Pitch AgriHack for African Businesses 2022 (up to $45,000): (Deadline 29 July 2022)
Details
Apply for Pitch AgriHack for African Businesses 2022.Prizes are up to $45,000. It is launched by AGRF and Heifer International.
Its a digital agriculture competition focused on accelerating entrepreneurial growth and job creation in the agriculture sector. This eighth edition of Pitch AgriHack invites African businesses to pitch their approach to driving technological innovation in the agriculture sector. Generation Africa, a thematic platform of the AGRF will host the competition.
The competition provides cash prizes to innovators driving increased use of technology and job creation across the agricultural sector in Africa.
Prizes
The open competition portion of Pitch AgriHack 2022 will support companies that are driving innovation in agriculture across three categories with prizes totaling US$45,000:
- Early-stage,
- Mature/Growth-stage,
- Women-led
A fourth invite-only category, known as the AYuTe Africa Challenge, will award up to US$1.5 million in grants to scalable ventures.
Six winners will be selected from the open-application categories and two winners from the invite-only AYuTe Africa Challenge category.
Top contestants will receive a one-day boot camp in preparation for their final pitches, with winners receiving continued support as they develop and grow their enterprises.
Eligibility
Candidates are early-stage, growth-stage, or women-led AgTech companies with innovative solutions impacting smallholder farmers at scale.
Applicants should have:
- A clear and defined description on how their solution is impacting small holder farmers
- Strong organizational and operational structure
The applicant applying must:
- Firstly, be aged 18-40 on the day of submission to the 2022 Competition
- hold nationality (with official ID) from any of the 54 nations of the African Union
- be the founder/co-founder of the enterprise represented in the competition and play an active role in its operations and leadership
- have no criminal record related to corruption, tax evasion, financial impropriety, felony or other offences
- Not be a previous Pitch AgriHack finalist or winner
- must submit the application form in English
Selection Criteria
Online Screening Criteria:
- How real is the need?
- What problem does the solution solve?
- How unique is the solution?
- Does the team demonstrate an ability to execute?
- What is the market opportunity?
Technical Assessment Criteria
- Early Stage Category:
- Scalability
- Feasibility / proof of concept
- Technical viability of the solution
- Mature Stage Category:
- Smallholder farmers reached
- Profitability
Final Pitch Criteria
- Impact on Smallholder Farmers
- Technological Innovation
- Business Model
- Team
- Scalability
- Use-of-funds
Applications are open from June 20 to July 29, 2022
Lastly, visit the official website link given below for full details.
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