Deadline: the 3rd of July, 2023 | Young Agritech Entrepreneurs Pitch AgriHack 2023 (Total Prize Money: $45,000)
The Pitch AgriHack 2023 application period is currently open. The Pitch AgriHack provides a venue for innovative thinkers to share their technical fixes for the continent’s agricultural landscape. Pitch AgriHack 2023 will honor the most outstanding projects that tackle major problems and advance sustainable agricultural development with a total prize pool of $45,000 USD.
They want the world to hear about the answers developed by Africa’s greatest young brains. Young agritech entrepreneurs have the power to transform how food security issues are handled and to support smallholder farmers across the continent.
Categories
Three categories are recognized as winners in the competition:
- startups in the agritech industry
- mature or developing agritech businesses
- Women-run agritech companies
Prizes
- Each winner will get a cash reward of US$10,000, and each runner-up will receive US$5,000. There will be a total of three winners and three runners-up.
Eligibility
Candidates include technological firms that are in the early, mature, or growing stages, or those are managed by women, and have creative solutions that have a significant impact on smallholder farmers.
Candidates should possess:
- a precise explanation of how their solution affects smallholder farmers.
- solid operational and organizational structure.
The candidate submitting must:
- Age between 18 and 40 on the day that your entry to the 2023 Pitch AgriHack Competition is due.
- possess official identification and nationality from one of the 54 African Union member countries.
- Be the primary founder or co-founder of the business entered in the competition, and take an active part in running and leading it.
- have no prior convictions for any crimes such as tax evasion, financial fraud, felony, or corruption.
- not have previously placed in the finals or won GoGettaz or Pitch AgriHack.
- Send in your application in English.
- I accept the terms and conditions.
Early-stage category, requisites for venture:
- the capacity to scale up and have a significant influence on lots of smallholder farmers.
- a recognizable technological advancement that solves the issues listed below for smallholder farmers:
- Small-scale farming output
- revenue from smallholder farmers
- Workload requirements for operations
- Resilience
- Informational accessibility for smallholder farmers
- superior competitive position
Ventures in the growth-stage category must have:
- he capacity to scale up and have a significant influence on lots of smallholder farmers.
- recorded proof of an influence on the income of smallholder farmers.
- a recognizable technological advancement that solves the issues listed below for smallholder farmers:
- Small-scale farming output
- revenue from smallholder farmers
- Workload requirements for operations
- Resilience
- Informational accessibility for smallholder farmers
- superior competitive position
Selection Standards
The top 12 start-ups will be chosen after a screening process and invited to a pitch training session. The majority of the chosen startups will be owned by women (at least one formal co-founder must be a woman). The quality of the information provided in the application heavily influences the decision. The organizers reserve the right to seek more information.
Online selection standards
- How pressing a necessity is it?
- What issue does the answer resolve?
- How original is the answer?
- Does the team show that it can carry out its tasks?
- What market opportunity exists?
Technical evaluation standards
- Scalability is an early-stage category.
- Possibility/Conceptual Proof
- Solution’s suitability on a technical level
- Smallholder farmers who have reached the mature-stage
- Profitability
Final Pitch requirements
Technological Innovation Business Model Team Scalability Effect on Smallholder Farmers
Use-of-funds Application
The deadline to apply is July 3, 2023. Late applications won’t be taken into consideration.
To learn more, go to Pitch AgriHack.
