Tag Archives: sustainability

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GOGETTAZ AGRIPRENEUR PRIZE COMPETITION

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Application Deadline: June 10, 2024

LOCATION: African Union

Africa’s food sector faces mounting challenges in climate resilience, food security, and nutrition. The need for groundbreaking solutions has never been greater. Are you an agripreneur leading the charge against these pressing issues? Do you have a transformative venture that’s making waves in the agrifood landscape? We want to hear from you.

ELIGIBILITY:

The Entrepreneur

Entrepreneur is aged 35 or below on the date of submission to the competition, and is legally recognised as an adult in country of nationality

Entrepreneur holds nationality (with an official ID) from a country which is a member of the African Union

Entrepreneur is the founder/co-founder of the venture he/she represents in the competition and plays an active role in its operations and leadership

Entrepreneur has no criminal record related to corruption, tax evasion, financial impropriety, felony, or other offence, and will provide a signed declaration to that effect, if requested

The Venture

Venture is already legally registered in a country which is a member of the African Union or will have commenced with the registration of such a legal entity prior to 3 June 2024

Venture is headquartered in a country which is a member of the African Union

Venture is designed to be financially sustainable, either as a for-profit business or a non-profit generating some revenue and aiming not to be dependent on donor funding

Venture plays a role in the agrifood sector and/or supports the development of the agrifood sector through an innovation or process improvement

The agrifood sector may be defined as businesses engaged in:

Agrifood research & development

Primary food production (farming)

Crop nutrition

Irrigation

Mechanisation, automation or robotics, including drones

Crop protection

Hydroponics or urban farming

Transport, distribution, storage or logistics

Food processing

Packaging or marketing

Food retail or service

Waste management or recycling

Digital or technology solutions/services to the agrifood sector

Innovative finance solutions/services to the agrifood sector

Renewable energy or environmental solutions/services to the agrifood
sector

Food system innovations (e.g., soldier fly larvae)

BENEFIT:

100,000 US Dollars in prizes will go to 2 Winners!

2 x 50,000 US Dollar Grand Prizes

Impact Awards – The judges of this year’s competition will be looking to award ventures that make a significant impact in one or more of the following areas: improving rural livelihoods, nutrition, climate related solutions, technology, gender impact, natural resources conservation, and job creation

Facilitated participation at the Agribusiness Deal Room

Invitation to the 2025 GoGettaz Africa Leadership Program for top finalists

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awards, Events, Opportunities, other events

MASTERCARD SME FUNDS FOR RESILIENCE AND PROSPERITY

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Application Deadline: November 22nd, 2024.

LOCATION: Multiple Regions

The Mastercard Foundation Fund for Resilience and Prosperity is a seven-year, US$ 126 million Fund that aims to support Small and Medium-sized Enterprises (SMEs) across the agriculture, climate adaptation and digital economy sectors in 20 countries in Sub-Saharan Africa. The main objective of the Fund is to unlock enterprise growth and catalyze, scale-up and sustain the creation of dignified and fulfilling work opportunities for young women and men, young people with disabilities and refugee youth.

ELIGIBILITY:

Be involved in the sector of focus i.e., agriculture.

Be an existing for-profit Small or Medium-sized Enterprise.

Be implementing business in at least one of the 20 focus countries in Africa.

Be requesting for grant funding ranging from US$ 500,000 to US$ 2,500,000, disbursed over a 3-year period, based on applicants’ development stage, scalability, and business model. Additional tailored technical assistance will be provided to successful applicants. 

Be providing matching contribution of at least 30% of the total project cost.

Have innovative, practical, and scalable businesses that aim to create work opportunities for young women and men, young people with disabilities or refugee youth.

Adhere to fundamental human rights, labour standards, and environmental management laws, both nationally and internationally, including seed laws/policy.

Refrain from any involvement in acts of terrorism or support for terrorist activities.

The countries are Benin, Burundi, Botswana, Cameroon, Côte d’Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Kenya, Malawi, Mozambique Nigeria, Rwanda, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Uganda and Zambia.

BENEFIT:

Support from FRP will include grants ranging from US$ 500,000 to US$ 2,500,000, disbursed over a 3-year period, based on the applicant’s development stage, scalability, and business model, in accordance with agreed periodic milestone targets.

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