The Agribusiness Challenge Fund
The Agribusiness Challenge Fund is a rolling call for proposals open from 18 March 2024 to 22 November 2024, with three application harvest periods in between. The challenge is open to SME applications from any country as long as the projects meet the eligibility criteria and are being implemented in at least one of the 20 focus countries the Fund is targeting.
Support from the Fund includes grants ranging from US$ 500,000 to US$ 2,500,000, disbursed over a three-year period, based on the applicant's development stage, scalability, and business model, in accordance with agreed periodic milestone targets. The funding structure will be determined on a case-by-case basis after evaluating proposals and organizations. Additional support to successful applicants will include tailored technical assistance in alignment with the Fund objectives over the three-year period.
CATEGORIES OF INTEREST IN THE AGRIC BUSINESS CHALLENGE
1. Primary production
2. Processing and aggregation
3. Trading and market linkages
To be eligible to apply, an SME must: