5 New Innovative Agricultural Business Ideas

2. Clean Technology

The clean energy revolution has reached the agriculture world as well. Farmers are increasingly looking towards clean tech options like electric tractors, solar powered wells, and biofuels to maintain sustainable farms which can essentially function forever. The costs associated with making clean tech purchases are reducing and the governments are also incentivizing the purchase of clean tech. For example, the Canadian government has dedicated more than $200 million towards subsidies aimed at helping the adoption for clean tech at farmlands. Startups like Agrisoma are offering products that increase the oil content in oil seed crops. This helps create more powerful biofuels for farmers that can be used for a variety of purposes. Agrisoma has already raised more than $35 million in funding over five rounds.