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Milken-Motsepe Prize in AgriTech 2021

(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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