Competition for innovative start-ups to find solutions in the agriculture and food sector 2020

DÉTAILS OPPORTUNITÉ

Récompense totale

0 $

Organisation à but non lucratif

VC4A

Date limite

30 juin 2020

Niveau d'études

Enseignement professionnel

Type d'opportunité

Divers

Financement d'opportunité

Financement complet

Pays éligibles

Algérie , Comores , Egypte , Mauritanie , Soumalie , Djibouti , Libya , Maroc , Soudan

Région éligible

Toutes les régions

VC4A is offering a competition for innovative start-ups that are about to scale rapidly and apply digital solutions to the agriculture and food sector which enable their users to improve their income. In addition, digital products or services that help mitigate the impact of COVID-19 are a plus and will be taken into special consideration.

Competitive criteria:

Business model

The start-up should have an easily understandable and very convincing business model (clear problem statement, clear digital solution, clear customer segment and clear revenues stream).

Customer data

The start-up should have access to customer data via its digital solution (number of customers and gender).

Level of innovation

Innovative and disruptive solutions will be regarded as an asset and Solutions that help mitigate the impact of Covid-19 will be taken into special consideration

Selection criteria:

Legal representation: The start-up must be registered and operating in at least one African country.

Team

The start-up must have a team of at least two people.
The management team must be highly motivated and work at the business ideally full-time time.

Digital product

The start-up needs to have a viable digital product with a clear positive impact on its users’ income.
The product must be aligned with one of the digital technologies listed below.

Access to market and traction

The start-up must have launched its digital product at least six months ago and provide evidence of good traction as well as existing processes that need to be performed.

Benefits:

Weekly advisory and coaching sessions held virtually during which strategies and measures for rapid growth, product improvement, business and management operations, innovation and scaling are developed and implemented with the start-ups;
Access to additional service providers to optimize certain segments of the start-up (e.g. legal, marketing, coding, etc.);
Integration of the selected start-ups in one of our partner hubs in their home country in order to facilitate their visibility and contact with relevant actors in the local start-up scene;

About VC4A:

VC4A started with the mission to build up Africa’s start up community. Started in 2007, the network building organization has grown organically over the years into what is now the leading community working to build high growth high impact companies globally.

See more available volunteer opportunities on Mina7

See more opportunities in Canada available on Mina7