Photo: Fintrac Inc

USAID accelerator program for African women in agribusiness

USAID and Feed the Future have issued an invite to Sub-Saharan Africa women in agribusiness for the Accelerating Women Entrepreneurs Prize 2018.

The United States Agency for International Development (USAID) announced a competition for Sub-Saharan Africa women entrepreneurs, in agribusiness, to vie for the opportunity to take their businesses to the next level. This is in partnership with Feed the Future – a U.S. Government global hunger and food security initiative.

The Accelerating Women Entrepreneurs Prize is open to women helping smallholder farmers increase access to agricultural input (seeds, fertilizer, etc.), technology (ICT, irrigation, etc.), financial and risk management services. Those who assist them expand market access, through off-taking and processing, are also welcomed to apply.

Winning applicants will enjoy access to capital to scale and improve their work. They will also receive investment readiness consulting services, which will involve review of enterprise systems and co-development of a 5-year strategy.

These are just bits of the sh.5 million ($50,000) technical assistance package. The enterprise has to either be women-owned or women-led to be eligible for the prize.

It must also be for-profit and operating, plus headquartered, in one of USAID’s countries of operations in Sub-Saharan Africa. Kenya is one of these.

Deadline for application is 25th April, 2018. You need to visit the official webpage to learn about the application procedure.