A review of accelerators and incubators (A&I) providing support to food and agribusiness (F&A) entrepreneurs reveals there are many public and private entities spanning a wide variety of structures and business models. Over the past two to five years, there has been an influx of new A&I support entities working either directly or indirectly with the F&A entrepreneurs.
The A&I ecosystem is highly heterogeneous, often with conflicting commercial goals. A&I also operate in an increasingly competitive environment to attract start-ups and crucial funding. This leads to a decreased willingness to co-operate, and share practices and know-how. Initiatives are often similar and uncoordinated. Although there are real success stories, A&I are not operating effectively to deliver optimal results for the investment.
Key insights and a full review into the sector are outlined in our Supporting Entrepreneurship in the Food and Agribusiness Industry report, found in the link below:
SUPPORTING ENTREPRENEURSHIP IN THE FOOD AND AGRIBUSINESS INDUSTRY
For a summarised version, view our infographic - Accelerator and Incubator Support in Australia's F&A sector:
ACCELERATOR AND INCUBATOR SUPPORT IN AUSTRALIA'S F&A SECTOR