
National Institute of Food and Agriculture
Description
The National Institute of Food and Agriculture (NIFA) is a federal agency within the United States Department of Agriculture (USDA), serving as a primary extramural funding arm for agricultural research, education, and extension. Unlike traditional venture capital firms, NIFA does not make equity investments but rather provides competitive grants and capacity funding to universities, colleges, and other organizations across the nation. Its core mission is to advance agricultural sciences, foster innovation, and address critical societal challenges related to food security, sustainable agriculture, and rural development. NIFA plays a pivotal role in supporting the scientific foundation for the nation's food and agricultural system.
NIFA's funding mechanisms are diverse, supporting a wide array of projects from fundamental research to applied solutions. Its flagship program, the Agriculture and Food Research Initiative (AFRI), is a competitive grants program that has awarded over $2.6 billion since its inception in 2009, making it a significant source of funding for groundbreaking research. Additionally, NIFA administers Small Business Innovation Research (SBIR) grants, which provide opportunities for small businesses to engage in federal research and development. The agency's substantial financial commitment is underscored by its annual budget, which for Fiscal Year 2023, saw a request of approximately $1.7 billion to support its various initiatives and programs.
The typical "check sizes" or grant awards from NIFA vary significantly based on the program and project scope. Smaller, initial grants, such as those for planning or early-stage research, can range from approximately $50,000 to $150,000, with SBIR Phase I grants often falling into this range. For more extensive, multi-year research projects or large-scale collaborative initiatives, awards can extend into the millions. Some major coordinated agricultural projects or centers of excellence funded through programs like AFRI can receive grants exceeding $5 million, and in some cases, up to $10 million or more. NIFA's funding is instrumental in driving scientific discovery, fostering a skilled workforce, and translating research into practical applications that benefit American agriculture and consumers.
Investor Profile
National Institute of Food and Agriculture has backed more than 35 startups, with 2 new investments in the last 12 months alone. The firm has led 34 rounds, about 97% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Grant rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Education, Universities, Higher Education.
- Led 2 rounds in the past year.
- Typical check size: $50K – $10M.
Stage Focus
- Grant (100%)
Country Focus
- United States (100%)
Industry Focus
- Education
- Universities
- Higher Education
- Health Care
- Agriculture
- Biotechnology
- E-learning
- Training
- Manufacturing
- Non Profit
Frequently Asked Questions
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