AGCO Agriculture Foundation and MANRRS Announce a Three-Year Partnership to Advance Minority Representation in the Agricultural Industry

Rhea-AI Summary

The AGCO Agriculture Foundation has launched a three-year partnership with Minorities in Agriculture, Natural Resources, and Related Sciences (MANRRS) to enhance diversity in the agricultural industry. This initiative aims to provide scholarships and internships for underrepresented students in key fields such as agronomy and engineering. Starting in late 2021, the program will benefit 16 minority students annually and include a development pathway for their careers. AGCO's commitment highlights the industry's need for innovation through diverse talent.

Positive

• Partnership with MANRRS to increase diversity in the agricultural workforce.
• Annual scholarships for 16 minority students, fostering inclusion.
• Internship opportunities in high-demand areas like agronomy and engineering.
• Long-term development programs aligning with career opportunities for students.

Negative

• None.

DULUTH, Ga.--(BUSINESS WIRE)-- The AGCO Agriculture Foundation (AAF), a private foundation committed to ending hunger through sustainable agricultural development, today announced a three-year partnership with Minorities in Agriculture, Natural Resources, and Related Sciences (MANRRS) to increase student representation from underrepresented backgrounds and to promote the agriculture industry as an admirable and sound career choice.

AGCO Agriculture Foundation announces partnership with MANRRS (Graphic: Business Wire)

Funded by the AAF, the project will provide scholarship opportunities for tailored internship roles and support for hiring talent from underrepresented groups. The focus areas will be agronomy, agribusiness, engineering, data science, software development, sustainability, field technicians, and related disciplines. The goal is to increase diversity and promote the agricultural industry as a viable career.

“AGCO Agriculture Foundation is committed to working to address the diversity gap in the U.S. agricultural industry,” said Metti Richenhagen, Director, AGCO Agriculture Foundation. “Our partnership with MANRRS enables a diverse group of young agricultural enthusiasts to gain knowledge, skills, and professional experience within high-demand areas of our industry.”

The scholarship program will launch in late 2021, with internship commitments for the summer of 2022. In each of the next three years, the AAF will award 16 scholarships to selected minority students in the United States and, together with AGCO Corporation, will create a development and growth program for interns that will serve as a multi-year pathway to help minority students develop competencies and capabilities that align with post-collegiate career opportunities.

“Solving farmers’ most pressing challenges requires continuous innovation and diverse thinking. The AAF partnership with MANRRS enhances our ability to innovate for farmers by building a more diverse talent pipeline. We are thrilled to be able to offer these talented students development opportunities at AGCO,” said Eric Haggard, Director, Global Diversity, Equity and Inclusion at AGCO Corporation.

The program will be advertised and available at Historically Black Colleges and Universities (HBCUs) and other minority-serving institutions. The scholarships will also include invitations for the 16 selected students to participate in the MANRRS 36th Annual Training Conference and Career Expo. Across the United States, MANRRS has a database of over 8,000 members and 55 university and college chapters in 39 states.

“MANRRS is excited about this new program. Our funding support and partnership with the AAF will help more exceptional talents within our network develop their leadership skills while contributing to the transformation of the agri-food industry. To develop state-of-the-art innovation and make strides towards zero hunger, the agricultural industry must be well-positioned to attract diverse talent like our MANRRS members,” said Ebony Webber, Chief Officer of Operations, MANRRS National Office.

About the AGCO Agriculture Foundation (AAF)

The AGCO Agriculture Foundation (AAF), initiated by AGCO Corporation (NYSE: AGCO) in 2018, is a private foundation with the vision to prevent and relieve hunger. The foundation initiates impactful programs that support food security, foster sustainable agricultural development and build needed agricultural infrastructure in marginalized farming communities. AAF is domiciled in Vaduz, Liechtenstein and operations are managed from Duluth, Georgia, USA. For more information, please visit https://www.agcofoundation.org/

About MANRRS

MANRRS is a non-profit organization registered in the state of Michigan. MANRRS is a national society that welcomes membership of people of all racial and ethnic group participation in agricultural and related science careers. MANRRS attempts to provide networks to support professional development of minorities. It is a springboard for their entry into and advancement in careers where they otherwise could be lost in the sheer number and established connections of mainstream participants. For more information visit the national website www.manrrs.org

View source version on businesswire.com: https://www.businesswire.com/news/home/20211130005271/en/

Press contact

Metti Richenhagen, AGCO Agriculture Foundation

metti.richenhagen@agcocorp.com

Ebony Webber, MANRRS National Office

ebony.webber@MANRRS.org

Source: AGCO