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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.

Categories
AgTech FoodTech Incubation

Tesco Agri T-Jam 2020 open for entries for agri-tech start-ups

The Tesco Agri T-Jam has partnered with World Agri-Tech to offer seed and early-stage agri-tech innovators from around the world, the opportunity to work with the UK’s leading food retailer and its supply chain partners. Entries are invited until JULY 28 from agri-tech start-ups with innovative breakthrough technologies and solutions to improve supply chain efficiency and sustainability.

Following an in-depth selection process by the Agri T-Jam judging committee, ten finalists will be revealed during the World Agri-Tech Innovation Summit on September 15. At least one start-up will be selected for fast-track introductions and mentoring by the Tesco agriculture team and its supplier network.

“At Tesco, our ambition is to find new products, ideas and technologies that will help us serve our customers, colleagues and communities even better in the future. We want to work with people who have new ideas to help enhance what we do, or how we do things.”

Natalie Smith, Head of Agriculture at Tesco

Tesco is looking for technologies in the following priority areas:

  1. Predictive Farming
  2. Crop Specific Solutions, Shelf Life & Storage
  3. Improving Soil Health & Resilience
  4. Water Quality Analysis & Irrigation
  5. Robotics, Automation & Sensor Technology
  6. Protecting & Supporting Biodiversity
  7. Livestock: Animal Health & Welfare
  8. Supply Chain Efficiency & Waste Reduction
  9. Indoor & Vertical Farming
  10. Operating Remotely

The 2020 Tesco Agri T-Jam Final will be held as a virtual event on Monday October 19 with the judging commitee, supply chain partners and Tesco colleagues. Each finalist will then present again in a showcase webinar promoted to the World Agri-Tech global network, before the winner is revealed.

Roboscientific, a Cambridge-based start-up which uses sensors, ‘Electronic nose’ to detect contamination in agricultural produce was the winner of Tesco TJam Innovation Award for Agriculture 2019. It uses an array of Volatile Organic Compounds that individually respond to the vapours producing a unique response pattern for each separate type of compound or mix of compounds. The technology was at the point of commercialisation for its automatic early disease detection system for growing broiler poultry and early alerts of spoilage in stored potato and onion crops.

The 2018 winner was ImpactVision, a machine learning company, applying hyper-spectral imaging technology to food supply chains to deliver consistent food quality, generate premium products and reduce supply chain waste. The information generated from its technology allows stakeholders across food supply chains to assess product quality in real-time, making decisions that help to achieve superior product consistency, deliver premium quality and prevent supply chain waste

Categories
AgTech Incubation

ThincLab Innovation Hub to drive AgTech and Food innovation

South Australian Government’s Department of Primary Industries and Regions SA (PIRSA) has partnered with the University of Adelaide’s ThincLab to establish a unique AgTech incubator at the Loxton Research Centre to foster entrepreneurial thinking and high impact innovation in the region. It will offer a place where entrepreneurs, business startups, existing companies, associations, and students can develop innovations and business models with a view to rapid acceleration to meet market needs.

An AgTech Demonstration Farm is also being launched at the Loxton Research Centre to help show producers in the region the productivity benefits of taking up innovative technology. The first four AgTech suppliers being showcased at the Loxton Demonstration Farm with a crop management focus are: D3Ag, Measurement Engineering Australia (MEA), CropX and Tevatronic.

“ThincLab provides a supportive business environment that drives commercialisation and entrepreneurship opportunities for start-ups, students, staff and like-minded members of the community, helping to foster innovation in South Australia and globally.”

Professor Noel Lindsay, Dean of Business at the University of Adelaide

ThincLab Loxton, housed in PIRSA’s state of the art Loxton Research Centre, is a place where unconventional thinkers can give their ideas an unfair advantage. It’s home to the creative thinkers, the rule-breakers, the challengers. The ones who see the world differently, and for whom ideas are everything and the future is unlimited.

Services offered at ThincLab Loxton will include mentoring, visits from start-ups based at Adelaide and Waite ThincLabs, intensive programs for Riverland start-ups and businesses, 3D printing facilities to assist in prototype development, access to the ThincLab International Program, international ThincLabs, and international investor network, as well as networking functions.

“The agriculture industry is a cornerstone of South Australia’s economy, and being able to establish an AgTech innovation hub in the Riverland will help foster new ideas to improve productivity and grow the sector.”

Tim Whetstone, Minister for Primary Industries and Regional Development

Participants will be provided with desk space for up to two years at the Loxton Research Centre, and mentors will work one-on-one with participants on topics such as business strategy, marketing, and branding. ThincLab Loxton is the fifth ThincLab to be established, joining labs at the University of Adelaide’s North Terrace and Waite campuses, in Singapore, and in Chalôns in France.

Read more at The University of Adelaide.