$45,000 In Cash Prizes On Offer At The Pitch AgriHack 2021 Competition For Agritech Startups

Heifer International invites agritech companies to apply for its Pitch AgriHack 2021 Competition, for the chance to win cash prizes totalling $45,000.

The program aims to identify young innovators who are building scalable solutions that enable the resilience of Africa’s food system beyond the COVID-19 pandemic.

Besides cash prizes, winners of the competition will get support to expand their solutions so that it’s able to transform agriculture in Africa.

The prizes will be awarded to companies that are in one of these three categories: early stage, growth stage, and women-led.

Eligibility

Applicants must meet these eligibility criteria to be considered:

•Aged between 18 and 40 years on the day they submit their application

•Be the founder or co-founder of the company they represent

•Have no criminal record relating to financial corruption or tax evasion

•Must not be a previous finalist of the Pitch AgriHack competition

Besides these, applicants should also provide a clear description of how their solution is positively impacting smallholder farmers.

How The Competition Will Unfold

Screening of applications will determine the top startups from the pool. Selected applicants will be put through a one-day Bootcamp, which will prepare them for their final pitches.

Besides the three categories mentioned earlier, there will be a fourth category of startups that have been invited by organizers. The winner of the invite-only category will receive $1.5 million in grants, available to ventures that are having a positive and measurable impact on African smallholder farmers.

Two winners will be selected from each of the four categories (six from the open category and two from the invite-only category). These winners will be announced at the AGRF Summit which takes place in Nairobi, Kenya, from September 6-10.

Besides winning cash prizes, winning startups will also have their business profiles published in a Deal Book that will be distributed at the AGRF Summit. This gives them exposure to the investors who will be attending the event.

Applications to the Pitch AgriHack competition are open until August 16, 2021.

To find out more and enter this competition, click here.

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ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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