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Date of this Version
12-4-2019
Document Type
Article
Citation
https://innovate.unl.edu/news/combine-receives-sba-award
Abstract
In September 2019, Invest Nebraska (https://investnebraska.org) announced its new incubator program, called the Combine (https://nebraskacombine.com/). This program is a statewide initiative to support high growth companies in food and agriculture. The program provides support to help companies commercialize nascent technologies that are being developed in the state – including those at the University of Nebraska-Lincoln. The incubator is housed on Nebraska Innovation Campus in Lincoln, and it represents the aggregation of five entities’ efforts to build ag-tech businesses in Nebraska – NUtech Ventures, Invest Nebraska, The Nebraska Food Processing Center & Greenhouse Innovation Center, the Robert B. Daugherty Institute, and the Biotech Connector. This team effort has helped the Combine get off to a glowing start. Just last week, the company received national recognition when the incubator received a $50,000 Growth Accelerator Fund award. This competition involved the disbursement of $3 million dollars across thirty-nine states and sixty separate winners. In providing the awards, Acting SBA Administrator, Chris Pilkerton stated: “Over the past five years, the competition has provided awards to innovative and promising accelerators and incubators. This year’s recipients, who will each receive an award of $50,000 from the SBA.”