O-Farms Accelerator Program 2021 for Kenyan Agribusiness Apply Now to Get Up to €50,000 Grant
O-Farms is an African SME accelerator program completely focused on circular agribusiness with the goal of making circularity a mainstream approach for improved rural livelihoods and sustainability.
The initiative is funded by IKEA Foundation to help scale circular agribusiness innovations in East Africa. O-Farms, led by Bopinc and Village Capital, is focused on accelerating the next generation of innovative circular agribusinesses in Ethiopia and Kenya. Agri-circularity creates a more sustainable food system that drives innovation through developing innovative business models that reduce agricultural losses thereby creating new economic opportunities and jobs in the region.
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Through this approach, Kenya is able to sustainably feed its growing population, without depleting the natural resources. In doing so, O-Farms will build innovation support infrastructure that enables circular agribusiness to grow and develop.
In Kenya, E4Impact Accelerator will implement the O-Farm’s Accelerator Program targeted to SMEs within the agribusiness circular economy that aims to support the SMEs to refine their innovations, strengthen their business models, access financing opportunities and create a founding community advocating for better adoption of a circular economy and supportive policies & legislation.
Eligibility Criteria for O-Farms Accelerator Program 2021
To be eligible to participate in this accelerator program, intending applicants are to meet these requirements;
- Be an enterprise in the agricultural sector
- Applicant should have an innovative or disruptive solution/business model that reduces food losses or valorizes the by-products generated in food production or processing, back into the food system for human food or animal feed, or into biodegradable packaging materials for the food industry, or into compost/organic fertilizers or into bio-energy.
- Business should be a growth-stage enterprise with an existing customer base (post-revenue)
- Business should be a Kenyan registered enterprise with at least one of the founding team members being Kenyan
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Benefits of the Program
As a participant in this accelerator program, you can get the following benefits;
- Customized training program on agri-circularity business
- Technical Assistance to embed circularity principles in the business model including strengthening the systems and processes.
- Coaching and Mentorship – personalized and group coaching to unpack training into business implementation
- Links to financial and investment opportunities
- Networking and peer learning to strengthen innovations and build a community of best practices in agri-circularity.
- Competitive peer-to-peer awarded seed grants of up to Euro 50,000 (for 2 cohort selected enterprises)
- Networking opportunities to showcase your solution and meet with investors and other stakeholders.
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How to Apply
Interested and eligible candidates for this opportunity are to complete their application form online via the O-Farm’s accelerator program application portal here before the deadline.
More information can be found here
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Application Deadline
The deadline to apply for this program is Midnight EAT 10th October 2021.
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