Investors: Participate in CTA’s AgriHack programme to support entrepreneurs and identify deals!
Join the Technical Centre for Agricultural and Rural Cooperation (CTA) in our efforts to help young entrepreneurs in offering innovative ICT services to support the agri-food sector. We are looking for investors to support the Pitch AgriHack activity, a new component of CTA’s long-standing AgriHack Talent programme.
The AgriHack Talent programme has involved than 600 young innovators and entrepreneurs, supporting the creation of some ICT products and start-ups. CTA has been collaborating with ministries, ICT incubators, farmers’ organisations and key national and international development organisations across Africa, the Caribbean and the Pacific.
What is Pitch AgriHack?
The first pilot of Pitch AgriHack is being implemented in collaboration with the African Development Bank and with the support of development partners and ICT incubators, including the Centre for Agriculture and Biosciences International (CABI), the venture capital firm DevLabs and the incubator mLab East Africa. It will provide a business-training boot camp followed by a pitching competition for e-agriculture start-ups run by young innovators (18 – 35 years), giving them the chance to win funding to help them consolidate, pilot or upscale their platforms and services. A call for for start-ups to sign up has been launched. The physical event during which training and pitching will be organised will be held in Kenya from 22 to 24 November 2016.
What is the role of investors?
CTA will provide grants of up to €15,000 to some winning start-ups, as well as various opportunities. We are inviting investors to help select which start-ups will eventually pitch during the main event, giving them an inside track on investment deals with best start-ups identified.
An investor can contribute by participating in this year’s event as:
- a virtual judge to select the semi-finalists and/or finalists of the competition
- a judge during the pitching event
- as an attendee to identify investment opportunities and provide advice to teams.
What kind of investors are we looking for?
Ideal investors would be those that focus on agriculture and ICTs, on early stage start-ups, angel investors, impact investors and patient investors.
Over the next 4 years, CTA is looking for additional resources to be able to support 500 young ICT start-ups targeting the agrifood sector.
How to join us
If you are interested in participating in Pitch AgriHack 2016 as an investor, or for more information, get in touch with:
- Ken Lohento (ICT4D Programme Coordinator at CTA) at firstname.lastname@example.org and
- Sheilah Birgen (m:lab East Africa Lead) at email@example.com
The Technical Centre for Agricultural and Rural Cooperation (CTA; www.cta.int ) is a joint international institution of the African, Caribbean and Pacific (ACP) Group of States and the European Union (EU). Its mission is to advance food and nutritional security, increase prosperity and encourage sound natural resource management in ACP countries. It provides access to information and knowledge, facilitates policy dialogue and strengthens the capacity of agricultural and rural development institutions and communities. ICT for agriculture and Agribusiness, notably led by young entrepreneurs and innovators, are key areas of intervention for CTA.
CTA operates under the framework of the Cotonou Agreement and is funded by the EU.