The United Nations Development Programme (UNDP) has unveiled an agro-challenge programme aimed at crowd-sourcing innovative solutions to the challenges faced across the agricultural value chain in Nigeria.
Dubbed “Agro-Hack Challenge and Summit 2022” the programme was in collaboration with the First City Monument Bank (FCMB), with an aim to enhance the rapid growth of the Nigerian agricultural sector.
Agro-Hack Challenge and Summit 2022
The AgriBusiness and AgriTech challenge cuts across many sub-sectors, such as the production of fertilisers, irrigation, greenhouses, vertical farming and many more. The programme would ensure the development of AgriTech startups, AgriBusiness entrepreneurs, engineers, innovators, and solution enthusiasts across the country and create opportunities for young Nigerians to enhance rapid growth in the agricultural sector and provide jobs.
The programme would also provide entrepreneurship, coaching and mentorship, incubation, startup ideas, validation and access to local and international markets, access to digital tools and infrastructure, grant-funding, and follow-on investments, among other benefits.
“The significant contribution of Agriculture to Nigeria’s economy highlights the sector’s potential and the immense benefits it can provide for the nation. The agricultural sector has the potential to be more than it currently is, with greater returns and yields for farmers, stakeholders, and the Nigerian economy. However, to do this, we must move beyond the traditional methods of agriculture and position ourselves for the future by consistently utilizing tech and innovation,” said Kudzai Gumunyu, Divisional Head, Agric Business at First City Monument Bank (FCMB).
Who can apply?
- AgTech startups, entrepreneurs, innovators and enthusiasts across Nigeria
- Agriculture based research institutes, university students, especially those studying Agric-related courses
- Smallholder farmers and agricultural value chain players, conflict affected communities
Application link is here
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