Take a fresh look at your lifestyle.

AfDB 4th African Youth Agripreneur Forum (AYAF) and AgriPitch Competition 2020 for African Entrepreneurs

The 4th African Youth Agripreneur Forum (AYAF) and AgriPitch Competition will be held virtually in a series of 3 webinar discussion panels from 3 to 17 November, 2020.

Application Deadline: Unspecified

About the Award: The theme for the AYAF is, “Driving Sustainable Nutrition and Gender Inclusivity in Africa’s Agri-Food Systems: Youth Agripreneurs Seize the Decade.” The objective will be to highlight how youth agripreneurs can address nutrition and gender inclusivity while serving as entrepreneurial leaders within their communities and being actively involved in the African agribusiness sector that is projected to become a trillion-dollar sector by 2030.

The AgriPitch Competition

The AgriPitch Competition aims to instil a culture of innovation and nurture agribusiness innovations to create jobs and improve livelihoods among the youth. The expected outcome of the competition is to select winning ideas that can lead to new products, businesses, programs, projects and processes, while engaging young entrepreneurs eager to tackle the challenges they face as well as global challenges through “nutrition and gender inclusive solutions” that transform agriculture as well promote inclusive growth.

Through a call for proposals, all business profiles submitted for the AgriPitch Competition will go through a rigorous screening process based on specific criteria (see section below on criteria). An evaluation committee will be responsible for selecting the 25 best businesses who will then be invited to participate in the 2020 AgriPitch Competition. An investment teaser of the selected businesses will be shared with investors prior to the event.

Business Categories and Areas of Focus

Profiles for the competition will be submitted under three categories:

  1. Early Start-ups (0-3 years) – eligible for the AgriPitch competition grant prize for Early Start-ups.
    1. Individuals who are at the very early stage of developing ideas/concepts for Agripreneurship or a newly established business.
    2. Must have a clearly defined prototype or proof of concept.
    3. May or may not have had any products introduced to the market.
    4. May or may not have a registered corporate entity.
  2. Matured Start-ups (above 3 years) – eligible for the AgriPitch competition grant prize for Matured Start-ups.
    1. Individuals and firms with existing market traction: technology, product, service, etc., already on the market.
    2. Must have a clear investment ask and growth plan/strategy.
    3. Must be a registered corporate entity.
  3. Women Empowered Businesses: eligible for the DealRoom with investors
    1. Firms with at least 51% share of women ownership or founded by a woman.
    2. Individuals and firms with existing market traction: technology, product, service, etc., already on the market.
    3. Must have a clear investment ask and growth plan/strategy.
    4. Must be a registered corporate entity.

Eligible Field(s):

Type:

Eligibility: The AYAF is an annual event of the African Development Bank’s Enable Youth Program and is expected to attract participants from across the world, including youth agripreneurs, agribusiness companies, investors, nutrition experts, gender experts, academia, development partners and government agencies.

Eligible Countries: African countries

To be Taken at (Country): Virtual

Number of Awards: Not specified

Selection & Value of Award:

  • It includes a three-day AgriPitch boot camp where pre-selected agripreneurs receive training on product development, identification of revenue channels, logistics, marketing, business management, investment readiness, financing, etc. by coaches, mentors and investors.
  • At the end of the boot camp, the agripreneurs pitch their business proposals to a panel of judges for the chance to win a monetary prize.
  • In parallel, entrepreneurs also hold one-on-one meetings in the AYAF DealRoom where they meet invited investors who are focusing on companies of their size, stage and sector.
  • The event also includes the AYAF Conference (3 weekly webinars from 03 – 17 November 2020) which provide a platform for the youth agripreneurs and key stakeholders to discuss and debate topical/thematic issues affecting youth employment with experts, business leaders, investors and policy makers.

Duration of Award: The final pitching by the agripreneurs will take place during the week of the 16 – 17 November, 2020.

How to Apply: Register now(link is external)

  • It is important to go through all instructions, Terms & Conditions in the Award Webpage (see Link below) before applying.
  • GOODLUCK

Visit Award Webpage for Details

Comments are closed.