The THRIVE Africa Challenge, was set up by Silicon Valley Global (SVG) Ventures, a firm that invests in early-stage technology companies, to solve the problems of the African agrifood industry, accelerate the development of the ecosystem, and select the best startups and scale-ups for investment and global recognition.

The THRIVE Africa Challenge seeks innovative solutions specifically designed for the African agrifood industry.

Benefits 

SVG Ventures will select the best startups and scale-ups for investment. The winner will enjoy the following benefits:

  • Recognition Award: THRIVE Africa Challenge Award
  • Silicon Valley Startup Bootcamp (Summer 2021) for max. 2 founders, conducted by THRIVE (US$ 15k value total, including travel, food, and accommodations)
  • Invitation to pitch at the THRIVE VII Accelerator Finals. Selected companies receive investment and the opportunity to pitch at THRIVE|Forbes Demo Day 2021 in Salinas, CA, USA
  • Recognition by SVG THRIVE
  • Automatic acceptance as a Samsung XTC Finalist
  • Benefits for Entrepreneurs
  • Promote innovation and recognize the most promising agrifood companies in Africa.
  • Exposure to local & international investors and organizations
  • Acceleration and attraction of the agrifood innovation ecosystem to the continent, bringing together key organizations
  • The winning company qualifies for the finals of the THRIVE Accelerator program
  • An announcement in THRIVE social media, website and newsletter

Eligibility 

To be eligible for the Thrive Africa Challenge, startups should be Seed to Series A with technologies focused in the following areas:

  • Software
  • Food safety
  • Indoor farming
  • Biotechnology
  • Farm management
  • Sensing and IoT
  • Animal health and livestock
  • Robotics and automation
  • Innovative food (ingredient innovation)
  • Big data and predictive analytics
  • Supply chain management and traceability
  • Packaging and freshness solutions

The challenge is open to agrifood companies in Africa.

How to Apply

To be selected for investment and global recognition, apply via https://airtable.com/shrWknTVDkRWDjku1

Deadline 

The application deadline is Friday 20th November 2020 11:59 PDT.

For more information please visit their website https://thriveagrifood.com/africa-challenge/

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