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AgTech Incubation

FCMB Agritech EPIC PITCH 2020 edition with ₦1.5M Grant

Nigeria’s First City Monument Bank (FCMB) has partnered with Passion Incubator, a Lagos-based early-stage incubator and accelerator to launch the FCMB Agritech EPIC Pitch 2020 themed “Redefining and repositioning agricultural value chains during and post the COVID-19 era”. Entries are invited up to JULY 24 from agri-tech start-ups with innovative breakthrough technologies.

The program is focused on the following agricultural value chain solutions:

  1. Processing/Production/Storage
  2. Agricultural Finance
  3. Agricultural Marketing
  4. Supply chain

“This initiative is geared towards building and accelerating the growth of the Agritech Startups in Africa and also helps young and self-driven Nigerian entrepreneurs grow their business. This mission would eventually build investible, sustainable and scalable businesses that can contribute to the nation’s employment rate as well as the growth of the nation’s GDP.”

The virtual program will support Agritech businesses in Africa with seed investment, access to workspace, market & network that stimulates innovation, collaboration and business growth. Two Agritech startups will be selected for ₦1.5M Grant (approx. US$4,000), mentoring and fast-introductions to the network.

Entrepreneurs in the Agritech space should apply before the July 24th deadline. For inquiries, reach out to the programs Team on 07061006794 or send a mail to programs@passionincubator.ng

The organisers of FCMB Agritech EPIC Pitch 2020 are:

First City Monument Bank (FCMB) Limited, is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments. FCMB was licensed in 1982, becoming the first local bank in Nigeria to be established without government support.

Passion Incubator is a technology incubator and accelerator with expertise in innovation program design and tech investments. It’s long-term goal is to be the most prolific supporter of impactful innovation development, startup incubation and seed stage investment.

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