The culmination of the Hub-supported Young Innovators in Agribusiness competition took place on May 27 at the Agribusiness Innovation Trade Fair (AITF) 2016. The 30 finalists (15 in each of two categories - SME and Startup) competed for a total of $20,000 in seed funding.
Our goal is to offer young innovators an opportunity to scale up agribusiness activities through training with a view of stimulating enterprises that are investible, sustainable and competitive. - James Shikwati, Director at Inter Region Economic Network (IREN)
In the SME category, first place went to Abrhame Endrias of Green Agro Mechanization from Ethiopia (USD 5000), followed by Murindahabi Edmond of PEBEC Limited from Rwanda (USD 3000), and then Anzazi Kiti of Taste Afrique Limited from Kenya (USD 2000).
In the start-up businesses category, Noah Ssempija of Youth Initiative for Community Empowerment(YICE) from Uganda won first place (USD 5000), followed by Mercy Kitomari of Nelwa’s Gelato from Tanzania (USD 3000) and then Uwintwali Lilian of M-AHWIII Ltd from Rwanda (USD 2000).
All 120 participants completed business training sessions throughout the competition, which helped them improve their businesses strategies and their methods for to pitching investors.
Young Innovators in Agribusiness was jointly supported by the Hub, Syngenta, the Inter-Region Economic Network(IREN) and Toyota Kenya Academy.