Milken-Motsepe Prize in AgriTech 2021
- yowpsudorg
- Apr 30, 2021
- 2 min read
(1M Grand Prize) - Deadline: 31st December 2021.
Applications are open for the Milken-Motsepe Prize in AgriTech 2021. The inaugural Milken-Motsepe prize focuses on accelerating progress towards SDGs 1 and 2: no poverty and zero hunger.
The Milken-Motsepe prize in AgriTech is a global competition for innovative solutions to increase economic values to farmers seed to sale. Winning teams will increase net economic value to small and medium-sized farms by:
Developing innovative technology solutions for any stage of the food system from seed to sale
Designing a viable business model
Increase farm productivity and decreasing post harvest loss
Benefits
The winning team will receive a $1 million grand prize with $1 million in additional prizes
Many entrepreneurs lack the information and tools they need to bring their innovation to life. In addition to the chance to win cash prizes, the Milken-Motsepe innovation prize program provides a rich set of opportunities for entrepreneurs.
Online Community: Simply complete the free prize registration process and you will join an online community of other entrepreneurs. The prize portal will give you access to;
Team matchmaking
Resources for entrepreneurs
Online training and help desk
Certificate Program: Teams will receive a 12 week experiential learning program powered by Stanford Centre for Professional Development Idea to market the curriculum. Upon completion of the program, teams will receive a certificate of completion.
Stanford Centre for Professional Development Certificate of completion
Data analysis
Networking opportunities
Eligibility
Anyone is eligible to register regardless of age, geographic location or any other factor. If someone has a great idea, they can participate.
Minors will require someone of the majority age to sign legal documents on the team's behalf.
Application
The prize competition consists of two rounds: an eight month design round and a one year finalist round.
Design Round: Teams submit their design and business model. An independent panel of expert judges will select up to 25 teams to receive $10,000 each and advance in the competition
Finalist Round: Teams develop their prototypes and conduct field tests on small and medium sized farms in Africa.
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