Fukaya City Announces Partnership with Grand Farm at Cultivate Conference

Key Highlights:

  • Fukaya City partners with Grand Farm to enhance the AgTech ecosystem globally.

  • Announced at the Cultivate conference on June 13, 2024.

  • Focus on international innovation in agriculture through collaboration.

  • Supported by the Japan External Trade Organization (JETRO).

  • Notable figures expressed their enthusiasm for the partnership.

Source (Direct)

Notable Quotes:

“We are honored to enter into a partnership with Grand Farm, a leading AgTech ecosystem builder in the United States. We recognize that there are differences in the characteristics of AgTech in the American and Japanese markets. By complementing each other in these differences, we aim to continuously develop the AgTech ecosystem in both countries. We look forward to collaborating with Grand Farm in the future.”

Takahiro Fukushima, Representative at Fukaya City

“Over the last few years, we’ve had the pleasure of learning about the robust Japanese AgTech ecosystem and how Fukaya City and Deep Valley are going to be leaders for that ecosystem. We’re so excited to build a bridge between North Dakota and Japan to support AgTech startups. None of this innovation is possible without this type of collaboration.”

Andrew Jason, Ecosystem Director at Grand Farm

“Japan has emerged as one of the largest sources of FDI [foreign direct investment] in the state. Grand Farm is playing a pivotal role in enhancing ties with Japan in the AgTech sector through this collaboration. We eagerly anticipate observing how Grand Farm will continue to cultivate and expand opportunities.”

Drew Combs, Executive Director at North Dakota Trade Office

Our Take:

The partnership between Fukaya City and Grand Farm signifies a major leap forward in international AgTech collaboration. By leveraging their respective strengths, both entities aim to create a synergistic relationship that will drive agricultural innovation across borders. Fukaya City's Deep Valley initiative, supported by JETRO, showcases Japan's commitment to fostering global AgTech ecosystems. This collaboration not only strengthens the ties between North Dakota and Japan but also sets a precedent for future international partnerships in the AgTech sector. Through shared knowledge and resources, this partnership is poised to yield significant advancements in agricultural technology, benefiting both the American and Japanese markets.