Agri-Startups In Ethiopia Can Apply For Funding And Growth Support Under This New Programme

This is a huge opportunity for agri-startups and businesses in Ethiopia to grow and scale their businesses. The German Federal Ministry of Economic Cooperation and Development (BMZ), through its Green Innovation Centers project, and the Technical Center for Agricultural and Rural Cooperation ACP-EU (CTA), in partnership with iceaddis, officially launched the Green Innovation & Agritech Slam 2019 (GIAS) on August 7 at the Hyatt Regency hotel in Addis Abeba. GIAS is a nationwide agricultural business competition that aims to find innovative solutions to critical challenges of the agricultural sector.

All You Need To Know About The Competition

  • The competition supports Ethiopian agricultural entrepreneurs and is awarding 10 innovative and bright entrepreneurs or businesses, with over 1,000,000 Birr (roughly $35, 000) shared prize among winners.

“The winners will also receive extensive business development support; expert advice; mentorship; and an opportunity to travel to Germany for an exposure visit (for first prize winners only) in the field of their business idea. The business competition specifically encourages youth and women owned or co-owned companies to apply.’

“Disseminating agricultural innovations is essential to increase productivity and profitability of smallholder farmers in Ethiopia. By strengthening the private sector, up- and downstream enterprises, and promoting entrepreneurship directed towards challenges of the agricultural sector, the service provision for smallholder farmers can be improved,” said Laura de Guevara, GIZ supported Green Innovation Centers — Ethiopia

  • The nationwide business competition features 5 categories: nutrition & consumer market, agri-inputs & equipment, environmental protection & sustainability, idea stage digital businesses and post-revenue agri-tech startups.
  • Applications from all over the country will go through rigorous selection process to identify and award the final 10 winners at a grand award ceremony on November 14, 2019. The grand event will have a conference on digital agriculture in Ethiopia on November 15th, 2019.

Ken Lohento of CTA said:“Digital technologies have the potential to transform the agricultural sector. CTA is confident that a focus on digital solutions among youth in this regard will help to boost Ethiopia’s future food security and create jobs across the agricultural value chain.”

  • The innovations and ideas are expected to bring solutions to critical challenges of the wheat, legumes and honey value chains and digital needs of agricultural stakeholders in Ethiopia. These are believed to eventually contribute to job creation of youth and women entrepreneurs.

Markos Lemma, Co-founder & CEO of iceaddis on his part said that

“Agriculture is the cornerstone of the Ethiopian economy although lack of technology or fresh ideas has partly affected its full success. More than ever, iceaddis recognizes the need to bring innovation by young Ethiopians to the agriculture scene. It is time we support our smallholder farmers better with innovation and technology.”

The Green Innovation & Agritech Slam welcomes individuals, private businesses, higher learning institutes and governmental and non-governmental organizations with innovative ideas and businesses in the selected value chains, as well as young digital innovators offering digital services to the entire agricultural sector.

Funded by the European Union, the competition is organized in collaboration with the Ministry of Agriculture and the Ethiopian Agricultural Transformation Agency (ATA).

How To Apply

The competition categories of this year’s Green Innovation & Agritech Slam 2019 are as follows:

The Value Chain Challenge
Application Deadline:
October 1st, 2019

Do you run a business or have an idea to upscale your business in the food and agriculture value chains of wheat, legumes or honey?

Then apply in these categories

Nutrition & Consumer Market:

Organisers are looking for businesses that want to enter the market with new/ improved products or innovations in the food processing sector that aim at food security or healthy eating

Agri-Inputs & Equipments:

Does your business idea address challenges in the agri-input systems or proposes innovative products to increase productivity, ease maintenance or substitute imports?

Environmental Protection & Sustainability

Apply here, if you have an innovative idea on how to protect the environment or promote sustainability in the selected value chains

Pitch AgriHack Challenge
Application Deadline:
September 10th, 2019

Are you young entrepreneurs (aged between 18 to 35 years old) and do you have innovative digital solutions for the entire agriculture sector?

