Gogettaz Agripreneur Prize Competition 2022 | See Steps & Criteria

The biggest agri-product competition has kicked off for 2022, with Gogettaz Agripreneur Prize offering $50,000 to the winner.

Product as used in this case, involves entirely agri-food and consumable proceeds from the business. The best entrants in the competition bag the prize.

Target competitors will have twenty percent (20%) growth or make-up in these areas:

  • Market Potential and Traction,
  • Business Model,
  • Founder and Team,
  • Innovation, and
  • Social and Environmental Impact.

Why You Should Join

Beside other reasons, a Gogettaz Agripreneur Prize Competition helps growing ventures sidestep conceding parts of their equities to acquire a stimulus package from a funder.

It also launches your business on a sure growth path. Learn what you can do with this opportunity in this article.

Note:

We highlight key features of the Gogettaz Agripreneur Prize Competition 2022, explaining the procedure for prospective applicants. Read on below for details.

Gogettaz Agripreneur Prize Benefits

Apart from clinching a $50,000 prize, what else is in the offing for you?

The most important part of this design is that it kick-starts the agrifood entrepreneur on multiple platforms. For example, you can access tutelage in the following areas;

Education,

Mentorship (In areas relevant to your business, including acquiring more skillsets),

And a better investment connection.

Although the competition seems to be a win-lose affair, it essentially scales and develops the basic units of your business.

You Stand a Chance of _

  1. Winning a fifty-thousand dollar ($50,000) prize (available for a male and a female winner separately),
  2. Leverage the Mentorship and community for growth

Facilitators and Other Partnerships

Generation Africa is a facilitator for the competition, factoring years of support for agripreneur ventures and sole proprietors owned by youths.

Its founding partners are Econet and Yara International, a conglomerate in media, tech, and energy, and an international nutrition company respectively.

African Green Revolution Forum (AGRF), Alliance for a Green Revolution in Africa (AGRA), and Bayer also number among the collaborators.

Referencing the entrepreneurial perks awaiting the winners, USAID, another co-founder aspires to build resilience and self-reliance.

So, Gogettaz Agripreneur Prize Competition 2022 attempts to promote local sustenance for agri-food and agricultural yields generally.

What are the eligibility criteria? See below for details.

Eligibility Criteria: For Ventures and Entrepreneurs

Promising visits to the AGRF Summit 2022 and mentorship to winners, the Gogettaz Agripreneur Prize Competition 2022 requires the following from applicants.

Ventures will have to _ 

  • Be registered in an AU member country or in the process of registering before July 1, 2022;
  • Be headquartered in an AU member country;
  • Operate sustainable business without tethering to a funder;
  • Operate verifiably growing businesses in the agri-food sector.

Aspects of the agro-food sector relevant to the competition include the following fields:

  • Packaging or marketing
  • Renewable energy or environmental solutions/services to the agri-food sector
  • Food processing
  • Primary food production (farming)
  • Crop nutrition
  • Digital or technology solutions/services to the agri-food sector
  • Mechanization, automation, or robotics, including drones
  • Crop protection
  • Agri-food research & development
  • Hydroponics or urban farming
  • Food retail or service
  • Waste management or recycling
  • Innovative finance solutions/services to the agri-food sector
  • Transport, distribution, storage, or logistics
  • Irrigation

Entrepreneurs will have to be _

  • At least thirty-five (35) years old, with legal recognition in the Country of Origin;
  • Able to provide an ID as a citizen of an AU member country;
  • An active operator or executive in the business entering the competition.

Moreover, anyone with criminal records is automatically disqualified from the competition. Specifically, offenses bordering on felony, tax evasion, and financial impropriety disqualifies the offender from the Gogettaz Agripreneur Prize Competition.

How it Works

As a preliminary, applicants will have to pitch their eligibility for the final list to the Gogettaz Agripreneur judges using only a three-minute clip.

A jury checks for 20% representation in these areas:

  • Market Potential and Traction,
  • Business Model,
  • Founder and Team,
  • Innovation, and
  • Social and Environmental Impact.

Subsequently, a 24-finalist list is drawn from the first run, further trimmed down to a 12-finalist list.

The eventual twelve (12) finalists will contest online and are qualified for mentorship and connections via the Gogettaz Agripreneur conveners.

Gogettaz Agripreneur Prize Competition 2022 Application

You can apply for the competition via the official portal _ LINK 

Note that all applications must be ready on or before June 6, 2022.

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