Deadline:

October 28, 2019

Location:

Bonn, Nordrhein-Westfalen, Germany

(partially Funded)

Description

GIZ-SAIS INVESTMENT READINESS PROGRAMME

Have you successfully developed innovative digital solutions for the agricultural and food sector with a positive impact on income generation? Are you still looking for company development support to scale your business and increase your impact?

The GIZ-SAIS Investment Readiness Programme provides tailor-made company development measures aimed at improving your investment readiness and gaining access to investment and business opportunities.

More Details

‘Scaling digital agriculture innovations through start-ups’ (SAIS) is a project implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). Their goal is to scale digital innovations developed by African start-ups that enable their users in the agricultural or food sector to increase their income.

Opportunity Focus Areas:

  • Agribusiness
  • Agritech
  • Food and beverage
  • Food production
  • UAVs (drones)

Required Languages

English.

Eligible Countries

EGYPT, TUNISIA, ALGERIA, MOROCCO, SUDAN, LIBYA,  SOMALIA, DJIBOUTI, MAURITANIA, COMOROS.

Program Period

December 15, 2019 – June 15, 2020

  • A six-month Investment Readiness Programme fully funded by GIZ-SAIS beginning in December 2019. The programme is built around regular virtual coaching and training sessions with experienced company developers and growth managers.
  • Three in-person meet-ups complete the programme: a kick-off workshop in Nairobi, Kenya, in December 2019, followed by a mid-term check-in in the third or fourth month and a link-up event with investors and business partners will conclude the programme.
  • Throughout the duration of the programme, the GIZ-SAIS team will facilitate contacts and interactions with potential investors and business partners using the global investor cloud services.   .

Eligibility Requirements (Criteria)

You can apply if your business:

  •  a start-up registered in Africa, a for-profit business with a team of at least two people
  • is offering scalable digital solutions with a clear positive impact on income in the agricultural and/or food sector (e.g. through savings, business opportunities, added value, etc.),
  • and is in the post-seed stage (i.e. have launched a minimum viable product, have an existing customer base, have evidence of revenue).

Projects will be selected on the basis of an application that showcases:

  • a convincing business model,
  • a highly-motivated team that ideally reflects gender equality and diversity,
  • and presents a digital product that is scalable, demonstrably functional, user-oriented, commercially viable and makes use of sustainable technical solutions while also, ideally, promoting gender equality in the agriculture and food sector.

Opportunity Cost

(partially Funded)

  • GIZ-SAIS gives selected startups access to six months of fully-funded company development support with the aim of improving their investment readiness. The programme includes regular virtual coaching and training sessions with experienced company developers and growth managers targeting the needs of the respective startups. Moreover, selected startups are supported by additional service providers to improve startup operations (e.g. legal, marketing, cash flow management). Three in-person meet-ups give the chance to also interact with the experts and network with other startups.

How to Apply

online application: Please apply online by October 28, 2019, via the VC4A website and upload a short pitch video (max. 2 minutes) via an unlisted (i.e. hidden to the public) YouTube link. The video should clearly convey your vision, the problem you are addressing and how your product resolves it as well as the user experience. Please provide all requested information in order to ensure your inclusion in the selection process.

Apply Now

More Details

Know more about this opportunity:

Official Website

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This Scholarship Published by:
Yasmeen Mohamed/ Egypt

Reviewed by” Nada Ahmed/ Egypt
MARJ3 Intern
MARJ3 Scholarships team