The AYuTe Africa NextGen is offering something new for African agriculture. They invite young agripreneurs to showcase their transformative innovations that are enhancing Africa’s food systems by driving transformative changes in smallholder farming and redefining agriculture as a promising and rewarding career.
ELIGIBILITY:
To be considered for the regional AYuTe Africa NextGen, you must:
Have a minimum of three years of experience working with smallholder farmers in Africa, with demonstrated impact on their revenue.
Must be operating in one of the following sectors: Access to Finance
Access to Market
Access to Energy
Climate Smart Solutions and Resilience
Registered and operating in Sub-Saharan Africa
Show your organization has a sustainable business model that will allow it to stay profitable as it expands operations to serve more smallholder farmers.
Demonstrate that you are providing a truly innovative product or service, offering unique solutions rather than duplicates.
Proven demand among smallholder farmers and affordability.
BENEFIT:
Selected companies receive part of a $1.5 million catalytic grant, along with technical support to scale their solutions and expand their impact.
The Farmers for the Future (F4F) Grant is an Agricultural Entrepreneurship grant designed to support young people with viable Agri-Business with equity-free capital and other associated support they may require to scale their businesses. The project is an initiative developed and sponsored by the British American Tobacco Nigeria Foundation (BATNF) in partnership with NYSC and implemented by Fate Foundation.
ELIGIBILITY:
It is targeted at currently serving National Youth Service Corps (NYSC) membersParticipation in an intensive “Think-through-your-business” boot camp
Mentorship under seasoned entrepreneurs and Agric Experts
Membership of the F4F alumni network
Participation in other partner-drive training programs
Support with business registration & other legal & regulatory requirements as part of BATNF’s drive to encourage and support the youth in sustainable agriculture.
The online application portal will be available for you to send in your applications
20 selected businesses will go through a rigorous virtual bootcamp where they will refine their business thesis and build a compelling pitch.
The top 10 businesses from the bootcamp will pitch before a panel of expert judges and investors. 3 winners will be selected.
The 3 Winners will be given financing to execute, strengthen, advance and scale their businesses under the guidance of seasoned mentors. They will also be connected to the relevant networks they require to make progress
BENEFIT:
The top 6 finalists will win an equity-free grant of NGN 10 million (₦3m for the first Prize, ₦ 2m for 2nd Prize, and ₦ 1m for 3rd Prize)