Agri-Tech start-ups in Ethiopia will receive 1 million Ethiopian birr funding

Farmers in Ethiopia to receive over 1 million Ethiopian birr funding through CTA competition

Local farmers in Ethiopia will be witnessing one of the greatest funding boast of all times because Technical Centre for Agricultural and Rural Cooperation – CTA sets to organize a competition to promote and encourage the rise of agricultural innovations and entrepreneurship in Ethiopia; along with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ).

Over 1 million Ethiopian birr (€35,000) is stipulated by the organizers as the cash prize for the competition which will support Ethiopian agricultural entrepreneurs.

The Green Innovation and AgriTech Slam (GIAS) 2019 competition as it is called will identify innovations and ideas that address the critical challenges affecting the wheat, legumes and honey value chains in Ethiopia. It will also address the digital needs of the entire agricultural value chain.

The nationwide competition has five categories: nutrition and consumer market; Agri-inputs and equipment; environmental protection and sustainability; pre-revenue agribusinesses; and post-revenue agribusinesses.

ALSO READ: Agri-tech startup Farmerline secures AfDB grant funding

Who can join the competition?

GIAS is open to individuals, especially youth and women, private businesses, higher learning institutions as well as government and non-government organisations. At least ten winners will be recognised at the Grand Award Ceremony on 14 November 2019.

The winners will benefit from capacity building through mentorship and acceleration of their businesses. In addition to cash awards the winners will get capacity building training to support their growth and will also get the opportunity to share their ideas during an exposure visit to Germany.

“Agriculture is the cornerstone of the Ethiopian economy. Disseminating agricultural innovations are essential to increase productivity and profitability of smallholder farmers. By strengthening the private sector, up- and downstream enterprises, and promoting entrepreneurship directed towards challenges of the agricultural sector, the service provision for smallholder farmers can be improved,”

– Laura de Guevara, GIZ – Green Innovation Centres – Ethiopia.

For more information or to request an interview, contact:

Toby Johnson, Team Leader Communications, CTA, +31 (0) 6 10 88 50 80, johnson@cta.int

Wibishet Fessha Assefa, PR & Communication Advisor, GIZ-Supported Green Innovation Centres (GIC), +251 911 246 420, wibishet.fessha@giz.de

Markos Lemma, General Manager, Iceaddis, +251 11 667 4804, markos.lemma@iceaddis.com

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