GIZ-SAIS Investment Readiness Program 2023 for African Entrepreneurs

The project ‘Scaling digital agriculture innovations through startups’ (SAIS), implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), has launched its Call for Applications for the first GIIZ-SAIS Investment Readiness Programme.

Deadline app

31st October 2022

Eligible Countries

African countries

About the Award

Have you successfully developed innovative digital solutions for the agricultural and food sector with a positive impact on income generation? Are you still looking for company development support to scale your business and increase your impact?
The GIZ-SAIS Investment Readiness Program provides tailor-made company development measures aimed at improving your investment readiness and gaining access to investment and business opportunities.

Kind

Entrepreneurship

Eligibility

To be eligible for the SAIS Investment Readiness Programme, you must meet the following conditions:

Legal form You have to be registered and operate in Africa
You have to provide a certificate of registration
Team (founders) You must have a founding team of at least two people who work ideally full time for the start-up
Your founding and management team should have entrepreneurial and technical experience in their area of operation
Digital product/serviceYou must have a viable digital product that positively impacts the incomes of its customers
Your product must have a positive impact on the African AgTech, FoodTech or livestock sector (vertical sectors that have an influence can be accepted like eCommerce, FinTech, Logistics, EdTech etc)
Market access and tractionYou must have launched your digital product at least six months before the application period
Your start-up has to provide evidence of traction (customer base, first revenue Business model
Your start-up should have an easily understandable and convincing business model.
Your start-up should have a clear statement of the problem, clear digital solution, clear customer segment, and clear revenue stream.

Add-ons (But not musts)

You have women in your founding team or as senior managers

You or one of your founding team members has an IT background
You and your founding team members have previous start-up experience
With your product you target a vulnerable group of customers

Selection Criteria

Projects will be selected on the basis of an application that showcases:a convincing business model,
a highly-motivated team that ideally reflects gender equality and diversity,
and presents a digital product that is scalable, demonstrably functional, user-oriented, commercially viable and makes use of sustainable technical solutions while also, ideally, promoting gender equality in the agriculture and food sector.

Number of Awards

Not specified

Value of Award

Regular sessions of personalized coaching with local and international experts
Tailored to your specific and individual needs, during which strategies and measures for rapid growth will be developed and implemented.

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Access to online training (tailored)

Structured around several key themes to develop your start-up further, eg Pitch Training, Growth Strategy, Data Analytics & Management, Term Sheet, Valuation, Market Analysis, Marketing & Sales, and so on.

Integrating you into a local hub (optional)

To get you a workplace for 6 months and facilitate contacts with major players in the local start-up scene, if needed.

Access to additional services

to optimize certain key areas of your business, eg legal advice, online marketing, digital product optimization, design, and coding.

Access to the GIZ network

of our global presence, local expertise, far-reaching networks, and years of experience working with the private sector, investors, and business partners. The network can help you to improve the visibility and contacts with start-ups nationally and internationally through participation in national, regional, and international events dedicated to African entrepreneurs.

Add-on: Program for Female Leaders

In addition to the above-mentioned, we offer special support for female founders and women in leading positions of the start-ups: Our Female Leader Circle meets with the aim of bringing women in leadership positions together, networking and learning from each other. Input sessions on topics that are of special interest for female leaders serve as a starting point for discussion.

How to Apply

Apply

Visit Award Webpage for Details

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GIZ-SAIS Investment Readiness Program 2023 for African Entrepreneurs