Call for Applications: Agri-SME Program Seed Lab For Africans

Call for Applications: Agri-SME Program Seed Lab For Africans

Agri-SME Program Seed Lab For Africans

The Seed Lab is a key initiative to support agri-SMEs under the African Development Bank’s Agri-Food SME Catalytic Financing Mechanism (ACFM) Technical Assistance Window, which is delivered by Open Capital’s Agri-SME Support Programme.

The Seed Lab, led by industry leaders, will teach you critical skills in strategic planning, financial management, business operations, and leadership to help you achieve long-term growth and measurable results.

Also Apply: GAIN AGRI-Business Innovation Challenge | Up to ₦ 20,000,000 EQUITY-FREE GRANT

Eligibility for Participation

To be eligible for the Seed Lab, your business must meet the following criteria:

  • Geographic location: Ghana, Kenya, Uganda, or Nigeria
  • Sector: Agribusinesses operating in food system value chains, and supporting ecosystem players, e.g., agricultural producers, input & equipment providers, processors, marketplaces, Ag-tech businesses, etc…
  • 2023 annual revenues: US $100,000-$500,000
  • Number of full-time employees: 5-50
  • Capital raise target: US $50,000-$750,000
  • Gender and climate integration: Prioritization will be given to SMEs with integrated gender-inclusive and climate-resilient practices

Also Apply: Applications now open for Accelerate Program of the Yiri Innovation Center

More specifically, the Seed Lab offers a comprehensive, tailored curriculum designed for Agri-SMEs, following the journey from developing the business model to scaling your business and raising external capital.

Deadline: August 5, 2024

Apply here

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