Do you have a business that operates in agriculture, food processing, distribution or related sectors? Apply for funding from the Support for Early-Stage Businesses program.
The Africa Agriculture Development Company (AADC), a United Kingdom investment company that has invested in over 50 companies, invites applicants for the Support for Early-Stage Businesses program.
The aim of the program is to foster entrepreneurship and innovation that can drive agricultural transformation across Africa. It targets startups and growing small and medium enterprises (SMEs) operating in food production, processing, distribution and related sectors.
Successful applicants will benefit from the following:
- Seed capital investments ranging from $50,000 to $250,000 that do not need to be repaid if milestones are met
- Technical assistance to help businesses professionalize operations, strengthen management and access new markets
Interested applicants should meet the following criteria to apply:
- Be registered and operating legally in a sub-Saharan African country
- Be operational for less than five years
- Have a proven business model
- Demonstrate potential for long-term growth
- Demonstrate potential to positively impact people, economies and the environment
- Have annual revenues below USD 1,000,000
Priority will be given to women-led, youth-led and businesses in underserved regions/value chains
Interested applicants should contact investment@agdevco.com.