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#News(AgriTech) #Invitation #Pitch [ via IoTForIndiaGroup ]
The GSM Association (GSMA) is looking to offer up to eight grants of £220 000 each for agritech businesses.
GSMA says the grants — which will be administered through the GSMA Innovation Fund for Digitisation of Agricultural Value Chains — are aimed at startups with solutions that cater to the agricultural last mile and that improve smallholder farmers’ financial inclusion, livelihood and climate resilience.
The initiative is currently funded by the UK Department for International Development and is supported by the GSMA and its members.
Applications for the GSMA Innovation Fund for Digitisation of Agricultural Value Chains close on 31 July
The funding is available across two categories, namely mobile money driven category and data driven category.
Mobile money driven category
This category is open to mobile money providers in partnership with agritech vendors who are in the process of developing, implementing, launching and or scaling social enterprise services.
The services have to digitise the agricultural last mile procurement and communication with smallholders.
The GSMA states on its website that the proposed development or evolution of an enterprise service must include the following primary use-cases:
- Digitising procurement records and smallholder farmer profiles (static and dynamic information)
- Digitising payments to smallholder farmers via mobile money
- Digitising communication and providing advisory services for smallholder farmers
Data-driven category
This category is open to agritech ventures that have already scaled a last mile digitalisation service and have established a model for generating digital farmer record, as well as explored linking farmer records with financial service providers.
In addition, the proposed evolution of these services must include the following primary use-cases:
- Digitising procurement records and smallholder farmer profiles (static and dynamic information) at a scale of at least 50 000 farmers in the proposed market
- Using existing deployment data and digital records of smallholder farmers to provide financial inclusion services through partnerships with third-party organisations
- Digitising communication and providing advisory services for smallholder farmers
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