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Home » Apply: N20M Equity-free Cash for Agritech Startups in GAIN Agribusiness Innovation Challenge

Apply: N20M Equity-free Cash for Agritech Startups in GAIN Agribusiness Innovation Challenge

Joan Aimuengheuwa by Joan Aimuengheuwa
September 9, 2022
in Funding
Reading Time: 2 mins read
0

The Global Alliance for Improved Nutrition (GAIN) Agribusiness Innovation Challenge seeks early-stage agritech startups building solutions to enhance food safety and fight malnutrition in Nigeria.

The programme is designed for startups actively contributing to the supply chain efficiency of cassava, maize, rice, and OFSP in Nasarawa. 

Organised in partnership with Ventures Park, who will be implementing the funding, the Agribusiness Innovation Challenge aims to strengthen the Nutrition in Nigeria’s staple foods.

The 4-month hybrid program runs from October 2022 to January 2023, with physical support in Nasarawa, Nigeria.

Benefits

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The winner will receive N20,000,000 equity-free prize money while other finalists will get to pitch to a room full of global investors.

Startups will also receive capacity to strengthen and improve access to financial services, as well as develop business concepts leveraging innovation to improve supply chain efficiency in Nasarawa state. 

Eligibility 

  • Founders must be between the ages of 18-35
  • Business must be between 6-48 months
  • Be an early-stage startup with a minimum viable product
  • Be a registered for-profit business operational in Nasarawa State
  • Solution alignment with agricultural supply chain efficiency in Nasarawa State

How to apply

To join the challenge in Nasarawa State, apply here.

To join the challenge in Kaduna State, apply here.

To join the challenge in Benue State, apply here.

To join the challenge in Oyo State, apply here.

Application deadline is on Monday, October 3, 2022.

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Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
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