Applications call for GoGettaz Agripreneur Prize 2020
The GoGettaz Agripreneur Prize aims to find Africa’s brightest young agrifood entrepreneurs. VC4A is searching for agribusinesses that bring technology, innovation, and passion to the agriculture and food industries. This is an opportunity for entrepreneurs to change their world and transform the agri-food business in Africa.
Benefits
Two entrepreneurs, one woman, and one man will each win 50,000 US Dollars for the most innovative and scalable business ventures. In addition to that, ten finalists will benefit from a package of support to boost their business. Furthermore, 250 applicants will benefit from online training to strengthen their business plans.
Eligibility Criteria
In order to be eligible for the position of an entrepreneur, candidates must
- Have age 18-35 on the day of submission to the competition.
- Be a citizen of any of the 54 nations of the African Union.
- Be the founder/co-founder of the enterprise he or she represents in the competition and play an active role in its operations and leadership.
- Have no criminal record related to corruption, tax evasion, financial impropriety, felony or other offense.
- Not be a previous GoGettaz finalist. (But if you made it to the semi-finals previously you can compete again).
Furthermore, their venture must
- have its headquarters in one of the 54 countries of the African Union, and be officially registered by 1 August 2020.
- be designed to be financially sustainable, either as a for-profit business or a market-based social venture.
- generating revenue at least in part and aiming for non-donor-based sustainability.
- play a role in the agri-food sector.
Selection criteria
- Innovation: What problem does your business solve for its customers? What is its solution? How is this unique or innovative?
- Market: Who are your customers? Who are your competitors? What is the market potential? What is your go-to-market plan?
- Business Model: How does your business generate revenue? How does it or will it achieve a profit? What is your plan for scaling up your business?
- Impact: How does your business have a positive social or environmental impact? How are you minimizing your negative impacts?
- Team: Who is in your leadership team? What experience and expertise do they bring to the business?
Apply Now