November 7, 2024

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Super Technology

Heifer International Plans to Invest UGX100M in Agric-tech Solutions

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Heifer Intercontinental has released a national ‘AYuTe Challenge’ —a competition that will present youthful business owners throughout Uganda an opportunity to pitch for investment in Agri-tech answers to boost the incomes and productivity of Africa’s smallholder farmers. The competitiveness represents a new period of Heifer International’s AYuTe Africa Obstacle proven in 2021 to award money grants annually to the most promising youthful Agri-tech innovators from throughout Africa.

“This opposition supplies an option for younger innovators in Uganda to safe the funding and visibility they need to have to scale up their Agri-tech solutions to get to millions of farmers across Africa,” Senior Vice President of Africa Applications at Heifer Intercontinental, Adesuwa Ifedi instructed journalists at a push briefing held at Heifer Intercontinental head offices in Kampala.

Ifedi pointed out that there is big possible for financial advancement and employment in agriculture across Africa, but new tips and systems are urgently needed. “It’s time for Africa’s tech-savvy youth to use their innovation techniques to change the sector,” he claimed.

Like the Regional Champions opposition, the AYuTe Nationwide Champions competition will present resources and mentorship, aiding translate the electricity and thoughts of youthful Ugandan Agri-tech innovators into significant influence for smallholder farmers throughout the country, and supporting winners to improve their businesses and profile.

The Nation Director, Heifer Global Uganda, William Matovu stated, Uganda has a high literacy amount of 76.53% and is one particular of the youngest populations globally, which augurs perfectly for the success of their AYuTe Africa Challenge.

“We appeal to all youth across the country to get included in the agribusiness levels of competition with modern answers to important issues of the smallholder farmers in the agricultural sector,” remarked Matovu. “We seem forward to getting fantastic innovations that can improve agricultural productiveness.”

The Minister of Condition for National Direction Hon. Godfrey Kabbyanga Baluku reported the launch of the AYuTe Africa Problem in Uganda is timely simply because it is in line with the National ICT Initiatives Support Programme (NIISP) to facilitate an ICT Innovation ecosystem and marketplace for Ugandan ground breaking digital solutions.

“Specifically, the AYuTe Africa Challenge is in line with 1 of the critical targets of the plan to promote ICT products and solutions, expert services, and remedies for improved provider delivery,” reported Kabbyanga.

In her remarks, the Assistant Commissioner of Facts and Conversation, Ministry of Agriculture, Animal Market and Fisheries, Ms. Acayo Consolata claimed, a lot more than ever, the authorities acknowledges the require to convey innovation by younger Ugandans to the agriculture scene. She additional pointed out that the authorities is dedicated to any initiatives that will help increase Uganda’s agriculture sector (which is the spine of Uganda’s economic system) and direct to the development of careers throughout the agricultural price chain.

Smallholder farmers in Uganda add 65% of the agricultural workforce. The AYuTe Africa Problem, thus, seeks to catalyze this demographic as a result of innovation in agricultural technological innovation that will slender the efficiency gap (Uganda’s reliable yields function at considerably less than 40% of its attainable prospective).

How to Take part in the AYuTe Africa Problem

Phase 1: Report a two-moment video in an MP4 format with obvious audio introducing oneself and demonstrating how your innovation works, what trouble it seeks to clear up, how it can likely translate into significant affect for smallholder farmers throughout the state, and how significantly cash you would will need to bring it to lifestyle.

Stage 2: Upload your TWO-Minute Video In this article or article it on Twitter or Fb tagging Heifer Intercontinental Uganda making use of #AYuTeChallengeUg. Alternatively, you can send out your video to a WhatsApp selection +256 () 781 608488.

The AYuTe Africa Competitors Uganda Version connect with for participation will run from June 16th to July 14th, 2022.

Move 3: The most suitable submissions will be shortlisted to participate in a televised pitching clearly show and will be picked to be aired on NTV.

In excess of UGX100 million will be shared among the winners. The over-all winner will be topped The AYuTe Africa Obstacle Uganda Winner and will obtain UGX50 million while the 1st and 2nd runner-up will receive UGX30 million and UGX15 million respectively. In addition, Heifer Intercontinental will hand out two consolation prizes for UGX2.5 million.

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

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

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