Applications for an Agriculture focused incubation cohort sponsored by FCMB are open. The incubation program would be carried out by Wennovation Hub where early stage entrepreneurs would be guided to test and validate their ideas as well as gather their first set of customers or pivot if it comes to it. Financial support, guidance and training would be put together and delivered to achieve this.
All innovative ICT driven ideas are accepted, but mentioned include Procurement / Supply chain Management and Agri-finance/ Agri-insurance. Up to 10 startups with very relevant solutions in AgriTech will be selected.
To be selected, you must have an obviously competent team, a viable idea, an innovative solution, an available market and potentials for scalability. Registered companies and Female led teams would be at advantage.
+Provides pre-seed investment to validate product-market fit.
+Offers access to experienced mentors.
+Provides opportunities to connect with potential customers and investors.
+The cohort structure encourages peer learning and support.
+The intensity of the program gives startups the chance to really develop strong business models.
+Provides validation of the startup.
The AgricTech incubation program wants to:
+Expose at least 30 teams to the root of the pre-defined problem statement by merging an in-depth problem definition strategy with an immersion process.
+Support at least top 10 teams to build an MVP and a sustainable business modelby taking them through an intensive 4 weeks incubation program.
+Support at least top 2 teams with seed investment.
+Specific value of this program to startups includes:
Are you interested? APPLY HERE.