business and being flexible to deal with the unexpected are critical components for success in seeking investors in a start-up company.
These were some of the key messages from a panel of agriculture technology and food entrepreneurs who shared their advice learned during the Farm Bureau Agriculture Investment Summit on Jan. 7. The summit, held during the American Farm Bureau Federation’s 2017 Annual Convention & IDEAg Trade Show, connects ag entrepreneurs with investment associates from venture capital funds, accelerator programs and Rural Business Investment Companies, which allow the Agriculture Department to facilitate private equity investments in agriculture-related businesses.
Justin Renfro of Kiva moderated the panel, which was comprised of Michael Koenig, president of ScoutPro, Inc.; Stuart McCulloh, ScoutPro’s director of customer success; Janette Barnard, founder and CEO of The Poultry Exchange; and Dane Kuper and Dustin Balsley, founders of Performance Livestock Analytics, Inc.
View full article at: http://www.fb.org/newsroom/entrepreneurs-share-insights-for-taking-on-investors