GIZ-SAIS Investment Readiness Programme 2022 for African Entrepreneurs
2 months ago
The project ‘Scaling digital agriculture innovations through startups’ (SAIS), implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), has launched its Call for Applications for the first GIIZ-SAIS Investment Readiness Programme.
Application Deadline: 31st August 2021
Eligible Countries: African countries
To be Taken at (Country): Nairobi, Kenya
About the Award: Have you successfully developed innovative digital solutions for the agricultural and food sector with a positive impact on income generation? Are you still looking for company development support to scale your business and increase your impact?
The GIZ-SAIS Investment Readiness Programme provides tailor-made company development measures aimed at improving your investment readiness and gaining access to investment and business opportunities.
Eligibility: You can apply if your business:
is a start-up registered in Africa, a for-profit business with a team of at least two people,
is offering scalable digital solutions with a clear positive impact on income in the agricultural and/or food sector (e.g. through savings, business opportunities, added value, etc.),
and is in the post-seed stage (i.e. have launched a minimum viable product, have an existing customer base, have evidence of revenue).
Selection Criteria: Projects will be selected on the basis of an application that showcases:
a convincing business model,
a highly-motivated team that ideally reflects gender equality and diversity,
and presents a digital product that is scalable, demonstrably functional, user-oriented, commercially viable and makes use of sustainable technical solutions while also, ideally, promoting gender equality in the agriculture and food sector.
Number of Awards: Not specified
Value of Award:
A six-month Investment Readiness Programme fully funded by GIZ-SAIS beginning in December 2019. The programme is built around regular virtual coaching and training sessions with experienced company developers and growth managers.
Access to additional service providers to optimise certain segments of your venture (e.g. legal, cash flow, marketing, coding etc.).
Three in-person meet-ups complete the programme: a kick-off workshop in Nairobi, Kenya, in December 2019, followed by a mid-term check-in in the third or fourth month and a link-up event with investors and business partners will conclude the programme.
Throughout the duration of the programme, the GIZ-SAIS team will facilitate contacts and interactions with potential investors and business partners using the global investor cloud services. Further follow-up growth measures in close dialogue with committed investors and business partners are planned for those start-ups that successfully complete the Investment Readiness Programme.
What is expected?
A willingness by team members and ability to take part in all training measures, including physical presence during the kick-off, mid-term check-in and link-up event.
Team members exhibit willingness to agree on individual milestones as well as serious ambition to achieve them within the timeframe of the GIZ-SAIS Investment Readiness Programme.
The willingness to regularly communicate and share business information with GIZ-SAIS.