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African Development Bank – Youth AgriPitch Competition 2020/2021

September 20, 2020 by infopadi Leave a Comment

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The African Development Bank’s Youth Agripreneur AgriPitch Competition and DealRoom connects expansion-ready, youth-led African businesses with global investors (debt, equity and/or grant). The goal of the AgriPitch Competition and DealRoom is to promote innovation and entrepreneurship in agriculture among youth in Africa and to generate jobs, create wealth and improve livelihoods through inclusive growth across the continent.
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AFDB AgriPitch Competition 2020/2021

Shortlisted businesses will participate in a virtual AgriPitch Competition from November 16-20, 2020, where winners will be chosen based on different categories under consideration. The African Development Bank will award shortlisted businesses between US$10,000 and US$40,000 in the form of grant capital (US$120,000 in total is committed).

Click Here for full details

How to Participate in the AFDB Youth AgriPitch Competition 2020

Applicant Evaluation Criteria

All applicants should consider this criteria carefully as they build out their profile for submission.

Value Proposition and Innovation Rationale (30% weighting):

  • How creative is the idea or how creatively the idea solves a problem related to ICT and agri-digitization?
  • Gender responsiveness
  • Addresses nutrition
  • Job creation potential
  • Competitive edge

Sustainability and Scalability (20% weighting):

  • Sound environmental management systems
  • Potential for scaling-up
  • Sufficient and qualified staff, including management

Business Feasibility & Traction (30% weighting):

  • Clear customer pain/need intensity and market size
  • Commercial and technical feasible with strong profit margins
  • Existing traction and customers (for matured start-ups)

Professionalism and Presentation of Business (5% weighting):

  • Structure and presentation of the business model
  • Ease of comprehension of the business
  • Strong writing/presentation skills

Investment Appeal (15% weighting):

  • Investment pull based on respective early start-up, matured start-up, and all-star stage

Click Link- Application Link

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Filed Under: Jobs Tagged With: afdb, COMPETITIONS, Youth Program

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