Call For Applications: 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’s (ACFM) Technical Assistance Window, delivered through Open Capital’s Agri-SME Support Program.
Led by industry leaders, the Seed Lab equips you with essential skills in strategic planning, financial management, business operations, and leadership, to support sustainable growth and measurable impact.
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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
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