CGIAR Food Systems Accelerator Program ($20,000 grant) 2024
The CGIAR Food Systems Accelerator (CFSA) program is a science-driven accelerator designed to support agribusinesses scale climate-smart innovations that address pressing challenges in East and Southern Africa food systems. By combining investment readiness with tailored science-based technical assistance, CFSA provides agribusinesses with the necessary tools and knowledge to become more commercially viable, environmentally conscious, and sustainable.
For the 2024 cohort, the CFSA will be partnering with the Agroecology Initiative to support agribusinesses in embracing sustainable and eco-friendly agricultural practices. This collaboration aims to integrate principles of agroecology, which involves the science, practices and innovations applied to transition food systems towards more sustainable and equitable production and consumption. Agroecology places emphasis on improving resource efficiency, strengthening resilience, and securing social equity and responsibility. For example, business models that encourage equal participation of women and men in decision-making and leadership, recycling organic matter to improve sustainable production, etc
About CGIAR
CGIAR (formerly the Consultative Group for International Agricultural Research) is a global partnership that unites international organizations engaged in research about food security.CGIAR research aims to reduce rural poverty, increase food security, improve human health and nutrition, and sustainable management of natural resources. It is carried out at 15 centers (CGIAR Consortium of International Agricultural Research Centers) that collaborate with partners from national and regional research institutes, civil society organizations, academia, development organizations,…
CGIAR Food Systems Accelerator Program
- Category Entrepreneurs
- Organisation CGIAR
- Country to study–
- School to study–
- Course to study Not specified
- Application Deadline January 8, 2024
Aim and Benefits of CGIAR Food Systems Accelerator Program
- CSA Technical Assistance: through this program each agribusiness will collaborate with CGIAR scientists and experts to receive coordinated and specialized evidence-based technical support that encourages adoption and strengthens their CSA practices, addresses concrete ecosystem challenges, and improves their bankability. Agribusinesses may also have access to research and data.
- Impact Measurement and Management (IMM): Agribusiness teams will receive training on how to effectively measure and manage impact on climate-smart agriculture and agroecology, use their data to improve business performance, identify areas where value can be created and achieve their desired result in contributing towards positive environmental and social impact. This training will be provided by CGIAR network of scientists and experts.
- Investment Readiness: Each agribusiness will collaborate with a CGIAR partner and its network to receive investment readiness and business development support to help secure financing from the private sector.
- De-risking Grant: Upon successful completion of the accelerator program and Pitch Day, the winning pitches will receive de-risking grants of USD $20,000, USD $18,000, and USD $12,000, respectively, based on their scaling plans.
- Access to the network of investors to attract follow-on funding in grants, debt, and equity according to funding needs.
Requirements for CGIAR Food Systems Accelerator Program Qualification
- The business should be officially registered and compliant with regulatory authorities. Provide the following:
- A Certificate of Incorporation for a Limited Company or Partnership Deed for a Partnership Business.
- 2 years audited accounts for growth stage companies OR 2-year management accounts for early-stage companies.
- At least 2 contact details of the company’s references.
- Team composition.
- Curriculum Vitae for the management team.
- Tax Compliance certificate OR official documentation for tax exemption.
- A clear inclusive strategy for smallholder farmers, women, and youth within the business model in at least one of the following dimensions: ownership, management team, workforce and policies, supply chain and customers.
- Applicants must be a for-profit company and demonstrate commercial viability and either be profitable or on the path to profitability. NGOs, corporate companies, and consultants will not be considered.
- Operating in the following countries: Kenya, Malawi, Rwanda, Tanzania, Uganda, Zambia, or Zimbabwe.
Interview date, Process and Venue for CGIAR Food Systems Accelerator Program
Timeline
- Application period dates: November 27, 2023, and deadline January 8, 2024.
- Selection period: January 15 to February 16, 2023.
- Kick-off event: March 25-27, 2024.
- Technical assistance: April 1, 2023 to September 30, 2024.
- Pitch Day and announcement of grant recipients: October 2024.
Application Deadline
January 8, 2024
How to Apply
Interested and qualified? Go to CGIAR on vc4a.com to apply
For more details,visit CGIAR website
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