Competition for innovative start-ups to find solutions in the agriculture and food sector 2020
Applicant criteria
- Both
Opportunity criteria
Opportunity description
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 dataThe start-up should have access to customer data via its digital solution (number of customers and gender).
Level of innovationInnovative 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;
Categories
- Digital storytelling
- eLearning
- Digital payment
- Supply chain management
- Food delivery
- Animal and crops health
- Logistic and transport
- e-commerce
- Data analysis
- Data protection
- Data security
- Internet of things
- Virtual /augmented reality
- 3D-printer
- Robotics
- Apps programs
- Database
- Social media
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 For9a
See more opportunities in Canada available on For9a