MBOLD is excited to announce it is accepting applications for the next cohort of its Bold Growth: Scaling for Success in Food & Ag program.
Effective scaling by high potential companies is vital to the future of Minnesota’s food and agriculture ecosystem. The Bold Growth program accelerates the success of selected high-growth food and ag companies through tailored support from members of the MBOLD coalition and allied businesses.
Bold Growth was launched in 2021 to accelerate the success of high-growth Minnesota businesses and provides individualized support to address critical needs chosen by each cohort member, such as planning for their next growth horizon, vetting key business opportunities, honing their value proposition or growing financial resources while navigating the choppy waters of scaling up. The program targets post-accelerator companies with an annual revenue of $5 million – $20 million that have strong potential for growth.
This MBOLD program is led by Grow North and the Agricultural Utilization Research Institute (AURI), and welcomes Launch Minnesota as a supporter in 2022.
Eric Hall, CEO of So Good So You and member of the 2021 cohort, said, “We’ve had a phenomenal experience with Bold Growth. MBOLD spent a lot of time getting to know our business and what we were trying to solve for. They facilitated connectivity and sustained engagement by the right corporate leaders – people we wouldn’t have had access to otherwise. They were incredible partners. This program has helped us take our business to a whole new level.”
MBOLD will collaborate with successful applicants to identify each company’s unique needs and will design a 12-to-18-month engagement plan to support those needs. It will also secure ongoing advisory support from pertinent experts within MBOLD’s network to assist businesses where they need it most.
MBOLD is accepting applications from April 1 – April 30, 2022. Encouraged to apply are Minnesota-based businesses that advance a compelling food or ag innovation aligning with MBOLD’s mission to accelerate solutions to environmental sustainability and the growing global demand for food. There is a particular interest in high growth, innovative businesses in the protein space that are making meat and dairy proteins more sustainable or advancing plant and novel proteins. MBOLD is committed to advancing equity in food and ag entrepreneurship and encourages Black, indigenous and persons of color, as well as women-led businesses to apply. MBOLD is an initiative of GREATER MSP.
To learn more about the Bold Growth program and how you can apply, please visit MBOLD.org.