O-Farms Accelerator Program 2021 for Kenyan Agribusiness Apply Now to Get Up to €50,000 Grant

Charbens Benedict

2 years ago

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.

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.

Read also: BIS Grant 2021

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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