Brief Description
The African Development Bank’s Youth Agripreneur AgriPitch Competition and DealRoom connects expansion-ready, youth-led African businesses with global investors (debt, equity and/or grant). The DealRoom focuses on youth-led agribusinesses under the themes of nutrition and gender inclusivity. The goal of the AgriPitch Competition and DealRoom is to promote innovation and entrepreneurship in agriculture among youth in Africa and to generate jobs, create wealth and improve livelihoods through inclusive growth across the continent.
Benefit
The African Development Bank will award shortlisted businesses between US$10,000 and US$40,000 in the form of grant capital (US$120,000 in total is committed).
Eligibility
Sector of focus: Agribusiness
Company meets the criteria for a category:
Start-ups: Must have a clearly defined prototype or proof of concept and may or may not have had any products introduced to the market.
Matured Start-ups: firms with existing market traction: technology, product, service, etc., already on the market with a clear investment ask and growth plan & strategy.
Women Empowered Businesses: In addition to the criteria for a mature start-up, firms must have at least 51% share of women ownership or founded by a woman.
Deadline
Application Ongoing.
For more information, click here
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