Africa-wide

Competition

Entrepreneurship

Generation Africa - Agripreneur Prize For Young African Entrepreneurs Movemeback African initiative cover image

Details

GoGettaz Agripreneur Prize is a fantastic opportunity for young African agripreneurs to take their business venture to the next level. In addition to the US$50,000 proze fund, the competition also offers agripreneurs the chance to attend the Africa Green Revolution Forum (AGRF) virtual meeting and make their mark.

Finalists will also receive mentorship, programming linkages and guidance to continue their entrepreneurial journey.

Criteria

The Entrepreneur

  • Entrepreneur is aged 35 or below on the date of submission to the competition, and is legally recognised as an adult in country of nationality
  • Entrepreneur holds nationality (with an official ID) from a country which is a member of the African Union
  • 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
  • Entrepreneur has no criminal record related to corruption, tax evasion, financial impropriety, felony or other offence, and will provide a signed declaration to that effect, if requested

The Venture

  • 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 1 Julne 2023
  • Venture is headquartered in a country which is a member of the African Union
  • 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
  • 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

The agri-food sector may be defined as businesses including:

  • Agri-food research & development
  • Primary food production (farming)
  • Crop nutrition
  • Irrigation
  • Mechanisation, automation or robotics, including drones
  • Crop protection
  • Hydroponics or urban farming
  • Transport, distribution, storage or logistics
  • Food processing
  • Packaging or marketing
  • Food retail or service
  • Waste management or recycling
  • Digital or technology solutions/services to the agri-food sector
  • Innovative finance solutions/services to the agri-food sector
  • Renewable energy or environmental solutions/services to the agri-food sector

The Business

  • Originality and innovation
  • Market potential and traction
  • Social and commercial impact
  • Environmental sustainability
  • Inspiring and investible team

Benefits

  • Two entrepreneurs, one woman and one man, will each win 50,000 US Dollars for the most innovative and scalable business ventures
  • All our finalists will also receive mentorship, programming linkages and guidance to continue their entrepreneurial journey

About Generation Africa

Generation Africa is the partnership initiative with a vision to strengthen the ecosystem for youth entrepreneurs in the agri-food sector across the continent. Founding partners are Econet, a global telecommunications, media, energy and technology group founded on the African continent, and Yara International, a global crop nutrition company, founded in Norway.