We are building Africa’s first agtech unicorn

We recently shared that Small Foundation has joined forces with Founders Factory Africa to design, build and scale over 18 agtech start-ups across sub-Saharan Africa.

We now seek your help sourcing agtech start-ups for FFA to invest in and join their programmes.

FFA is a venture development and investment company that builds and scales businesses across Africa through their unique approach providing founders access to both capital and their skilled team. They have already invested in and supported 23 fintech and healthtech entrepreneurs in Africa across Nigeria, Kenya, Ghana, South Africa and aim to build and scale 88 businesses by 2025.

FFA are looking for innovative African agtech startups to transform business models and improve the delivery of a range of services to smallholder farmers and micro, small and medium-sized enterprises (MSMEs) in the agricultural sector. They will consider start-ups across the agricultural value chain and address bottlenecks in areas such as productivity, postharvest handling, foodtech, data and information, market access, finance, and supply chain management.

Who can access investment and support?

FFA runs two programmes. Their Venture Scale programme develops and scales early-stage businesses through a bespoke six-month programme, whilst the Venture Build programme builds completely new businesses from scratch with founders who have just gotten started.

• Venture Scale – for agtech start-ups with a strong team, a defensible and scalable product in market, some traction and revenue and 6 months runway.
• Venture Build – for dynamic founders who have not yet fully validated their proposition in the market. This can mean that their concept is still just an idea, or that they have piloted an MVP and are now looking to meaningfully commercialise it in the market.

For FFA’s investment criteria, details on their programmes and how to apply click here to download an overview.

Please share this call for agtech start-ups across your networks.

Through FFA’s investments, we believe we will make a significant impact in addressing challenges across the entire agricultural value chain – and improve the delivery of services to smallholder farmers and MSMEs in the sector.