Youth Agripreneur AgriPitch Competition

About the African Development Bank’s Youth Agripreneur AgriPitch Competition

The African Development Bank’s Youth Agripreneur AgriPitch Competition and DealRoom connect expansion-ready, youth-led African businesses with global investors (debt, equity, and/or grant). The DealRoom focuses on youth-led agribusinesses under the themes of nutrition and gender inclusivity. The goal of the AgriPitch Competition and DealRoom is to promote innovation and entrepreneurship in agriculture among youth in Africa and to generate jobs, create wealth, and improve livelihoods through inclusive growth across the continent.

African companies that meet the criteria below are encouraged to submit their deal information for review by the Bank’s and Asoko Insight’s data teams. Qualified businesses will be promoted through the Asoko portal to global investors for matching. Interested investors can match with any deal by registering their profile and selecting target deals.
AgriPitch Competition

Shortlisted businesses will participate in a virtual AgriPitch Competition from November 16-20, 2020, where winners will be chosen based on different categories under consideration. The African Development Bank will award shortlisted businesses between US$10,000 and US$40,000 in the form of grant capital (US$120,000 in total is committed).

The African Development Bank is a leading multilateral development finance institution. The Bank has 81 member countries and is headquartered in Abidjan, Côte d’Ivoire.

The evaluation criteria for successful applications are also below.

 

Applicant Evaluation Criteria

All applicants should consider these criteria carefully as they build out their profiles for submission.

 

Value Proposition and Innovation Rationale (30% weighting):

Value Proposition and Innovation Rationale (30% weighting):

  • How creative is the idea or how creatively the idea solves a problem related to ICT and agri-digitization?
  • Gender responsiveness
  • Addresses nutrition
  • Job creation potential
  • Competitive edge

 

Sustainability and Scalability (20% weighting):

  • Sound environmental management systems
  • Potential for scaling-up
  • Sufficient and qualified staff, including management

 

Business Feasibility & Traction (30% weighting):

  • Clear customer pain/need intensity and market size
  • Commercial and technically feasible with strong profit margins
  • Existing traction and customers (for matured start-ups)

 

Professionalism and Presentation of Business (5% weighting):

  • Structure and presentation of the business model
  • Ease of comprehension of the business
  • Strong writing/presentation skills

 

Investment Appeal (15% weighting):

  • Investment pull based on respective early start-up, matured start-up, and all-star stage

 

Apply 

 

RDNPlatform Funding Application Support

Do you need support to submit your applications?

Get in touch with us

We provide the following services under RDNplatform funding application support

  1. Amplifying funding opportunities to reach more people and support them with applications. 
  2. Assist in crafting winning proposals and concept notes
  3. Advisory on the best funding practices and application
  4. Linking partners with funding sources
  5. Bridging the language barrier by assisting people with rational ideas with different language backgrounds.
Read 617 times
Share this article

About author

Agape Ishabakaki

Business and Investment

  Africa Startups This article presents a
Observation We are surrounded by new ideas 360
  Thinking A study conducted by Queen’s
Smart Teens Nothing can stop Smart teens. They
Who Am I?   This is a fundamental question to

GET STARTED

Signup|Login

Submit Now  

 

 

 

 

 

POLICIES & TERMS

Terms

Privacy 

Top