CALL US
+234 701 130 5444
E-MAIL
info@fatefoundation.org

Portfolio

ScaleUp Agribusiness

The ScaleUp Agribusiness Accelerator Programme targets outstanding Nigerian agribusiness entrepreneurs (Founders, CEOs and Owner-managers) whose businesses are currently at growth stage and who are looking to scale their businesses, expand their market reach and attract potential investors and strategic partners.

The programme will run for a duration of 6 months and includes a one-week accelerator bootcamp, interactive workshops, consulting sessions, business support services, one-on-one and group mentoring sessions with a team of seasoned sector faculty members and advisors.

The Agribusiness Accelerator Programme is by the ScaleUp Lab, FATE Foundation.

 

           

Key focus areas:

  • Product and process improvement
  • Agribusiness value chains
  • Cashflow management
  • Accessing funding and financing opportunities
  • Export opportunities
  • Scaling your agribusiness
  • Leveraging technology

Start of Programme: The Agribusiness Accelerator Programme will commence with induction and an intensive one-week accelerator boot camp. This will be followed by a detailed GAP Analysis to help each entrepreneur develop an individual growth plan and tailored roadmap that addresses the growth needs of the business to scale.

Programme Sessions: The sessions are designed for capacity building through workshop and coaching sessions, peer learning and feedback, one-to-one mentoring and individual growth support for each participating entrepreneur and business. Entrepreneurs will have opportunities to meet and interact with several entities including agribusiness experts, experienced entrepreneurs, senior-level professionals, advisors, mentors, partners and investors. Finally, a Demo Day will be held at the end of the accelerator programme which will provide a platform for the entrepreneurs to showcase their innovative agribusiness solutions and pitch to key funding partners.

End of Programme: The programme will close out with the official graduation and presentation of certificates at the FATE Annual Celebration in December 2021.

 

Application is open till 11:59 pm WAT on Monday, April 5, 2021

 

Eligibility Criteria:

Applicant must

  • Be a Nigerian citizen (male or female).
  • Be between ages 25 – 50 years as of March 1st, 2021.
  • Be Founder, Owner manager or CEO of a growth-stage agribusiness venture. (Only one applicant per business will be accepted).
  • Be operating a CAC registered agribusiness venture at the growth stage, currently in operation and generating income.
  • Have a minimum annual turnover of Fifteen Million Naira (₦15,000,000) only.
  • Have minimum three (3) full-time highly skilled staff in a managerial capacity (excluding part-time staff and low/semi-skilled staff).
  • Available to participate FULL-TIME in the one-week boot camp and ALL other activities required throughout the duration of the programme.
  • Able to attend all classes and participate in all activities of the programme.

Programme Flow

  • Call for Application
  • Shortlisting & Enrolment of 20 Agribusiness Entrepreneurs
  • Agribusiness Boot camp
  • Gap Assessment:
  • Product/Service Development & Sustainability
  • Business & Operating Model
  • Access to Market
  • Financial Management
  • Develop Growth Plan of Individual Participants
  • Implementation of Accelerator Support in line with Growth Plan
  • Demo Day & Business Pitch Competition
  • Graduation of Fellows

When can I apply?

Application is open till 11:59pmWAT on Sunday, April 5, 2021. Applications submitted after the deadline will not be accepted.

Who is eligible to apply?

  • Be a Nigerian citizen (male or female).
  • Be between ages 25– 50 years as of March 1st, 2021.
  • Be Founder, Owner manager, or CEO of a growth-stage agribusiness venture. (Only one applicant per business will be accepted).
  • Be operating a CAC registered agribusiness venture at the growth stage, currently in operation and generating income.
  • Have a minimum annual turnover of Fifteen Million Naira (₦15,000,000) only.
  • Have a minimum of three (3) full-time highly skilled staff in a managerial capacity (excluding part-time staff and low/semi-skilled staff)
  • Available to participate FULL-TIME in the one-week boot camp and ALL other activities required throughout the duration of the programme.
  • Able to attend all classes and participate in all activities of the programme physically and virtually.

Can I apply even if my business is not based in Lagos?

Yes, all eligible applications will be accepted and evaluated regardless of your location within Nigeria. Finalists will be selected based on merit.

Are Foundations, Non-profits or NGOs eligible?

The programme supports only for-profit and social-enterprise agribusinesses.

Is there a fee to participate?

There is no fee to apply or participate in the Agribusiness Accelerator Programme.

If I have two agribusinesses, can I apply with both?

Only one application will be accepted per person, so we advise that you present your stronger business.

