The American Farm Bureau Federation announced today that an Anchorage business has won the 2017 American Farm Bureau Rural Entrepreneurship Challenge. Vertical Harvest Hydroponics was named Entrepreneur of the Year and won $30,000 out of $145,000 in start-up funds.
“Alaska farmers work very hard against the elements to grow local, sustainable and affordable produce. The systems made by Vertical Harvest Hydroponics will help bring fresher produce more economically to rural communities in Alaska,” says Bryce Wrigley, president of the Alaska Farm Bureau.
Vertical Harvest Hydroponics was one of four finalists who competed during the live competition at the America Farm Bureau’s annual convention in Phoenix. They were one of 356 agriculture-related businesses in the US who were competing.
Vertical Harvest Hydroponics designs and builds turnkey, hydroponic vegetable production facilities inside of 40’ insulated shipping containers. Engineered for the remote arctic environments, these systems allow produce to be grown 365 days a year, virtually eliminating the expensive and lengthy supply chain.
The Farm Bureau Rural Entrepreneurship Challenge, now in its third year, is a “Shark Tank” like competition exclusively focused on food and agriculture businesses. This provides a way for rural entrepreneurs to get assistance with start-up funding which helps improve economies in rural communities and build a stronger agriculture industry.