Then apply in these categories

Pre-revenue digital startups:

Organisers are looking for early stage digital solutions that can solve agricultural problems and support agricultural sector. However, you must have an existing prototype

Post-revenue digital startups:

Do you run a post-revenue digital business focusing on agriculture? Your solution must be already generating revenues, even if it is not yet profitable.

Criteria
  • Young and driven entrepreneurs
  • Resident in Ethiopia
  • Submit the application by the deadlines. For the Value Chain Challenge this is October 1st,2019, and for Pitch AgriHack Challenge, September 10th, 2019.
Mode of Application

Applications can be submitted through the organisers’ web form which is available at www.innovation-slam.com or submitted in printed format at selected regional institutions and partners. For more information about submissions, kindly contact the organisers directly.

Selection Process

The selection of winners is determined by an independent jury composed by the private sector, government ministries, development agencies and business consultants. The organizers do not influence the outcome of the jury’s decision.

AgriPitch Competition Winners at the African Youth Agripreneurs Forum Emerge

African Youth Agripreneurs Forum

A veteran exporter of Kenyan fresh fruits and vegetables and a young South African farmer specializing in the design, provision, and management of indoor and outdoor hydroponic systems, were the winners of this year’s youth AgriPitch competition, organized by African Development Bank in partnership with the Western Cape Government in South Africa.

The event which is the 2019 youth AgriPitch Competition themed “Climate Smart Agriculture: Business and Employment Opportunities for Africa’s Youth” took place in Cape Town, South Africa from 24th to 28th July.

Kenyan Alex Muli, CEO, and Co-Founder of Goshen Farm won $25,000 for best agribusiness in the mature start-up category, while Paul Sheppard, from South Africa, Co-Founder of Future Farms, took the $10,000 prize for the early start-up category.

“It was a great event. I met many pioneers in the various agri-tech spaces with many potential and exciting projects, with the renewed hope of access to finance models coming to the fore. The prize money will help our company to upscale to the size we want to grow to, as well as meeting potential investors and learning more about the industry,” said Sheppard.

African Youth Agripreneurs Forum
 

Muli, who co-founded Goshen farms with his mother in 2011, said it was exciting to be shortlisted as agripreneur in the Mature Startups category. “The boot camp was a great learning experience for me and helped me to know how to better tell the story about my business. I was humbled to meet fellow agripeneurs from other African countries who are doing great stuff out there hence rewriting our continent’s story, a story of hope, transformation, and sustainability by young Africans for Africa,“ he said.

Over 400 agribusiness proposals from across the continent participated in the AYAF competition, which culminated in an award gala dinner, where six winners from the two categories received a total of U$ 74,000.

This AgriPitch Competition was part of a larger forum, the African Youth Agripreneurs Forum (AYAF) an annual forum of the African Development Bank’s flagship, Enable Youth Program, which focuses on youth employment and food insecurity.

“At the African Development Bank, we believe that the future of the continent’s youth lies in more rapid and inclusive economic growth which creates quality jobs. This is why the Bank has developed a number of key programs, such as Enable Youth and the Jobs for Youth in Africa Strategy. To date, the Bank has committed over $350 million to Enable Youth investments in 12 countries on the continent, “said Dr. Edward Mabaya, Manager, Agribusiness Development Division at the African Development Bank.

The forum provided a platform for youth agripreneurs and key stakeholders to brainstorm with experts, business leaders, investors and policymakers on issues that affect youth employment and key solutions to addressing these.

It also served as a call to action to support innovative agriculture growth through intense engagement and mentorship for small and medium enterprises and emphasized that with greater support and opportunities to set up their agribusiness enterprise, youth can become the driving force of Africa’s agriculture transformation.

Sponsors of the 2019 AgriPitch Competition and African Youth Agripreneurs Forum include the Bank’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (funded by The Netherlands, Demark, Italy, Sweden, and Norway); the Western Cape Government’s Department of Agriculture; The Korea-Africa Economic Cooperation Trust Fund; and The Africa Climate Change Fund.

“We strive to disrupt the African Agricultural ecosystem the way we do best by creating resilient markets for our agricultural produce. We will be there soon,” Muli said.

 

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry.

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