Agriculture Technology

Agriculture Technology Launch Terms

Startups advancing innovations in crop sciences, animal health, precision agriculture, sustainable farming, food technology, and agricultural biotechnology. These companies work to enhance productivity, sustainability, and efficiency in agriculture through new plant varieties, smart farming solutions, and novel bio-based technologies.

Launch Term	Requirements
Equity	5% equity at the founder’s round. Anti-dilution through series A or capital raise of $500 Thousand.
Annual License Payments	$10,000: Years 2 - 5 $25,000: Years 5+
Royalty (based on cumulative revenue)	1%: Less than $5 Million in revenue 1.5%: $5 Million to $20 Million 2%: Greater than $20 Million
Annual Minimum Royalty Payments until first commercial sale	Years 2 - 5; $10,000 Years 5+; $25,000
Sublicense Revenue Share	40% (Pre-Series A) 20% (Post-Series A)
Patent Expense Reimbursement	Two year deferment for past patent expenses. On-going international paid as incurred. US patent expenses deferred for 2 years.
Diligence Milestone	Raise at least $1 million in capital funding in 3 years. First commercial sale of licensed product in 10 years.

Access startup tools, grants, incubators, and mentorship through the Venture Center, Discovery Launchpad, and programs like MIN-Corps, Discovery Capital, and I-Corps.