Enactus Nigeria AYuTe Africa Challenge 2023 ($20,000 Prize)

Enactus Nigeria AYuTe Africa Challenge 2023 ($20,000 Prize)

When

Sep 16, 2022    
12:00 am

Event Type

The AYuTe Africa Challenge Nigeria is an enterprise development program initiated by Heifer International and implemented by Enactus Nigeria to identify, nurture, and support innovative, relevant and technology-driven agric-centric enterprises to grow, scale and thrive.

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Candidates should be early-stage or growth-stage youth-led agritech businesses/companies with innovative solutions impacting smallholder farmers at scale.

SEE ALSO: 2022 Entrepreneurship Campus Citizen Entrepreneurship Competition for Young People worldwide

Eligibility Criteria

  • Candidates should be early-stage or growth-stage youth-led agritech businesses/companies with innovative solutions impacting smallholder farmers at scale.
  • Be aged 18-35 by the closing day of submission to the AYuTe Nigeria challenge
  • Be a youth with innovative ideas focusing on the agriculture sector
  • Have ideas that are proven to solve social problems and are implementable, technically feasible, economically sound (affordable), and environmentally smart (eco-friendly)
  • Hold Nigerian nationality with official ID (national identity card, international passport, or permanent voters’ card)
  • Produce financial statements for the venture
  • Be the founder or co-founder of the enterprise represented in the competition and play an active role in its operations and leadership
  • Have no criminal record related to corruption, tax evasion, financial impropriety, felony or other offences
  • Have the potential for partnership and collaboration with other actors/stakeholders

Benefits

Challenge applicants can expect to receive the following benefits:

  • Coaching and mentorship, personalized to unpack training into business implementation for the top-5 finalists
  • Technical assistance at the various levels of the challenge to strengthen the MVP and the business and financial model of the start-up
  • Links to financial and investment opportunities
  • Networking opportunities to showcase your solution and meet with investors and other stakeholders
  • Cash prize awards of a total of $20,000 for the top three winners:
  • Winner: $10,000
    • First Runner-Up: $6,000
    • Second Runner-Up: $4,000
SEE ALSO: Melton Foundation SDG Innovation Challenge for African Entrepreneurs 2022

The company must have:

  • Been registered/incorporated with the relevant government agencies in Nigeria
  • The ability to scale and impact a large number of smallholder farmers, including recorded evidence of demonstrated impact on smallholder farmers’ revenue and/or operations
  • The potential for job creation and poverty reduction
  • Alignment with relevant national policies and international treaties (e.g., SDGs)
  • An identifiable technological innovation that addresses the following problems for smallholder farmers:
    1. Smallholder farmer productivity
    2. Smallholder farmer income
    3. Labour intensiveness of operations
    4. Resilience
    5. Access to information
    6. Strong competitive advantage

Documents Required for Application

  • Soft copy of any National Official ID (national identity card, international passport, driver’s license, or temporary/permanent voters’ card)
  • Soft copy of a clear headshot photo

How to Apply

To access the form, follow the links provided below.

Applicants will receive a confirmation message for their application after submission by email/SMS.

Any queries? Please contact [email protected]

Begin your Registration

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