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Grow-NY

AgTech & FoodTech · Run by Cornell Center for Regional Economic Advancement (CREA) · NY

Verified Oct 1, 2026Official websiteHow to apply

Every field is checked against a primary source where we can. How we verify.

The facts

All fields verified Oct 1, 2026
Terms model
Equity for cashInvests cash in your company and takes equity (an ownership stake) in return.
Investment
$3,000,000 in prizes per round, including a $1,000,000 top prize
Equity taken
2% to 3% (warrant: 3% of fully diluted capitalization for the $1,000,000 award, 2% for the $500,000 and $250,000 awards; winners may choose a SAFE instead)
Program length
Not published
Format
In person
Location
NY
Cohorts per year
1
Cohort size
up to 20 finalists, 7 winners
Stage focus
early-stage food and ag tech
Sub-vertical
food and agriculture technology
Demographic focus
Not published
Backers
Cornell University, Empire State Development
Notable alumni
Not published

Terms notes: An annual food and agriculture technology business competition run by Cornell's Center for Regional Economic Advancement and funded by Empire State Development. Each round awards $3,000,000 across seven winners (one $1,000,000 award, two $500,000 awards, and four $250,000 awards), paid in stages based on business milestones. Winners must sign a 'Pay It Forward' investment agreement with Cornell University: either a warrant for 3% of fully diluted capitalization (for the $1,000,000 award) or 2% (for the $500,000 and $250,000 awards), or a SAFE; proceeds are reinvested in future rounds. Winners must maintain a presence in the Grow-NY region of upstate New York for at least 12 consecutive months. Round 8 applications ran March 1 to May 15, 2026, with the pitch summit November 12 to 13, 2026.

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Terms in plain English

Grow-NY is an annual food and agriculture technology business competition run by Cornell's Center for Regional Economic Advancement and funded by Empire State Development. It awards $3,000,000 each round across seven winners, with $1,000,000 as the largest single award, paid in stages as business milestones are met. The awards come with an equity requirement: each winner must give Cornell University either a warrant for 3% of the company's fully diluted capitalization (for the $1,000,000 award) or 2% (for the $500,000 and $250,000 awards), or a SAFE, a simple agreement for future equity. Winners also commit to operating in one of the eligible upstate New York regions for at least 12 consecutive months after the award. It is a competition rather than a fixed-length cohort program.

Who this is actually for

Early-stage food, beverage, and agriculture technology founders willing to establish or grow operations in an eligible upstate New York region in exchange for a shot at award funding, knowing that winners grant Cornell University a 2% to 3% warrant or a SAFE. Suited to teams that can pitch a scalable ag or food innovation and are open to an upstate New York base.

Grow-NY application deadlines

  • Next round (annual competition, applications typically open in early spring): Timing expected, exact dates not yet confirmed.

    Verified Oct 1, 2026Source

Frequently asked questions

When is the next Grow-NY application deadline?
A specific application window for Grow-NY is not yet published. Timing is expected but not confirmed.
How much does Grow-NY invest?
Grow-NY lists an investment of $3,000,000 in prizes per round, including a $1,000,000 top prize.
How much equity does Grow-NY take?
Grow-NY lists equity of 2% to 3% (warrant: 3% of fully diluted capitalization for the $1,000,000 award, 2% for the $500,000 and $250,000 awards; winners may choose a SAFE instead).
Where is Grow-NY located and is it in person?
Grow-NY is based in NY and runs an in person program.
Is Grow-NY still active?
As of our last check on Oct 1, 2026, Grow-NY is active.

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Plain-English mechanics, with worked hypothetical numbers.

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Sources

Everything above was checked against these, verified Oct 1, 2026.