AgriHack Talent Programme
CTA has initiated the AgriHack Talent Programme to support youth ICT innovations and entrepreneurship in agriculture. A new component of the programme is Pitch AgriHack! – a bootcamp followed by a pitching competition, and opportunities to win grants and investments. Pitch-AgriHack! targets existing e-agriculture start-ups with working prototypes or services already in operation.
Plug and Play
CTA’s tech-dating for agriculture event showcases the range of ICTs/mobile platforms developed and being implemented along the agricultural value chain. The event offers ICT innovators the opportunity to demonstrate their solutions to interested clients; users to discover the latest ICT platforms along the value chain; investors to identify viable areas for investment; donors to discover emerging areas for support; and agriculture policymakers to understand and explore areas for action.
Read all about Africa’s start-up initiatives, incubation and acceleration programmes, and hubs on the tech start-up portal Disrupt Africa. It is a one-stop-shop for news, information and commentary pertaining to the continent’s tech start-ups and their ecosystem.
Innovation Village is about promoting new technologies, businesses, products, services, and start-ups in Africa. This news blog gives information about innovation and business in Africa, especially for start-ups and young entrepreneurs.
News about UAVs Evaluation of incubation programmes
“Measuring Value Created: By Impact Incubators & Accelerators” (November 2014) is a report of I-DEV in conjunction with the Aspen Network of Development Entrepreneurs (ANDE) and Agora Partnerships, which examines and evaluates the value created by impact incubators and accelerators for entrepreneurs.
Insight into incubation in rural areas
This report with the title “Good Incubation in India: Strategies for supporting social enterprise in challenging contexts” (January 2016) was commissioned by the UK Government’s Department for International Development. It looks at the challenges of incubating enterprises outside of the metropolitan cities.
Knowledge in the impact accelerator market
The Rockefeller Foundation, in conjunction with Monitor Deloitte tried to understand the needs of start-ups by studying the ecosystem of more than 160 impact accelerators, in the US, Sub-Saharan Africa, and Southeast Asia. The results have been summarised in the report “Accelerating Impact: Exploring Best Practices, Challenges, and Innovation in Impact Enterprise Acceleration” (February 2015).
Social entrepreneurship in agriculture in Kenya
“A case study of health and agriculture social enterprises in Kenya” (March 2014) was produced by a team from ODI, Bertha Centre for Social Innovation and Entrepreneurship, University of Cape Town, KCA University, Nairobi, and the East Africa Social Enterprise Network (EASEN). This is one of the few reports that focuses on social entrepreneurship in agricultural in Kenya.
Links to start-up funds and fund sources
Start-ups are being backed by both overseas and domestic investors and funds. Not sure where to look for investment for your business idea? This list of start-up funds could help you further (Source: CTA and Disrupt Africa).
The MasterCard Foundation Fund for Rural Prosperity has launched the Innovation Competition and the Scaling Competition for innovative entrepreneurs that work on new financial products and services that can effectively meet the financing needs of people living in poverty in rural and agricultural areas.
The Africa Agriculture and Trade Investment Fund focuses on investments into the agricultural sector. It targets small, medium and large scale agricultural farms as well as agricultural businesses along the entire agricultural value chain.
African Business Angel Network is a pan African non-profit association founded to support the development of early stage investor networks.
CapitalFinder from AlliedCrowds is a free database on alternative finance in the developing world. It lists from crowdfunding platforms to venture capitalists to government programmes.
The Seedstars Group is a Swiss-based venture builder that is active and invests in emerging markets in Asia, South America, The Middle East and Africa.
South African venture capital firm 4Di Capital announced a first close of US$16.8 million in initial commitments for a new technology venture capital fund.
As worldwide start-up fund that is very active in Africa, Village Capital looks set to scale up its activities after announcing the close of a US$17.7 million fund by its investment arm VilCap Investments.
Capria Accelerator announced the launch of a US$100 million fund that will invest in equity and debt funds targeting early-stage impact businesses across Africa, Latin America, and Asia.
UNICEF has launched a US$9 million Innovation Fund to target open source technologies for children
Tech accelerator mLab Southern Africa and the Technology Innovation Agency have launched the App Fund 2016 with grants of up to US$35,000.
VC4Africa is the largest online community of entrepreneurs and investors. Entrepreneurs have access to free online tools, mentorship opportunities and private deal rooms.