The microbial technology of SumaGrow® won the Pitch Tank award at the 2016 FreedomFest, held in Las Vegas, Nevada, for its ability to increase crop quality and yield while decreasing fertilizer and water usage in agricultural production, according to a news release.
Five celebrity judges including Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, and John Mackey, co-founder and co-CEO of Whole Foods Market found enough potential in the technology to vote it the winning Pitch Tank product, beating out over 800 other hopeful applicants.
Before the announcement, moderator Greg Writer, CEO and founder of Angel Investors Network, asked the audience to choose a winner from the top five presenting companies. The audience chose SumaGrow®.
The other Pitch Tank celebrity judges included Kevin Harrington, an Original Shark on the ABC hit, Emmy winning TV show, "Shark Tank," Bernt Ullmann, President and CEO of Star Branding Equity Holdings, and Michelle Seiler-Tucker, best-selling author of "Sell Your Business for More Than It's Worth."
"We are talking about disrupting agriculture across the entire planet," said Mackey after SumaGrow® was announced the winner. "I think that is a pretty good opportunity." Mackey said he was impressed and will want to test SumaGrow®. thoroughly to confirm claims. The technology of SumaGrow promotes sustainable farming and agricultural conservation while increasing crop yields and improving fertilizer efficiency- reducing fertilizer costs and increasing or maintaining profits for the producer.
The technology of SumaGrow® contains soil microorganisms, selected for their ability to increase soil fertility and plant health, and is blended with liquid humates for easy application. SumaGrow® has been tested on hundreds of different crop types in varied climates and soil conditions. Overall, studies demonstrate that SumaGrow® products can increase yields 20% on average and decrease fertilizer applications up to 50%, depending on the crop and initial condition of the soil. Referenced in college textbooks, gardening books, and countless magazines, products containing SumaGrow® continue to make headlines because of its many benefits for the farmer, the soil, and the earth.