For the past two weeks, 14 judges went through 86 semi-finalist applications to determine start-ups which will be named finalists of Pitch AgriHack 2018, a youth e-agriculture start-up support program of the Technical Centre for Agricultural and Rural Cooperation (CTA). The judges were composed of industry experts (ICT and Agriculture), entrepreneurs and investors. Assessment criteria were the following: Proposed solution, Agricultural problem(s) addressed, Unique value proposition, Team composition and added value, Market addressed, Current market traction, Cost structure, Channels/Paths to customers, Revenues stream, Planned milestones and Key performance indicators.
Out of the 26 finalists, 14 are companies led by women founders or co-founders (53%). This is fully in line with the theme of this competition which is: “Women entrepreneurs innovate for agricultural transformation in Africa, the Caribbean and the Pacific”.
Discover the list of the finalists:
a) Advanced platform category
- Lawyers 4 Farmers, Uganda (Women-led)
- Archeos, Benin (Women-led)
- Savanna Circuit Tech Ltd, Kenya (Women-led)
- Solar Freeze, Kenya
- AgroInfoTech Africa, Nigeria (Women-led)
- Daily Fresh Farms, Nigeria (Women-led)
- GO Ltd, Rwanda
- Agro Innova, Ghana
- CLIN SARLU, Togo
- UjuziKilimo Solutions, Kenya
- PREMIUM HORTUS,Benin
- CowTribe Africa, Ghana (Women-led)
- Ankora Global Services, Nigeria (Women-led)
b) Early stage platform category
- Crop2Cash Ltd., Nigeria
- Develop Digitally, Jamaica
- Illuminum Greenhouses Kenya, Kenya
- ZuriCap Ltd, Kenya
- Agrisolve, Ghana (Women-led)
- Agro VCM Solutions Limited, Jamaica (Women-led)
- Codettes, Suriname (Women-led)
- JINUKUN, Benin
- Farmignite Company, Nigeria (Women-led)
- FENOU PACKAGING, Benin (Women-led)
- Kitovu Technology Company, Nigeria
- AGRISOFT, Togo (Women-led)
- AKABOXI, Uganda (Women-led)
With 6 representatives, Nigeria tops the finalist countries, followed by Kenya and Benin with 5 and 4 representatives respectively. The Caribbean is represented by three young businesses. A total of 325 applications were initially received from 36 countries within the ACP region.
Participation in the 2018 African Green Revolution Forum (AGRF)
Finalists will take part in a boot camp and pitching sessions in Kigali, Rwanda, from 03 to 08 September 2018, on the occasion of the 2018 African Green Revolution Forum (AGRF), organised by the Alliance for a Green Revolution in Africa (AGRA) and partners. They will benefit from capacity building and will have the opportunity to pitch their solutions to development partners and potential investors as well as a new panel of judges. Winners will be announced on the closing day of the AGRF which will gather about 1000 participants including high-level government and private sector representatives. The theme of AGRF 2018 is “Lead. Measure. Grow: Enabling new pathways to turn smallholders into future agribusinesses”.
Up to nine start-ups will be selected as winners, thanks to the support of partners notably the African Development Bank (AfDB). Each winning team will receive a cash prize of up to €15,000, and benefit from promotional support, additional capacity building and networking opportunities. Up to five women-owned startups will be selected as winners.
About Pitch AgriHack
Pitch Agrihack is organised by CTA with the support of AfDB and in collaboration with AGRA. Other stakeholders partnering on the activity include the association Women In Tech Africa, the innovation support institution Suguba Africa and several incubation centres. Pitch AgriHack ambitions to help develop business services offered by young e-agriculture start-ups as well as contribute to the acceleration of the adoption of innovations for stronger productivity in the agri-food sector. More information on past editions and results here.
Congratulations to finalists and thank you to all partners.