Sunday, September 19, 2021
MCGH News > Africa > African startups to win up to $1.5 million in Pitch AgriHack competition

African startups to win up to $1.5 million in Pitch AgriHack competition

Pitch AgriHack competition africa
Pitch AgriHack competition

Agritech startups in Africa will be eligible to win up to 1.5 million dollars at the seventh edition of the Pitch AgriHack competition. Pitch AgriHack is a pitching contest aimed exclusively at African businesses bringing technological innovation to the agriculture sector. Organized by AGRF and Heifer International, the competition focuses on accelerating entrepreneurial growth and job creation in the agriculture sector by leveraging advanced technologies and youth participation in Africa’s food security agenda.

The open competition portion of Pitch AgriHack 2021 will support companies that are driving innovation in agriculture across three categories-Early-stage, Mature/Growth-stage, and Women-led, with prizes totalling US$45,000. A fourth invite-only category known as the AYuTe Africa Challenge, sponsored by Heifer International, will award up to $1.5 million in grants to scalable ventures that are already generating measurable impact for Africa’s smallholder farmers.  

Six winners will be selected from the open-application categories and two winners from the invite-only AYuTe Africa Challenge category. The winners will be announced at the AGRF Summit which takes place September 7-10 in Nairobi. Top contestants will receive a one-day boot camp in preparation for their final pitches. Winners will get continued support to develop and grow their enterprises.

Generation Africa a thematic platform of AGRF will host the 2021 Pitch AgriHack competition. Applications open from July 27 to August 16, 2021. Click here to visit the registration page and get more information on the competition.

As a continent with a thriving youth population, Africa’s agricultural sector must look to its youth for the innovation that will fuel the future growth of this strategically important sector,” said Adesuwa Ifedi, Senior Vice President for Africa Programs at Heifer International. “Integrating youth and technology in the agricultural sector will transform the continent, creating new jobs and income-generating opportunities for young Africans”. 

In addition to its sponsorship of Pitch AgriHack 2021, Heifer International is partnering with Generation Africa to run this year’s competition. Both organizations have a shared vision of eradicating hunger and poverty through sustainable, community-led development that begins with agriculture. 

It’s a privilege to have an established and experienced non-profit organization like Heifer International on board,” said Head of Generation Africa, Dickson Naftali. “At Generation Africa, we believe that food systems can change if we collaboratively support young African agri-food entrepreneurs. Pitch AgriHack 2021 can give access to the tools and expertise they need to make their businesses successful.”

Dr. Agnes Kalibata, President of AGRA and Special Envoy to the UN Food Systems Summit, said, “We are excited to welcome Heifer International as it partners with the AGRF and Generation Africa on Pitch AgriHack 2021. By working together, sharing knowledge, and supporting mutually beneficial projects, we can make a bigger impact and drive agricultural transformation in Africa. We want young people across Africa to hear our message – the future of food and farming depends on them.”

Business profiles of the finalists will also be published in a Deal Book for circulation at the AGRF and online, while individual profiles will be made public on the GenAfrica.org platform and reviewed for relevance to their investor community. 

Check out other stories making the news in the technology ecosystem in Africa and the Middle East.

MCGH Admin
MCGH Editorials, Opinions and Press releases.
https://www.microsoftcaregh.com

Hi! I'll like to know what you think so kindly share your thoughts with me. Oh, also don't forget to share this post so others see it. Thank you!

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: