The aim of the 2022 AgriPitch Competition is to support agripreneurs by focusing on building the bankability of their businesses and ensuring that they are pitch ready for potential investors.
Entrepreneurs will be coached and mentored in an interactive and tailored two-week training to review, prepare and present their businesses for capital raising from investors.
The short listed successful agripreneurs will pitch to the judges and engage investors in the AgriPitch dealroom.
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Benefits
✓ Winning SMEs will access a total grant pool of USD 140,000.
✓ Shortlisted SMEs will receive access to one on one coaching and mentorship, access to the AgriPitch Dealroom, participation in the virtual bootcamp and six months post competition access to resources.
Other Benefits
✓ The AgriPitch online programme includes a training session (Bootcamp) on strategic partnerships for equity in agriculture, nutrition, and financing the youth and women.
✓ In the two-week-long business development boot camp, AgriPitch competitors can attend virtual sessions on product development, revenue channel identification, logistics, marketing, business management, investment readiness, financing, and other issues, led by trainers and coaches.
✓ Following the training and bootcamp, the participating agripreneurs will receive follow-up mentorship and coaching (virtually) for a period of six months. The mentorship activity will also link the AgriPitch participants to relevant resources throughout the six month period and beyond.
Who can apply?
1. Youth: Participants in the AgriPitch Competition are young people aged between 18 and 35 that own at least 25% of their business and are in leadership and management positions of the business.
2. Early start-ups: Enterprises from ideation stage with proof of concept.
3. Mature start-ups/MSMEs: Enterprises must be registered with existing market traction.
4. Women-empowered Businesses (WEBs): Firms with at least 51% share of women ownership or founded by a woman and with existing market traction
Eligibility Criteria
✓ Individuals who are at the very early stage of developing ideas/concepts for agripreneurship or a newly established business.
✓ Must have a clearly defined prototype or proof of concept.
✓ May or may not have had any products introduced to the market.
✓ May or may not have a registered corporate entity.
