Globally, the lack of food security and inadequate decentralization continues to be a great concern for all, hence, The Foodtech Programme.
In partnership with the SA Innovation Summit, Anza Capital seeks to identify and support South African small, fast-growing businesses and startups facilitating an adequate food value chain in Africa.
The aim is to solve the supply chain inefficiencies, water scarcity and decreasing arable land and food wastage that exists on the continent.
Benefits
These promising South African foodtech innovators and businesses stand a chance to receive investment appropriate to their turnover and traction or become investment-ready through an investment readiness programme.
They have the potential to receive:
- R1 million to R7 million ($60,000 to $420,000) investment
- Media Exposure
- Mentorship from investors and leading entrepreneurs
- Participation at SAIS2022
- Investment Readiness content and templates
- Pitch at the WIE Innovation Awards 2023
Eligibility
Businesses in agriculture, and food production across the value chain of food tech, food waste streams, food transportation and business-to-food consumption are eligible to participate in the The Foodtech Programme.
AI, data, IoT, blockchain businesses solving issues in the food value chain are also eligible to apply.
- The business must be registered in South Africa
- Must be at least 6 months in operation
- Must be Seed to Series A stage
- Minimum of two founders
- The business’ product must be an innovative and disruptive solution
- Must have a traction which is a sizable market showing one can capture a market fast
How to apply
Are you an emerging business working to provide solutions in the food value chain in Africa? Participate in The Foodtech Programme to be a part of the global progress in the sector. Application deadline is on Sunday, July 24, 2022.
