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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9 Startups Accepted into the First Next Health Accelerator with $15K Seed Funding
Intrepid Entrepreneurs, a non-profit designed to catalyze the power and promise of young people and women to fundamentally advance their societies, recruited nine startups for the inaugural cohort of the Next Health Accelerator.
Female, African entrepreneurs with a minimum viable product (MVP) from 26 countries applied to the program. After a rigorous review process, nine startups from seven countries were selected to begin the program in March 2021. The investor readiness accelerator is six months long and includes $15,000 seed funding, international mentors and partners, business support services, and value chain access.
The Next Health Accelerator’s focus on sexual and reproductive health is founded on the premise that unmet needs for sexual education, menstrual hygiene management, family planning, medication abortion, and STI diagnosis and treatment will be most sustainably delivered by local African enterprises.
Sexual and Reproductive Health issues directly affect 300 million women and girls on the continent and the productivity of the entire continent. For the continent to prosper and support its burgeoning youth population, it must harness the demographic dividend with access to equitable healthcare and economic opportunities. Next Health Accelerator addresses both.
The 2021 cohort includes:
- Rocket Health: Provides telemedicine and pharmacy services for SRH needs including convenient lab test retrieval and medication delivery in Uganda
- Verifie: Delivers STI self-tests and treatment products via doorstep delivery in Ghana
- Pharmaserve: Specializes in delivering high-quality pharmaceuticals in Nigeria through a fully integrated inventory monitoring system
- Girls Pride: Provides menstrual hygiene management education and skills training to create reusable pads in The Gambia
- Pad-Up Creations: Employs over 100 people in Nigeria to produce single-use, chemical-free pads sold in 16 countries
- Valorigo: Manufacturers single-use sanitary eco-friendly pads made from locally grown bamboo in the Congo
- The Grace Cup: Delivers SRH education and reusable menstrual cups in Kenya
- Kosmotive: Provides SRH information and access to SRH self-care products in Rwanda
- Massira: Delivers SRH information interactively as well as access to SRH services and products through an online community in Ghana
Lindsey Simmonds, the Co-founder of Intrepid Entrepreneurs in a press statement said,
She continued that, development policies made in Washington, D.C. or London need to make room for the power and promise of the youth and women on the African continent. And on this premises, their Next Health Accelerator catalyzes African startups to investor readiness to make scalable, sustainable impact imbued with the commitment and determination that only comes from homegrown ideas.
Visit the intrepidentrepreneurs.org to learn more about the Next Health Accelerator 2021.
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