fbpx
Edit Content

Apply for AYuTe Africa Challenge Nigeria

Apply for AYuTe Africa Challenge Nigeria

About the Challenge

The AYuTe Africa Challenge Nigeria is an enterprise development programme initiated by Heifer International and implemented by Enactus Nigeria to identify, nurture, and support innovative, relevant and technology-driven agric-centric enterprises to grow, scale and thrive.

Candidates should be early-stage or growth-stage youth-led agritech businesses/companies with innovative solutions impacting smallholder farmers at scale.

Start Your Business in 30 Days Even If You Don't Have An Idea
Start Your Business in 30 Days Even If You Don’t Have An Idea

See also, Apply for the Ecobank Fintech Challenge 2022.

Eligibility Criteria

Applicants must:

  • Be aged 18-35 by the closing day of submission to the AYuTe Nigeria challenge.
  • Be a youth with innovative ideas focusing on the agriculture sector.
  • Have ideas that are proven to solve social problems and are implementable, technically feasible, economically sound (affordable), and environmentally smart (eco-friendly).
  • Hold Nigerian nationality with official ID (national identity card, international passport, or permanent voters’ card).
  • Produce financial statements for the venture.
  • Be the founder or co-founder of the enterprise represented in the competition and play an active role in its operations and leadership.
  • Have no criminal record related to corruption, tax evasion, financial impropriety, felony or other offences.
  • Have the potential for partnership and collaboration with other actors/stakeholders.

The company must have:

  • Been registered/incorporated with the relevant government agencies in Nigeria.
  • The ability to scale and impact a large number of smallholder farmers, including recorded evidence of demonstrated impact on smallholder farmers’ revenue and/or operations.
  • The potential for job creation and poverty reduction.
  • Alignment with relevant national policies and international treaties (e.g., SDGs).
  • An identifiable technological innovation that addresses the following problems for smallholder farmers:
    1. Smallholder farmer productivity.
    2. Smallholder farmer income.
    3. Labour intensiveness of operations.
    4. Resilience.
    5. Access to information.
    6. Strong competitive advantage.

AYuTe Africa Challenge Nigeria Programme Benefits

  1. Coaching and mentorship, personalized to unpack training into business implementation for the top-5 finalists.
  2. Technical assistance at the various levels of the challenge to strengthen the MVP and the business and financial model of the start-up.
  3. Links to financial and investment opportunities.
  4. Networking opportunities to showcase your solution and meet with investors and other stakeholders.
  5. Cash prize awards of a total of $20,000 for the top three winners:
    • Winner: $10,000.
    • First Runner-Up: $6,000.
    • Second Runner-Up: $4,000.

Key Timelines

The application period will run from 17 August to 16 September. In September 2022, the first stage of the challenge will identify the top-10 agritech innovators and the second stage will identify the top-5 agritech innovators. The top three enterprises will be awarded cash prizes at a pitch and awards ceremony in October 2022.

How To Apply

The application period will be open from 17 August to 16 September, 2022, by 5pm WAT. This application form can be accessed in two ways: Web and App. To access the form, follow the links provided below.

Web: Follow the link here.

App: Follow the link here.

Applicants will receive a confirmation message for their application after submission by email/SMS.

See also, Apply for the British Council IELTS Prize 2022 (Win up to £3,000).

Share:

Facebook
Twitter
LinkedIn

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Business Registration

Most Popular

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Related Posts

Cheapest Business Ideas To Start

10 Cheapest Business Ideas To Start In Nigeria

Nigeria’s heartbeat is its entrepreneurial spirit. In a country with endless opportunities, the concept of entrepreneurship is not just a path to personal success; it’s a necessity for national progress. We will be exploring the 10 cheapest business ideas you can start to contribute to the national growth of Nigeria.

Small Business Insurance

Small Business Insurance- Everything You Need To Know

Why does a small business need insurance? Imagine small business insurance as a safety net for your business. It is designed to catch you when unexpected events threaten to tumble your hard work into chaos. This form of insurance comprises various policies designed to provide a financial cushion against the

Power of Trading Signals

The Power of Trading Signals for Financial Market Success

Trading has long captured the hearts and minds of many entrepreneurs worldwide. It offers the opportunity to master the financial markets and capitalize on market movements within its hallowed walls. In today’s article, we will explore the modern tools that assist traders in making potential profits, delving deeper into the

Types of small business insurance

Types of Small Business Insurance Every Business Should Know

Starting a new business is a big deal. It’s exciting and full of possibilities. To move forward confidently, it’s crucial to know about the types of small business insurance that protect your work from costs that unexpected events, like legal issues, damage, or business interruptions, might cause. This article will

Scroll to Top

Join Entrepreneurs Family!

Get access to FREE business insights and funding opportunities daily.

Entrepreneurs Sign Up