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Inter Region Economic Network (IREN) Young Innovators in Agribusiness Competition 2015 for Eastern Africa youth-owned start-ups and SMEs (USD$20,000 Prize)

by OFA
written by OFA
Application Deadline: October 30th 2015
The USAID-supported East Africa Trade and Investment Hub, Syngenta and the Inter Region Economic Network (IREN), have launched the second edition of the agribusiness competition dubbed “Young Innovators in Agribusiness Competition.”
The “Young Innovators in Agribusiness Competition” will promote the establishment and strengthening of existing start-ups and SMEs. It will demonstrate the interconnectedness of players along the agricultural value chains for purposes of promoting investment, job creation and productivity in the agribusiness sector.
The overall goal of the competition is to enable participating youth owned start-ups and SMEs to stimulate sustainable enterprises that attract potential investors and stakeholders through competition.
Eligibility Requirements
  • Business should be owned/founded by individuals/groups aged 18 -35 years.

  • Business should be two years and above in operation (registered name and its legal status, sole proprietor, partnership and company, etc).

  • competition is open to East African youth aged 18-35 years, who reside in the East African Community, and have a start-up or small and medium sized enterprise (SME) involved in the agricultural value chain.
  • Businesses should be in the second year of operation with a defined business model (
    beyond idea stage).

  • Business should have a defined model (beyond idea stage).

  • Business should be within the agricultural value chain/food chain

  • Submission must be written in English

  • Entry should be submitted as per the template provided

  • Deadline: October 30, 2015

  • The business model should promote aggregation of small holder farmers and demonstrate agribusiness value chain awareness.

  • The business model should be innovative and provide solutions that will reduce post-harvest losses through better crop handling solutions, cold storage models, transportation and logistics.

  • The business model should promote the provision of high quality inputs and support the promotion of intra-regional trade.

  • The business model should show market-driven applications of existing regional agricultural standards.

Benefits:

  • The 12 months competition process will involve training and mentorship for the top 120 entries (60 start-ups and 60 SMEs).
  • Trainings will be carried out at the Toyota Kenya Academy, located three kilometers southeast of Nairobi.
  • Representatives from the top 120 entries will participate at the 2015 Africa Green Revolution Forum and the top 30 finalists will receive entry to participate in the Agribusiness Innovation and Trade Fair conducted by IREN and its partners, in May 2016 at Kigali in Rwanda.
  • The top six finalists will receive seed capital amounting to USD20,000

Apply Now for the 2015 Young Innovators in Agribusiness Competition 2015

For More More Information:

Visit the Official Webpage of the IREN Young Innovators in Agribusiness Competition

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