Pitch AgriHack will:
- provide a business training boot camp to selected start-ups
- conduct a pitching competition
- offer grants and facilitate access to investments, capacity building and promotional opportunities.
Two categories are available:
This is for e-agriculture applications and platforms that have already been developed but that may still need software or business model improvements. Participants must be able to demonstrate the business potential and functional features of their applications or platforms.
This category is for e-agriculture applications and platforms that are already in operation and generating revenues.
Special prizes will be awarded in each of the two categories to woman-owned or co-owned businesses.
The platforms can be websites or apps, and they must offer digital services to the agricultural sector. They can also be hardware associated with software and both will be described.
Prizes and other benefits
Start-ups will provide details on problems addressed, the technical solution proposed, key metrics, customer segments targeted, unique value proposition compared with the competition, cost structure, revenue streams and other business strategy inputs. They will also demonstrate that they are incorporated or that they will close the process a month before the final.
Applications will be screened by teams of business experts and investors.
- Deadline for registration: 21 May 2018
- Announcement of finalist start-ups: by 15 July 2018
- Boot camp and pitching events (final): 03 to 07 September 2018 at AGRF 2018.
About Pitch AgriHack
- Competitions to develop ICT applications for agriculture (hackathons) when there is a need;
- A start-up competition (called Pitch AgriHack) targeting young companies already offering e-agriculture services;
- Capacity building, mentorship and incubation opportunities;
- Promotional and networking opportunities;
- Facilitation of access to grants and investments to scale-up services offered.
The ultimate objective is to contribute to the transformation of the agricultural sector and promotion of youth employment. It is expected that eventually, best start-ups involved will offer effective services to hundreds of thousands of farmers and agricultural stakeholders ACP countries. The programme is being implemented in collaboration with key national and international institutions, multinational private sector bodies, investors, incubators.
CTA is funded by the European Union (in the framework of the ACP-EU cooperation). The AfDB is leveraging support to the activity via funds provided by the Korean Government via the Korea-Africa Economic Cooperation (KOAFEC)) facility.