(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
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;
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
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.
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.