LIC AgCelerator™ Fund
At LIC we've been improving the lives of our dairy farmer shareholders and customers for more than 100 years through innovation and co-operation.
The LIC AgCelerator Fund is a corporate venture fund specifically designed to invest in external start-up companies. The aim of the fund is to help innovators and entrepreneurs kick-start their products and get them launched into market or scale-up faster. The LIC AgCelerator Fund invests for strategic and financial benefits to LIC, and will consider investment in the pre-seed through to Series B stage.
The LIC AgCelerator Fund is tailored for individuals and entities seeking to develop innovations that will deliver value to the dairy industry by:
- Increasing productivity
- Improving animal health
- Providing diagnostic tools
- Improving traceability
- Enabling sustainable practises
- Advancing breeding techniques
- Improve efficiencies on farm to save time
- Leveraging big data to improve farm management.
LIC have a dedicated commercial team focused on new M&A opportunities that align with the cooperatives innovation-led, dairy focused strategy.
LIC has extensive knowledge of the New Zealand pasture-based dairy farming market and can offer successful applicants resources beyond just capital.
Apply now to the LIC AgCelerator Fund using the application form below.
Eleshea DSouza
Corporate Development Manager
Amy Gibb
Corporate Development Analyst
Rebecca Drake
New Ventures Analyst
Dion Cawood
Innovation and Transformation Advisor
