The American Farm Bureau Federation today announced the 10 national semi-finalists of the first-ever Rural Entrepreneurship Challenge. The challenge provides an opportunity for individuals to showcase ideas and business innovations being developed in rural regions of the United States. One of the finalists is Minnesota’s Fergus Foods.
After a series of virtual team interviews, judges will choose four finalists to continue in the challenge. The four challenge finalists will each win $15,000. They will pitch their business ideas to a team of judges at the American Farm Bureau Federation 96th Annual Convention in January in hopes of winning the Rural Entrepreneur of the Year Award for an additional $15,000, and the Peoples’ Choice Award for $10,000 more, totaling prize money of up to $40,000 to implement their ideas.