ScaleUp Lab, FATE Foundation Agribusiness Accelerator Programme

The Agribusiness Accelerator Programme targets outstanding Nigerian agribusiness entrepreneurs (Founders, CEOs and Owner-managers) whose businesses are currently at growth stage and who are looking to scale their business expand their market reach and attract potential investors and strategic partners.

Programme duration is 4-6 months and includes a one-week accelerator bootcamp, interactive workshops, consulting sessions, business support services, one-on-one and group mentoring sessions with a team of seasoned sector faculty members and advisors.

Theย Agribusiness Accelerator Programmeย is implemented byย ScaleUpย  Lab,ย FATE Foundationย and supported byย Africa Capital Alliance (ACA) Foundation.

Key focus areas:

  • Input Supply
  • Animal and/or Crop Production
  • Processing
  • Packaging
  • Logistics and Distribution
  • Trading and Retailing
  • Financing

Start of Programme: The Agribusiness Accelerator Programme will commence in May, 2020 with an induction session and an intensive one-week accelerator bootcamp in Lagos. This will be followed by a detailed GAP Analysis to help each entrepreneur develop an individual growth plan and tailored roadmap that addresses the growth needs of the business to scale.

Programme Sessions:ย The sessions are designed for capacity building through workshop and coaching sessions, peer learning and feedback, one-to-one mentoring and individual growth support for each participating entrepreneur and business. Entrepreneurs will have opportunities to meet and interact with several entities including agribusiness experts, experienced entrepreneurs, senior-level professionals, advisors, mentors, partners and investors. Finally, a Demo Day will be held at the end of the accelerator programme which will provide a platform for the entrepreneurs to showcase their innovative agribusiness solutions and pitch to key funding partners.

End of Programme:ย The programme will close out with the official graduation and presentation of certificates at the FATE Annual Celebration on Thursday, December 3rd, 2020.

Eligibility Criteria

Applicant must

  • Be a Nigerian citizen (male or female).
  • Be between ages 21-40 as at April 10th, 2020.
  • Be Founder,Owner manager or CEO of a growth stage agribusiness venture. (Only one applicant per business will be accepted).
  • Be operating a CAC registered agribusiness ventureat growth stage, currently in operation and generating income.
  • Have minimum annual turnover of Fifteen Million Naira (โ‚ฆ15,000,000) only.
  • Have a minimum of three (3) full-time highly skilled staff in a managerial capacity (excluding part-time staff and low/semi-skilled staff).
  • Availableย toย participateย FULL-TIMEย inย theย one-weekย bootย campย inย Lagosย betweenย Monday,ย Mayย 25,ย 2020ย โ€“ย Friday,ย Mayย 29,ย 2020ย andย ALLย otherย activitiesย requiredย throughoutย theย durationย ofย theย programmeย fromย Wednesday,ย Juneย 10,ย 2020ย โ€“ย Saturday,ย Augustย 8,ย 2020.ย 
  • Able to cover all personal, transportation or communication costs.

Programme Flow

  • Call for Application
  • Shortlisting & Enrolment of 10 Agribusiness Entrepreneurs
  • Agribusiness Boot camp
  • Gap Assessment:
  • Product/Service Development & Sustainability
  • Business & Operating Model
  • Access to Market
  • Financial Management
  • Develop Growth Plan of Individual Participants
  • Implementation of Accelerator Support in line with Growth Plan
  • Demo Day & Business Pitch Competition
  • Graduation of Fellows

How to Apply
If you are interested in applying for this opportunity, kindly follow the link below to apply

Click here to apply for the ScaleUp Lab, FATE Foundation Agribusiness Accelerator Programme

Application opensย on Friday, March 13, 2020ย and closes at 12:00 midnight WAT onย Sunday, April 12, 2020.

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