The Agribusiness for Innovation Incubator programme, based in Nairobi, has invited applications to participate in the 2014 programme.
The Incubation Programme is developed for those entrepreneurs and their start-ups who have already come up with an innovation to improve food production, processing, technology or distribution, have validated this idea and want to evolve and take the next step towards a successful business.
The programme invites 12 agribusiness start–ups with mature ideas to work together with facilitators, mentors and like mined entrepreneurs in the same environment for 16 weeks.
The sessions and workshops are designed to assist the start-up teams analyse the real need for input and feedback from the market, customers and key stakeholders, and design their tests and pilots accordingly. It is a resident experiential programme, filled with working days where specific topics will be discussed every week.
After 4 weeks the teams present their plans for piloting and testing to a panel of business angles and their fellow peers. This panel decides which 5 start-ups will be receiving the pre-committed funding of 5,000 USD for each team, to commence the testing and piloting.
The successful teams will then continue the programme for another 10 weeks executing their pilot/test with the guidance of facilitators, advisers and mentors – while continuously sharing their experiences with each other.
The activities conclude with a presentation to potential investors, key stakeholders and the social enterprise community at large what their tests and pilots revealed, and what the next steps are for their business venture.
