Application Deadline: August 5, 2024
The Seed Lab is a key initiative to support agri-SMEs under the African Development Bank’s Agri-Food SME Catalytic Financing Mechanism’s (ACFM) Technical Assistance Window, delivered through Open Capital’s Agri-SME Support Program.
Unlock your Agri-SME’s potential with the Seed Lab, a comprehensive, cohort-based capacity building initiative crafted by the African Development Bank and Open Capital. Leveraging decades of experience supporting Agri-SMEs across Sub-Saharan Africa, this exclusive ~3-month program is designed to propel your business forward. Join over 140 agri-SMEs from 20+ countries as we dive deep into your business model, refine growth strategies, and prepare you to access finance and have deeper impact in your markets. Led by industry leaders, the Seed Lab equips you with essential skills in strategic planning, financial management, business operations, and leadership, to support sustainable growth and measurable impact.
Eligibility Requirements
To be eligible for the Seed Lab, your business must meet the following criteria:
- Geographic location: Ghana, Kenya, Uganda, or Nigeria
- Sector: Agribusinesses operating in food system value chains, and supporting ecosystem players, e.g., agricultural producers, input & equipment providers, processors, marketplaces, Ag-tech businesses, etc…
- 2023 annual revenues: US $100,000-$500,000
- Number of full-time employees: 5-50
- Capital raise target: US $50,000-$750,000
- Gender and climate integration: Prioritization will be given to SMEs with integrated gender-inclusive and climate-resilient practices
For More Information:
Visit the Official Webpage of the Seed Lab ACFM – Agri-SME Program
