Management Report 2020 slide image

Management Report 2020

Management Report 2020 SLC Agrícola Innovation Researching, developing and incorporating new technologies and solutions for agribusiness is one of the growth drivers in which we invest to increase efficiency and productivity on our farms. We are a pioneering company (early-adopter) in integrating these technolo- gies, because we believe in the competitive advantages of this oper- ational model. Agricola The AgroExponential Program, in partnership with the innovation consulting firm Innoscience, is one of our fronts for connecting with startups. The second edition, which occurred in 2020, selected six companies to carry out the prototyping of solutions on our farms, for which three rollouts were approved. The Ideas&Results Program focuses on fostering innovation among our employees. With the support of training and education in inno- vation methodologies, the platform opens opportunities for profes- sionals to suggest improvements and new businesses connected to our challenges. By the end of 2020, nearly 200 ideas had already been presented, six of which already have rollout plans approved, given their success in testing phases and the evaluation of results. Last year, we also developed a new business model to expand innovation in our business model, with the creation of SLC Ventures to operate in two strategic vectors. The first is for direct investments by the company in startups with innovative solutions and a minimum viable product (MVP). The second vector is for selecting projects with prospects for causing high impacts on development in a controlled environment (ven- ture building). 16
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