October 14, 2024

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Heifer International Plans to Invest UGX100M in Agric-tech Solutions

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Heifer Worldwide has introduced a national ‘AYuTe Challenge’ —a competition that will present youthful business people across Uganda an chance to pitch for financial investment in Agri-tech answers to strengthen the incomes and productiveness of Africa’s smallholder farmers. The competitors represents a new section of Heifer International’s AYuTe Africa Obstacle established in 2021 to award money grants yearly to the most promising young Agri-tech innovators from throughout Africa.

“This competition presents an chance for young innovators in Uganda to protected the funding and visibility they want to scale up their Agri-tech alternatives to access hundreds of thousands of farmers across Africa,” Senior Vice President of Africa Programs at Heifer Intercontinental, Adesuwa Ifedi told journalists at a push briefing held at Heifer Intercontinental head places of work in Kampala.

Ifedi observed that there is big probable for financial development and work in agriculture across Africa, but new tips and systems are urgently necessary. “It’s time for Africa’s tech-savvy youth to use their innovation expertise to remodel the sector,” he said.

Like the Regional Champions opposition, the AYuTe Nationwide Champions opposition will supply money and mentorship, encouraging translate the energy and tips of youthful Ugandan Agri-tech innovators into meaningful impact for smallholder farmers across the country, and supporting winners to increase their enterprises and profile.

The Nation Director, Heifer Worldwide Uganda, William Matovu claimed, Uganda has a high literacy fee of 76.53% and is 1 of the youngest populations globally, which augurs very well for the good results of their AYuTe Africa Obstacle.

“We charm to all youth across the place to get associated in the agribusiness competition with revolutionary answers to critical troubles of the smallholder farmers in the agricultural sector,” remarked Matovu. “We search forward to obtaining brilliant improvements that can improve agricultural productiveness.”

The Minister of State for Nationwide Steerage Hon. Godfrey Kabbyanga Baluku reported the launch of the AYuTe Africa Problem in Uganda is timely because it is in line with the National ICT Initiatives Help Programme (NIISP) to facilitate an ICT Innovation ecosystem and market for Ugandan progressive electronic products and solutions.

“Specifically, the AYuTe Africa Obstacle is in line with a single of the essential objectives of the plan to promote ICT items, services, and answers for improved assistance delivery,” reported Kabbyanga.

In her remarks, the Assistant Commissioner of Details and Conversation, Ministry of Agriculture, Animal Field and Fisheries, Ms. Acayo Consolata mentioned, much more than ever, the authorities acknowledges the require to provide innovation by youthful Ugandans to the agriculture scene. She even further observed that the governing administration is dedicated to any initiatives that will support boost Uganda’s agriculture sector (which is the spine of Uganda’s financial system) and guide to the generation of work throughout the agricultural value chain.

Smallholder farmers in Uganda add 65% of the agricultural workforce. The AYuTe Africa Problem, hence, seeks to catalyze this demographic via innovation in agricultural technological know-how that will slender the efficiency hole (Uganda’s sound yields function at a lot less than 40% of its attainable probable).

How to Participate in the AYuTe Africa Problem

Stage 1: File a two-minute video clip in an MP4 format with obvious audio introducing by yourself and demonstrating how your innovation performs, what challenge it seeks to remedy, how it can potentially translate into meaningful effect for smallholder farmers throughout the nation, and how a great deal income you would require to carry it to lifetime.

Move 2: Upload your TWO-Moment Movie Right here or article it on Twitter or Facebook tagging Heifer Intercontinental Uganda employing #AYuTeChallengeUg. Alternatively, you can mail your video clip to a WhatsApp number +256 () 781 608488.

The AYuTe Africa Competition Uganda Version phone for participation will operate from June 16th to July 14th, 2022.

Stage 3: The most suitable submissions will be shortlisted to take part in a televised pitching present and will be chosen to be aired on NTV.

Around UGX100 million will be shared amongst the winners. The all round winner will be topped The AYuTe Africa Obstacle Uganda Winner and will get UGX50 million although the 1st and 2nd runner-up will receive UGX30 million and UGX15 million respectively. In addition, Heifer Worldwide will hand out two consolation prizes for UGX2.5 million.

On major of the prize cash, 20 Agri-tech innovators will have quality access to Famunera Electronic Export Market for 12 months.

ALSO Read through: INNOVATION VILLAGE, CENTE TECH Companion TO Accelerate THE INNOVATION ECOSYSTEM

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