The AYuTe Nigeria Challenge – Enterprise Development Program ($20,000 Prize)
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.
Compete for a chance to win a share of $20,000 in the AYuTe Nigeria Challenge.
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
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:
- Smallholder farmer productivity
- Smallholder farmer income
- Labour intensiveness of operations
- Access to information
- Strong competitive advantage
- In September 2022, the first stage of the challenge will identify the top-10 agritech innovators and the second stage will identify the top-5 agritech innovators.
- The top three enterprises will be awarded cash prizes at a pitch and awards ceremony in October 2022.
Application Deadline: 16 September, 2022, by 5pm WAT.
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