Introduction

The FCMB Agritech Hackathon & Venture Building Program 2024 is a 6-month program to support early-stage businesses across Africa. The program, supported by FMO, aims to identify and groom innovative AgriTech startups with solutions to agricultural challenges. The program consists of a 3-month Hackathon, 6 weeks of venture-building sprints, and an Investor Day program with a Documentary premiere.

Scope of Work

The program is divided into two phases: Hackathon and Venture Building. The Hackathon phase focuses on identifying and selecting promising AgriTech startups. The Venture Building phase provides selected startups funding, mentorship, and resources to develop their ventures.

Eligibility

To be eligible for the program, applicants must meet the following criteria:

• Your business idea should be in the early stages of development.

• You should have a team with a mix of skills and experience relevant to building an Agritech business.

• You should have a strong passion for agriculture and a desire to impact the industry positively.

• You should be committed to participating fully in the program and working hard to develop your venture.

• Be a legally registered company either as a business name or limited; individual teams of hackers are also encouraged to apply to the hackathon.

Budget and Duration

The program is a 6-month with a 3-month Hackathon and 6 weeks of Venture Building sprints. The winners of the Hackathon will receive cash awards, mentorship, and qualification for the Venture Building program. The top teams in the Venture Building program will receive funding, office space, access to industry networks, marketing support, and opportunities for partnerships, collaborations, and investments.

Additional Information

The program focuses on various thematic areas, including:

• Funding the Future of Agriculture

• Credit Where Credit is Due

• Infrastructure Innovation

• AgriTech for Productivity

• Market Access for Smallholder Farmers

• Empowering Farmers Through Training

• Securing the Food Supply

• Scaling Smallholder Farms

• Agribusiness for Economic Growth

• Data Management for Smallholder Farmers

Key Dates

The FCMB Agritech Hackathon & Venture Building Program 2024 application deadline is September 5, 2024.

Selection Process

The selection process for the program involves a multi-stage evaluation process. The program organizers will evaluate applications based on the criteria outlined in the eligibility section.

Contact Information

For more information about the program, visit the FCMB Agritech Hackathon website: FCMB Agritech Hackathon.

Reporting Requirements

The program organizers may require participants to submit reports on their progress and achievements throughout the program.

For More funding Opportunities, Visit Global Funding Opportunities.