Milken-Motsepe Prize in AgriTech 2021 ($1M grand prize): (Deadline 31 December 2021)

Milken-Motsepe Prize in AgriTech 2021 ($1M grand prize): (Deadline 31 December 2021)

Milken-Motsepe Prize in AgriTech 2021 ($1M grand prize): (Deadline 31 December 2021)

Applications are open for the Milken-Motsepe Prize in AgriTech 2021. The inaugural Milken-Motsepe Prize focuses on accelerating progress towards Sustainable Development Goals (SDGs) 1 and 2: no poverty and zero hunger.

The Milken-Motsepe Prize in AgriTech is a global competition for innovative solutions to increase economic value to farmers, from seed to sale. Winning teams will increase net economic value to small and medium-sized farms by:

  • Developing innovative technology solutions for any stage of the food system, from seed to sale
  • Designing a viable business model
  • Increasing farm productivity and/or decreasing post-harvest loss

Benefits

  • The winning team will receive a $1 million grand prize, with $1 million in additional prizes.

Many entrepreneurs lack the information and tools they need to bring their invention to life. In addition to the chance to win cash prizes, the Milken-Motsepe Innovation Prize program provides a rich set of opportunities for entrepreneurs.

  • Online Community: Simply complete the free prize registration process and you will join an online community of other entrepreneurs. The prize portal will give you access to:
    • Team matchmaking
    • Resources for entrepreneurs
    • Online training and help desk
  • Certificate Program: Teams will receive a 12-week experiential learning program powered by the Stanford Center for Professional Development Idea to Market curriculum. Upon completion of the program, teams will receive a Certificate of Completion:
    • Stanford Center for Professional Development Certificate of Completion
    • Mentoring from industry experts
    • Pitch and feedback sessions
  • Alumni Network: Winning teams will join the Milken-Motsepe Innovation Prize program alumni network following prize completion, with access to:
    • Investors
    • Data Analysis
    • Networking opportunities

Eligibility

  • Anyone is eligible to register regardless of age, geographic location, or any other factor. If someone has a great idea, they can participate.
  • Minors will require someone of the majority age to sign legal documents on the team’s behalf.

Application

The Prize competition consists of two rounds: an eight-month Design Round and a one-year Finalist Round.

  • Design Round: Teams submit their design and business model. An independent panel of expert judges will select up to 25 teams to receive $10,000 each and advance in the competition.
  • Finalist Round: Teams develop their prototypes and conduct field tests on small and medium-sized farms in Africa.

CLICK HERE TO READ MORE AND APPLY

For more information, see FAQ and visit Milken-Motsepe Prize.





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