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Addressing social needs and propelling economic development in Nigeria

The Agribusiness Innovation challenge program is a 5 months incubation program designed to support 10 Agriculture based startups by accelerating their business development, along with opportunities for potential investment and exposure

About GAIN

This program seeks to encourage innovations that address social needs and propels the economic development of the agricultural ecosystem by utilizing emerging technologies. The project would provide 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 supply chain efficiency in Benue state. It is targeted at Agropreneurs and Agribusiness start-ups at different stages.

Benefits

Why should you apply?

Grant

The 10 selected 5 teams will be eligible for an equity/debt-free sum of about USD by GAIN for covering costs associated with the remuneration of staff of your proposed activities.

Business Advisory

Get access to a pool of mentors and business experts

Free Business Incubation and workspace

Selected startups will undergo intensive training by experts and key stakeholders in their sector and beyond. Startups will also be able to access the workspaces at Aiivon Innovation hubMakurdi and all attached benefits for free.

Partnerships

Access to GAIN and Aiivon network of partners

Opportunity to Attend International Conferences by JICA

The selected startups would get the opportunity to attend meetings/conferences organized by GAIN and Aiivon

Who can apply?

The project is exclusively for:

Agricprenuers

Agritech startups

Female/Youth-led businesses and businesses at different business stages are strongly encouraged to apply

Eligibility

In order to be eligible for selection for this program, the following criteria have to be met:

The startup must be operating in Nigeria

The startup is in the idea stage or early stage.

Proposals should be as commercially-oriented as possible.

Dedicated time to participate in the program.

Solutions should leverage technology.

Startups with a very strong management team of at least 2 people are desirable.

Have an Innovative and Marketable Solution (Products/Services) in the agricultural sector, and can demonstrate the potential for future scale.

Startups should have a well-rounded, complementary team i.e. in-house capacity for product vision (what to build), technology (how to build it), and business (how to make money from it)

Selection criteria and Process

Application Closes by Midnight on August 2022

01

We would establish an evaluation board with outside evaluators and experts under strict confidentiality to evaluate proposals.

02

We will have 2 step screening processes, the 1st is document screening and the 2nd is online interview screening.

03

We will select approximately 20 finalists for the innovation challenge of which up to 10 winners will be selected for the program.

Program Timeline

July 10th

Launch call for Applications

July 10th

Selection Period

July 10th

Agribusiness Innovation Challenge

July 10th

Pitch Readiness Bootcamp

July 10th

1st Deal Day

July 10th

Technical training (Incubation Program)

July 10th

2nd Deal Day

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Our process applies techniques from a variety of disciplines, values distinction in detail and gives

Many strands of place-making, environmental stewardship, social equity and economic viability into the creation of places with distinct beauty and identity.
Many strands of place-making, environmental stewardship, social equity and economic viability into the creation of places with distinct beauty and identity.
Many strands of place-making, environmental stewardship, social equity and economic viability into the creation of places with distinct beauty and identity.

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