Fidelity GreenTech Innovation Challenge 2024
Empowering Innovative GreenTech Solutions for a Sustainable Agricultural Future in Ghana
What is the GreenTech Innovation Challenge?
The Fidelity GreenTech Innovation Challenge has been launched to support groundbreaking GreenTech solutions that address key challenges within Ghana’s agricultural value chain.
The challenge will offer entrepreneurs business development support, coaching/mentorship and over GHS 1 million in grants! The challenge targets three tiers of entrepreneurs, each at different stages of development: Ideation, Scale Up, and Commercialization. Our goal is to foster sustainable innovations that can transform the agricultural landscape in Ghana.
Which Category is Right for You?
Choose from the three tiers of participation;
Ideation
Turn Your Bright Idea into a GreenTech Solution!
For innovators with new and groundbreaking ideas that can address specific challenges in agriculture. We’re looking for fresh concepts ready to be turned into actionable solutions. Win up to GHS 50,000 in grants!
- For this category, we are looking out for:
- Established Business: The applicant must have an established business with a proven track record.
- Scalability: The proposed solution should demonstrate potential for scaling up.
- Impact: The solution should address a significant agricultural challenge and have a measurable impact.
- Sustainability: The proposal should include a plan for long-term sustainability.
- Mentorship Needs: A clear outline of the technical assistance and mentorship required for scaling up.
Scale Up
Scale Your Proven GreenTech Innovation!
For businesses with established GreenTech solutions that have proven success and are ready to expand. We help you elevate your impact and grow your business. Win up to GHS 100,000 in grants!
- For this category, we are looking out for:
- Established Business: The applicant must have an established business with a proven track record.
- Scalability: The proposed solution should demonstrate potential for scaling up.
- Impact: The solution should address a significant agricultural challenge and have a measurable impact.
- Sustainability: The proposal should include a plan for long-term sustainability.
- Mentorship Needs: A clear outline of the technical assistance and mentorship required for scaling up.
Commercialization (Market Expansion)
Take Your GreenTech to New Markets!
For established businesses with market-ready products looking to expand their reach. We support you in taking your solutions to wider markets and achieving commercial success. Win up to GHS 200,000 in grants!
- For this category, we are looking out for:
- Market Readiness: The solution should be market-ready and demonstrate potential for commercial success.
- Impact on Smallholder Farmers: The solution should improve the livelihoods of smallholder farmers.
- Sustainability: The proposal should include a detailed plan for market expansion and long-term sustainability.
- Financial Viability: A clear financial plan demonstrating the viability of the solution in the market.
- Mentorship Needs: A detailed outline of the technical assistance and mentorship required for market expansion.
How to Apply?
Follow these simple steps to apply for the GreenTech Innovation Challenge:
Key Dates to Remember
- Application Opens: 1st July 2024
- Application Deadline: 21st July 2024
- Shortlisting Announcement: TBA
- Pitch 1: TBA
- Bootcamp: TBA
- Finalists Announced: TBA
- Challenge Finals (Ideation and Scale-up): TBA
- Challenge Finals (Commercialization): TBA
Focus Areas of the Challenge
- Precision Agriculture: Solutions enhancing crop monitoring, irrigation, and resource management.
- Post-Harvest Management: Innovations reducing post-harvest losses and adding value to agricultural products.
- Digital Financial Services: Fintech solutions improving financial access for farmers.
- Climate-Smart Agriculture: Technologies promoting sustainable farming practices.
- Value Chain Optimization: Solutions enhancing efficiency and profitability in agricultural value chains.
Why Participate?
Participating in the Fidelity GreenTech Innovation Challenge offers a multitude of benefits including:
- Access to grants of over GHS 1 million and other business growth resources.
- Mentorship from industry experts.
- Networking opportunities with key stakeholders.
- Exposure and visibility for your business.
- Potential partnerships and market expansion.