Can I apply if my business is not within the agribusiness sector?

Only businesses in the Agribusiness value chain (Input supply, crop/animal production, processing, packaging, logistics & distribution, trading & retailing, etc.) are eligible to apply.

Can I apply even if my business is not registered?

Unfortunately, we will only consider registered businesses and we will request a copy of your CAC certificate if shortlisted.

If I became 51 years old in March 2021, am I eligible?

No, only applicants who are 50 years old or younger as of March 1st, 2021are eligible to apply.

If I became 46 years old in February 2021, am I eligible?

No, only applicants who are 45 years old or younger as of February 1st, 2021are eligible to apply.

Is my company eligible if I founded it with someone else?

Yes, your company is eligible but only one participant per business will be accepted into the programme.

How do I know that my application has been received?

You will get a confirmation email upon successful application. Candidates who are shortlisted for the next stage will be contacted via email.

APPLICATION REQUIREMENTS

What do I need for my application?

  • Complete the online form
  • Be prepared and available for your interview session (virtually)
  • You will be required to present supporting documents if shortlisted.

Can I make changes in my application after I have submitted it or can I do a fresh application instead?

No, once you have submitted it is final and you will not be able to edit the application. Also, multiple entries will be disqualified. So we encourage you to verify your application carefully before submitting it.

How will I know if my application is accepted for participation in the programme?

Shortlisted candidates will be contacted via email.

Will applicants receive personal feedback about their application?

Unfortunately, we will not be able to provide personalised feedback on your application.

Where should I send my questions?

If you have any questions that were not included in this section, please email scaleup@fatefoundation.orgwith the subject line “Agribusiness Accelerator Enquiry”, or call 0813-187-8271.

2020 Faculty

African Farmer Mogaji, Owner, X-Ray Farms Consulting, Chairman, Lagos Chamber of Commerce and Industry, LCCI (Agribusiness) & Course Director, ScaleUp Agribusiness 2020

Wendy Emesie, Administrator, African Capital Alliance (ACA) Foundation

Edobong Akpabio, Chief Marketing Officer, Organic Green Animalia Farms 

Akinwande Akinsulire, SCALE Lead, FATE Foundation

AdenikeAdeyemi, Executive Director, FATE Foundation

Fatai Olayemi, Lead, Growth Support Services, FATE Foundation

Uduak Igbeka, Country Support Manager, SUN Business Network (SBN)

Dokun Adedeji, CEO, Mind Trails Ltd.

Tom Oluwole, Founder & Lead Action-Architect, 3D Consulting

Prof. OlugbengaOgunmoyela, Director, Glytabs Consulting

Edobong Akpabio, CEO, Organic GreenFarms Animalia

Tenemba Anne Semanke, CEO, CMB Africa

Bambo Adebowale, General Manager, Mitsibushi Corporation, Nigeria & Ghana

Ruth David, Partnerships Coordinator, WAVE Academy

Segun Adebanji, Chairman, Fidson Healthcare

Stanley Nwachukwu, Training Manager, IITA

LanreOlapoju, Associate Director, KPMG Nigera

Sadiq Usman, Head, Corporate Business Development, Flour Mills of Nigeria

Olumide Lawson, Partner, Sahel Capital Agribusiness Managers Limited

Tolu Adesalu, Customer Service & Logistics Manager – West Africa, Mondelēz International

Rasheed Mohammed, Executive Director, Mikado Nigeria Limited

BabajideIbironke, Chairman, ACCA Nigerian Advisory Committee

Bimbo Ogundare, Director, Transaction Advisory Services, EY

AderojuOdunsi, Managing Consultant, Experiential Consult Ltd

Femi Alabi, Partner, West Africa Transaction Advisory Leader, EY

Usman Imanah, CEO, Friska Farms

Marian Olaiya, Principal, Marian’ FunmiOguntona& Co”

TinuolaIpadeola, Head, Corporate Services & Development, Main One

Akinyinka Akintunde, Vice-President, Africa Exchange Holdings Limited

Isaac Boateng, Portfolio Manager, Palladium Investments

2021 Faculty

Our 2021 Faculty comprises experienced facilitators, advisors and mentors who are accomplished business owners and senior-level professionals and are passionate about positioning agribusinesses to scale. Details will be provided soon.

COURSE FEATURES
Bootcamp
1 Week
Workshops
35
Duration
6 Months
Skill Level
Intermediate
Language
English
Class Size
20
Certificate
Yes
Categories

© 2021 Alrights Reserved. FATE Foundation | Developed by Tdx Agency