NAK TechLab launches to boost the digital agricultural revolution.
The National Chamber of Agriculture (NAK) and Design Terminal launch the NAK Tech Lab to direct the enterprising young people towards the agricultural sector. In Hungary, agriculture is one of the least digitized sectors and to change this situation a comprehensive initiative is needed. Therefore the program connects promising startups with major corporations and investors. The program kicked off with the Agrotech Hackathon in March, where in just 24 hours 13 innovative concepts were developed.
- Improving the efficiency of agriculture
The Agrotech Hackathon (22-23 March 2019) was a 24-hour innovation concept competition where teams could test their skills against each other.
As a consequence of a rising global population, demand for foodstuffs has increased significantly. Therefore the hackathon teams were asked to come up with any solutions that could help increase the efficiency of agriculture: agricultural machinery, analysis and exploitation of data, sensors, drones, new irrigation solutions, efficient and environmentally-friendly farming.
Teams received professional help from mentors and experts in the sector in resolving the challenge. The program primarily relied on input from young innovators and initiatives still in the gestation phase. Thanks to the program, the attention of hundreds of talented students was focused on the agricultural sector. Most of the applicants came from other relevant fields and the rest from the agricultural industry.
NAK Tech Lab
The success of the hackathon proved that there is a demand for innovation in agroindustry and that there are many opportunities for young entrants, startups or corporations. The NAK Tech Lab incubation program is designed to put this process on a fast-track. It is tasked with using its innovation programs to boost agribusiness. The National Chamber of Agriculture and Design Terminal seek the most innovative agro startups and connect them with agricultural corporates through further events. The long-term goal is to increase the competitiveness of Hungarian farmers, establish the foundations for the sustainability of agricultural production, and ensure a regular supply of agricultural experts.