African Growth Financial institution – AgriPitch Competitors – Hub for Alternatives
The African Growth Financial institution’s Youth Agripreneur AgriPitch Competitors and DealRoom connects expansion-ready, youth-led African companies with world traders (debt, fairness and/or grant). The DealRoom focuses on youth-led agribusinesses below the themes of vitamin and gender inclusivity. The purpose of the AgriPitch Competitors and DealRoom is to advertise innovation and entrepreneurship in agriculture amongst youth in Africa and to generate jobs, create wealth and enhance livelihoods via inclusive progress throughout the continent.
African firms that meet the factors under are inspired to submit their deal data for evaluate by the Financial institution’s and Asoko Perception’s knowledge groups. Certified companies will likely be promoted via the Asoko portal to world traders for matching. traders can match with any deal by registering their profile and deciding on goal offers.
Shortlisted companies will take part in a digital AgriPitch Competitors from November 16-20, 2020, the place winners will likely be chosen based mostly on completely different classes into account. The African Growth Financial institution will award shortlisted companies between US$10,000 and US$40,000 within the type of grant capital (US$120,000 in whole is dedicated).
The African Growth Financial institution is a number one multilateral improvement finance establishment. The Financial institution has 81 member nations and is headquartered in Abidjan, Côte d’Ivoire.
Additional particulars relating to particular eligibility is discovered on the underside of this web page within the FAQ. Analysis standards for profitable purposes can be under.
Applicant Analysis Standards
All candidates ought to contemplate this standards fastidiously as they construct out their profile for submission.
Worth Proposition and Innovation Rationale (30% weighting):
- How inventive is the concept or how creatively the concept solves an issue associated to ICT and agri-digitization?
- Gender responsiveness
- Addresses vitamin
- Job creation potential
- Aggressive edge
Sustainability and Scalability (20% weighting):
- Sound environmental administration methods
- Potential for scaling-up
- Enough and certified workers, together with administration
Enterprise Feasibility & Traction (30% weighting):
- Clear buyer ache/want depth and market measurement
- Business and technical possible with robust revenue margins
- Current traction and prospects (for matured start-ups)
Professionalism and Presentation of Enterprise (5% weighting):
- Construction and presentation of the enterprise mannequin
- Ease of comprehension of the enterprise
- Robust writing/presentation expertise
Funding Enchantment (15% weighting):
- Funding pull based mostly on respective early start-up, matured start-up, and all-star stage