The Gogettaz Agripreneur Prize Competition’s 2023 edition, launched by Generation Africa, puts youth-run African agrifood firms back in the spotlight.
At the AGRF Summit, which will take place this year in Dar es Salaam, Tanzania, in September, the tournament will climax in a thrilling final pitch contest performed live on stage.
A game-changing financial incentive will be given to each of the two young African entrepreneurs—a guy and a woman—to hasten their ascent to scale.
About Generation Africa
The GoGettaz Agripreneur Prize Competition has grown to become the largest annual agripreneurship competition in Africa as Generation Africa celebrates its fifth birthday. Generation Africa seeks to encourage millions of young people to pursue careers in the rapidly developing agrifood industry by discovering and assisting innovative, high-potential agribusinesses.
A customised Generation Africa Fellowship Programme (GAFP), carefully selected scholarship possibilities, advocacy platforms, and more are just a few of the organization’s assistance initiatives that are constantly expanding.
Benefits
Two entrepreneurs, one woman and one man, will each win $50,000 USD for the most innovative and scalable business ventures.
Requirements
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Entrepreneur is aged 35 or below on the date of submission to the competition and is legally recognized as an adult in country of nationality.
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Entrepreneur holds nationality (with an official ID) from a country which is a member of the African Union.
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Entrepreneur is the founder/co-founder of the venture he/she represents in the competition and plays an active role in its operations and leadership.
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Entrepreneur has no criminal record related to corruption, tax evasion, financial impropriety, felony or other offense, and will provide a signed declaration to that effect, if requested.
The Venture
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Venture is already legally registered in a country which is a member of the African Union or will have commenced with the registration of such a legal entity prior to June 1, 2023.
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Venture is headquartered in a country which is a member of the African Union.
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Venture is designed to be financially sustainable, either as a for-profit business or a non-profit generating some revenue and aiming not to be dependent on donor funding.
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Venture plays a role in the agri-food sector and/or supports the development of the agri-food sector through an innovation or process improvement.
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The agri-food sector may be defined as businesses including:
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Agri-food research and development.
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Primary food production (farming).
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Crop nutrition.
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Irrigation.
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Mechanization, automation or robotics, including drones.
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Crop protection.
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Hydroponics or urban farming.
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Transport, distribution, storage or logistics.
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Food processing.
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Packaging or marketing.
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Food retail or service.
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Waste management or recycling.
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Digital or technology solutions/services to the agri-food sector.
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Innovative finance solutions/services to the agri-food sector.
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Renewable energy or environmental solutions/services to the agri-food sector.
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Selection Criteria
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Innovation (20%)
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Market potential and traction (20%)
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Social and Environmental Impact (20%)
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Business model (20%)
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Founder and team (20%)
How to Apply
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Give an example of your entrepreneurial mindset.
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How does your venture make money?
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Who are your main customers?
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Who are your main competitors?
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What are your biggest business challenges so far and how have you
overcome them?
Applicants must fill out each section of the application to be considered. Be sure to allow enough time to complete all sections.
Application Deadline
Conclusion
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