FATE Foundation SBN Nourish Challenge: NutriPitch 2023: (Deadline 3 December, 2023)

The Scaling Up Nutrition Business Network (SBN) is hosting the 2023 Edition of SBN’s Annual pitch competition in partnership with FATE Foundation. FATE Foundation is the longest-running enterprise support organization with over 22 years of delivering pre-incubation, incubation, and accelerator programs.

The project is a Business Model Research project and is part of a larger program grant of EUR80m focussed on six African countries (Benin, Ethiopia, Kenya, Mozambique, Nigeria, and Uganda)

The aim of this partnership is to identify innovative business models that are focused on accelerating low-income consumer’s access to nutritious food while being profitable; that is, the approach that can enable a company to capture value (and thus be profitable) while still providing the food at a price the customers are able and willing to pay. In addition, the project will provide technical assistance to entrepreneurs in the nutrition space to strengthen their capacity and develop their business models leveraging on innovation to improve access to nutritious foods in Nigeria.

About FATE Foundation

Our goal is to enable aspiring and emerging Nigerian entrepreneurs start, grow and scale their businesses while also facilitating the development of an enabling business environment and thriving ecosystem. In 2000, we were founded by Mr. Fola Adeola to harness the strong entrepreneurial culture of Nigerians by providing the business incubation, growth and accelerator support required to fully explore their innovative potential….

SBN Nourish Nigeria Challenge: NutriPitch

• Type Entrepreneurs
• Organisation FATE Foundation
• Country to study
• School to study–
• Course to studyNot specified
• State of Origin
• Gender Men and Women
• Application Deadline 3 December, 2023

Aim and Benefits of SBN Nourish Nigeria Challenge: NutriPitch

• One Week Pitch Readiness Bootcamp
• GAP Advisory Sessions
• Growth Plan Development
• Pitch Competition
• CEO Fireside Chat
• Series of Workshops and Masterclass Sessions (see program highlights for details on this)
• 4 months Hand-holding Mentorship Community.
• Access to our Alumni Community post-graduation
• N 10,000,000 Naira to be shared amongst winners of the Pitch Competition

Requirements for SBN Nourish Nigeria Challenge: NutriPitch Qualification

Applicants

• Must be a Nigerian citizen (male or female).
• Must be between the ages of 25 and 50 as of January 2024.
• Must be the Founder, Owner manager, or CEO of a growth-stage agribusiness. venture. (Only one applicant per business will be accepted).
• Should have their Agribusiness focused on Nutrition and Innovation.
• Should have a good business model that focuses on reaching low-income consumers.
• Should have a unique/innovative marketing strategy.
• Should have a minimum of three (3) full-time highly skilled staff in a managerial capacity (excluding part-time staff and low/semi-skilled staff).
• Must have their Agribusiness venture registered with the Corporate Affairs Commission (CAC) and be currently operating and generating income.
• Must be available to participate FULL-TIME in the one-week boot camp and ALL other activities required throughout the program.

Interview date, Process and Venue for SBN Nourish Nigeria Challenge: NutriPitch

Challenge

• Be prepared and available for your interview session (virtually)
• You will be required to present supporting documents if shortlisted.

Can I make changes to my application after submitting it, or can I make a fresh one instead?

No, once you have submitted it, it is final, and you cannot edit the application. Also, multiple entries will be disqualified. So, we encourage you to verify your application carefully before submitting it.

How will I know if my application is accepted for participation in the program?

Shortlisted candidates will be contacted via email.

Will applicants receive personal feedback about their application?

Unfortunately, we cannot provide personalized feedback on your application.

Where should I send my questions?

If you have any questions not included in this section, please email scaleup@fatefoundation.org with “Agribusiness Accelerator Enquiry” as the Subject or call 0813-187-8271.

Application Deadline

3 December, 2023

How to Apply

Interested and qualified? Go to FATE Foundation on soar.fatefoundation.org to apply

• Click on the ‘’Apply here’’ button.
• Create an account on the SOAR Platform.
• Verify your email using the link sent to your mail and start your application.
• Only shortlisted candidates will be contacted for an interview.
•  You can reach out to scaleup@fatefoundation.org for help.

For more details, visit OFFICIAL LINK