Urgent Call For Applications: Apply For 2023 Agribusiness Innovation And qualify over 500k Free Equity Grant
Sunday, 24 September 2023
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Urgent Call For Applications: Apply For 2023 Agribusiness Innovation And qualify over 500k Free Equity Grant....CONTINUE READING
The Global Alliance for Improved Nutrition (GAIN), a Swiss-based foundation launched at the UN in 2002 to tackle the human suffering caused by malnutrition in partnership with the Nigeria Climate Innovation Center (NCIC) has co-created the Agribusiness Innovation Challenge to attract eligible agritech startups with solutions for improving the food supply chain in Nigeria.... CONTINUE READING
The Challenge aims to identify, develop, and scale innovative solutions to food safety challenges and a healthier food supply chain that can meet the needs of a growing population while also addressing the urgent challenges posed by climate change in Nigeria....
In addition, the challenge which is a part of GAIN’s Strengthening Nutrition in Priority Staples project provides technical assistance training to women and youth-led start-ups to strengthen their capacity, improve their access to financial services, and develop their business concepts leveraging innovation to improve food supply chain efficiency in Nigeria.
Eligibility
Women and Youths aged 18-35 years (Female applicants are strongly encouraged to apply)
Applicants must have Agri-business innovations that can address and solve the Food Supply Chain challenges in Nigeria.
Shortlisted candidates should be willing to commit to all program deliverables.
Finalists should be willing to test and replicate their solutions in the following states of Nigeria; Benue, Kaduna, Nasarawa and Ibadan
All Applicants must have businesses registered with the Corporate Affairs Commission (CAC)
Challenge Areas
The challenge seeks solutions that address any of these thematic areas.
This challenge welcomes solutions or viable products that address FOOD SUPPLY CHAIN challenges with an outcome of achieving food safety and quality as well as healthier diets for all.
Examples of solutions may include and not limited to the following thematic areas:
Benefits
Shortlisted early-stage startups with a Minimum Viable Product should expect to go through the following process from the program;
Pitch Readiness
BootCamp,
Mentorship Community
Technical Assistance Program
Demo Day
Deal Day
$16,000 EQUITY-FREE GRANT
Terms and Conditions
Participants of the Agribusiness Innovation Challenge events stand a chance to win sponsored cash and technical assistance prizes.
However, the Judges have the sole responsibility of, and discretion in selecting winners, and the judges’ decisions are final. The value of these prizes is to be at the sole discretion of the organizers.
Prize winners must use cash or technical assistance prizes for business or research purposes related to agritech innovation.
Participants who are awarded a prize shall be obliged to sign a grant agreement with GAIN detailing how they intend to use the prize funds, including a disbursement schedule.
The judges and/or organizers shall have the right to withdraw any cash prize from a participant who fails or refuses to comply with the obligation in this clause.
Prize recipients will be expected to share periodic reports detailing how the funds are being used, as agreed with the organizers.
To the fullest extent permitted by law, the organizers will not be liable for the cancellation/postponement/change of sponsored prizes.
Method Of Application
Interested Applicants should kindly Click Here To Apply👇
Dateline 19th October 2023
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