Techstars Atlanta has selected Nigeria’s first digital agricultural platform, Farmcrowdy, as one of the members of the 2017 class to participate in its accelerator program in partnership with Cox Enterprises. Farmcrowdy is the only African startup to be included in a list of tech startups selected to participate in the programme which was released on Monday, 17th July, 2017.
According to Farmcrowdy’s founder, Onyeka Akumah, his team was very excited about the opportunity they’d been given. They were also looking forward to learning a bit more from the Techstars Community on how to improve their efforts to be able to grow their impact from the current 1000 small scale farmers to about 10,000 in the next 12 months.
“We also hope to learn about building more relationships with key agro-players in and outside Nigeria in addition to the ones we have while taking advantage of and amplifying the government’s efforts to grow the Agriculture space in Nigeria. With the knowledge acquired, Farmcrowdy can encourage more youths and middle class Nigerians to participate in agriculture while being ‘farmers without a farm’ for the purpose of creating impact and getting returns,”
Of the 10 chosen startups, only one is African. With the vision of ‘Ending Poverty in Africa, one farmer at a time,’ Farmcrowdy matches small-scale farmers with farm sponsors for the purpose of expanding food production and generating profit for both parties. The platform allows Nigerians to participate in agriculture without necessarily having to farm themselves, with sponsors selecting a farm and providing it with backing for inputs.
According to Techstars Atlanta’s managing director, Michael Cohn, “One of the goals of Techstars Atlanta is to help shine a light on our city as a hotbed for innovation… We’re doing this by accelerating great startups already based here, but also by bringing international entrepreneurs to Atlanta. With the support of Cox Enterprises, we’re able to connect them with one of the city’s leading corporations. It’s a winning combination.”
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