iHub By Joseph / January 7, 2014
The 2014 Agribusiness for Innovation Incubator
ARE YOU AN ENTREPRENEUR AND OR AN INNOVATOR WITH A MATURE AGRIBUSINESS IDEA?
The growthhub is pleased to announce the upcoming Agribusiness for Innovation Incubator programme, based in Nairobi. It is developed for those entrepreneurs and their start-ups who have already come up with an idea, have validated this idea and want to evolve and take the next step towards a successful business. Turning a matured idea into an innovative product or service is not as straight forward as it may sound, and requires careful testing of key aspects of the solution as well as piloting in real markets and with the right segments to achieve proper validation.
The programme invites 12 Agribusiness start–ups with mature ideas to work together with facilitators, mentors and like mined entrepreneurs in the same environment for 16 weeks.
The sessions and workshops are designed to assist the start-up teams analyse the real need for input and feedback from the market, customers and key stakeholders, and design their tests and pilots accordingly. It is a resident experiential programme, filled with working days where specific topics will be discussed every week.
After 4 weeks the teams present their plans for piloting and testing to a panel of business angles and their fellow peers. This panel decides which 5 start-ups will be receiving the pre-committed funding of 5,000 USD for each team, to commence the testing and piloting.
The successful teams will then continue the programme for another 10 weeks executing their pilot/test with the guidance of facilitators, advisers and mentors – while continuously sharing their experiences with each other.
The activities conclude with a presentation to potential investors, key stakeholders and the social enterprise community at large what their tests and pilots revealed, and what the next steps are for their business venture
Deadline for applications is January 9th at Midnight.
For more information check out: http://www.thegrowthhub.com/agribusiness/
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