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Pivot Bio Launches Pivot Pathways: A Generation Grant to Strengthen Farm Families, Rural Communities and the Next Generation of American Agriculture

New initiative provides grants to support its customers and employees

MINNEAPOLIS--(BUSINESS WIRE)--Pivot Bio, one of the world’s leading agtech companies, today announced the launch of Pivot Pathways: A Generation Grant, a new initiative designed to invest in the next generation of farm families, strengthen rural communities, and help preserve the multi-generational legacy of American agriculture.

The program will provide contributions to eligible customers and team members with dependent children, helping families create stronger financial pathways for the future through newly established Trump Accounts.

For Chris Abbott, chief executive officer of Pivot Bio, the initiative reflects something deeper than a financial contribution, it is a recognition that agriculture has always been built on legacy, stewardship, and the hope that every generation leaves the land, the business, and the community stronger than they found it.

“We committed early on to participate in this program for our team members,” Abbott said. “Additionally, after spending time with farmers across this country, one thing becomes incredibly clear, farming is never just about this season’s crop. It is about the next generation. Farmers think in decades, not quarters. They think about whether their children and grandchildren will have the opportunity to stay on the farm, grow the business, and continue a way of life that strengthens rural America. That mindset deserves more support. With average stock market growth and yearly maximum contributions, these children stand to have millions by retirement.”

As part of this program, the company anticipates these contributions will help rural America and ultimately provide more options for new generations of farm families.

Abbott said the company created Pivot Pathways to reflect the values it sees every day in the farm communities it serves.

“At Pivot Bio, we are all about supporting our team members, farmers and rural communities. Strong farms create strong communities. When farm families thrive, local schools stay stronger, main streets stay alive, and rural communities remain places where families want to build their future,” Abbott said. “We believe one of the most important investments we can make is helping ensure the next generation has the opportunity to lead, grow, and carry that legacy forward.”

The initiative includes two distinct audiences:

  • For customers, Pivot Bio expects to provide $1,000-$5,000 in family grants to eligible active customers beginning with the 2027 growing season. The company is not able to donate directly to Trump Accounts based on current rules, but will be working with customers in hopes the contribution will be used for a child affiliated with the farm operation. The focus is on helping support the next generation of farm families and future agricultural leaders.
  • For employees, Pivot Bio plans an annual contribution of up to $1,000 per child for eligible U.S.-based full-time team members with dependent children, with the aggregate annual contribution amount not to exceed the $2,500 IRS limit per employee. This program is in addition to its other benefits and programs, reinforcing its continued leadership in the ag industry as an admired place to work.

The program also reflects Pivot Bio’s broader belief that American agriculture is one of the country’s most important strategic assets, feeding, fueling, and clothing the world while serving as the foundation of thousands of local economies.

“If we want stronger agriculture tomorrow, we have to invest in the families building it today,” Abbott added. “This is about more than accounts. It is about a belief in rural communities, and a belief that the future of American agriculture is worth investing in. With this program, we are proudly investing in thousands of kids every year.”

"Trump Accounts are a transformative policy initiative that will help unlock the American Dream for millions of children. It is encouraging to see our nation's leading companies, including Pivot Bio, supporting this effort by offering contributions for their employees," said U.S. Treasury Secretary Scott Bessent. "Thanks to President Trump's leadership, momentum continues to build as more companies and institutions participate, helping the next generation of Americans become shareholders in the world's most vibrant capital markets."

“It’s great to see leading Minnesota companies like Pivot Bio empowering the next generation by investing in Trump Accounts,” said Congressman Tom Emmer. “This kind of partnership is paving the way forward to bright futures for families.”

Additional program details, eligibility requirements, and enrollment information will be shared with customers and employees once available.

About Pivot Bio

Pivot Bio, one of the world’s leading agtech companies, delivers patented crop nutrition technologies that harness the power of nature to help farmers reliably and productively grow the food the world needs in the face of increasing volatility. Currently available in North America and soon in Brazil, the company’s products represent a breakthrough innovation and one of the agriculture industry’s most promising solutions. Pivot Bio has been recognized three times by TIME magazine on its annual list of Best Inventions, by Fast Company on its World Changing Ideas and World’s 50 Most Innovative Companies lists, by CNBC on its Disruptor 50 list, by Fortune on its Impact 20 list, and by MIT Technology Review as one of 15 climate tech companies to watch. For more information, visit PivotBio.com.

Contacts

Media contact: media@pivotbio.com

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