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Overview

The Milken Institute and the Motsepe Foundation have launched the Milken-Motsepe Innovation Prize in AgriTech, a multi-year initiative to focus global innovators and entrepreneurs on developing technological solutions that accelerate progress towards implementing the United Nations’ Sustainable Development Goals (SDGs), with a spotlight on the African continent. The Milken-Motsepe Prize in AgriTech is a global competition for innovative solutions to increase economic value to farmers, from seed to sale. Entrepreneurs and innovators are invited to submit AgriTech designs and business models with a focus on accelerating SDG 1 - No Poverty and SDG 2 - Zero Hunger.  

The winning team will receive a $1 million grand prize, with $1 million in additional prizes.

Click here to register.

Full description

Competition Rounds 

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.

Awards 

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
  • Increasing farm productivity and/or decreasing post-harvest loss

Closing date

Website

https://milkenmotsepeprize.org/milken-institute-and-motsepe-foundation-launch-technology-prize-program-to-propel-innovation-and-entrepreneurship-in-africa/