Accelerator CNT Tech Co. , Ltd. announced on the 13th that it is recruiting companies to participate in the “2025 Agricultural and Food Technology Startup Accelerator Support Program (Subtitle: FAST TRACK)” to discover and foster agricultural and food startups. The recruitment period is until 5:00 PM on Tuesday, March 25, 2025, and applications can be submitted via Google Form (https://url.kr/9eetat).
This project is a specialized acceleration program in the agricultural and food sector hosted by the Ministry of Agriculture, Food and Rural Affairs and the Korea Institute of Agricultural Sciences and Technology and operated by CNT Tech Co., Ltd. for five consecutive years.
The recruitment target is startups or prospective startups that wish to attract investment in all fields of the agricultural and food industry, including green bio and food tech, and includes companies that have been in business for less than 7 years.
The selection process will consist of a first round of document evaluation and a second round of presentation evaluation, and a final selection of 10 companies. The selected companies will receive specialized investment attraction programs such as capacity building training, mentoring by field, IR (corporate briefing) consulting, investor and large company networking, and demo day.
Additionally, all companies selected for the FAST TRACK program can receive direct investment of up to 300 million won and recommendations for the TIPS program, and excellent companies will receive a prize of 5 million won at Demo Day.
CNT Tech has established and is operating the first agricultural and food startup incubation fund invested by the National Agricultural Policy Insurance and Finance Corporation and the food tech fund with food company Our Home. Over the past four years, it has incubated 49 companies and made direct and follow-up investments in more than 30 companies.
“Based on our experience supporting agricultural and food startups for the past four years, we will actively provide sales channel connections and a network of investment institutions to help the selected companies grow quickly,” said Jeon Hwa-seong, CEO of CNT Tech. “This year, we will execute more investment funds than in previous years to provide actual management funds to entrepreneurs and serve as a support for corporate growth through friendly equity relationships.”
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