Agro Innovation Lab ^Hubs

BayWa AG and Raiffeisen Ware Austria AG (RWA) teamed up in Vienna to found the joint innovation platform Agro Innovation Lab. The mission is to foster and implement new technologies or strategies, which increase efficiency, conserve resources or significantly improve the lives of farmers and consumers. Participants are also able to utilise funds from a €100,000 programme budget and have the opportunity to secure further investments down the line. Agro Innovation Lab collaborates closely with each start-up over a five-month period to design joint innovation projects that, based on any given participant’s needs, focus on go-to-market or business expansion strategies.