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Deadline closing for agribusiness funding opportunity for seed companies in Africa

The Seeds for Impact Programme, a competitive initiative of AECF, is making financial and technical assistance ranging between US$250,000 and US $1.5 million available to eligible seed companies in twelve African countries namely Nigeria, Ghana, Mali, Senegal, Burkina Faso, Ethiopia, Kenya, Uganda, Rwanda, Tanzania, Malawi and Mozambique.

All submissions must be entered by 11th December, 2018 for the competition which will identify and support innovative seed companies and agricultural technology providers who can link farmers to finance, improve agricultural productivity and integrate producers with markets.

Seeds for Impact is a 6-year US $60 million programme with initial funding of US $10 million from Alliance for a Green Revolution in Africa (AGRA) and Syngenta Foundation for Sustainable Agriculture (SFSA).

“The Seeds for Impact competition seeks to transfer in-demand, high-yielding and climate-smart seed, planting material technologies and agricultural innovation to smallholder farmers. This we believe will substantially increase the incomes of thousands of smallholder farmers in Africa and West Africa in particular,” said Daniel Ohonde, CEO, The AECF, an organization which supports businesses to innovate, create jobs, leverage investments and markets, create resilience and sustainable incomes in rural and marginalized communities in Africa.

Eligibility Requirements include:

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Company is a private sector for-profit enterprise aligned with the funding focus areas and target technologies.

Company must be legally registered and physically established in the target countries by the time of contracting.

Your project idea will be implemented in the target countries.

Total grant funds requested from AECF must be between US$250,000 and US$1,500,000.
Funding provided must be matched on a 1:1 basis as a minimum, and should not include funds from AGRA or the SFSA.

Your company must be compliant with fundamental in country and international human rights, labour standards, environmental management laws.

The AECF recently launched the Seeds for Impact West Africa Programme on 27th November 2018, at a cocktail reception in Accra, Ghana. Submissions will be accepted until the deadline, 11th December, 2018.

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