LATERAL Awarded $100,000 Matching Grant from Business Oregon
LATERAL.systems LLC (LATERAL), a AgTech Platform Company, announced that Business Oregon awarded LATERAL with matching SBIR Phase II funds. LATERAL was named with five Oregon Phase II recipients to catalyze new innovations.
LATERAL is entering a pilot phase of the LATERAL Edge MVP V1 Technology Preview whose motivation is to provide smart agriculture technologies as the world’s relationship with food is changing in response to pressures related to health, climate, energy, and scarcity of fresh water.
“LATERAL is thrilled to announce recognition from Business Oregon in awarding a $100,000 matching grant to our USDA NIFA SBIR Phase II grant from October 9th. 2023. This award demonstrates Oregon’s commitment in the advancement of AgTech startup companies.” – Dr. Jennifer Wells, CEO