The World Bank AgriTech Challenge, powered by Nest, is the region’s first open innovation programme focused on Agribusiness.
Applications are invited from trailblazing startups and industry veterans to visionary teams from universities to apply for the World Bank Agritech Challenge.
Facilitated by the World Bank and Nest, selected teams will work closely with one of the region’s leading agribusiness companies to conceptualize, co-develop and prototype a product to alleviate acute challenges in the Kenyan agribusiness value chain.
What’s The Challenge?
As one of the largest contributors to Kenya’s economy, there is tremendous opportunity to drive value creation and impact through innovation in agribusiness.
The World Bank AgriTech Challenge aims to collaboratively prototype solutions that drive productivity, accountability and operational insight in the agribusiness value chain. Here are some of the pressing challenges we’d like to work together to solve:
- How can we digitise the way in which produce is tracked from farm to shelf?
To a large extent, tracking of produce and shipment is done manually and on paper-based systems. Through this programme, we hope to leverage platforms that can digitize the tracking process across the value chain, centralize data & record keeping, and mitigate the risk of errors & tampering.
- How can we facilitate seamless communication between farmers and field technicians?
Farmers (outgrowers) and the staff of large agribusiness companies communicate on an ad-hoc basis over phone calls and/or through SMS. Is there a way to streamline and structure the communication using tech-based solutions to better manage the value chain and resolve operational issues?
- How can we digitally monitor farm productivity and wastage, and drive insights to enhance yield?
Currently, the analysis of farm productivity relies on manually synthesizing fragmented information which slows down the process of making sourcing and packaging decisions. Can we develop a “real-time” solution that allows for efficient analytics of farm performance?
- How can we digitise the monitoring of product quality, packaging and shipment across the value chain?
Demand from export markets is susceptible to short term fluctuation. Is there a way to deploy an efficient solution that can track age, quality and storage of produce to allow large agribusiness exporters to intelligently manage shipments and reduce waste.
About The Challenge
The World Bank AgriTech Challenge is the first open innovation programme that bridges Kenyan techpreneurs with a vertically integrated agribusiness value chain.
The 2-month long co-creation activity will include integration-focused workshops, one-on-one interactions with industry veterans, and structured product development. Each team will aim to develop a prototype or customize a solution in partnership with experienced operational professionals.
These will be then presented to senior executives and investors at a Demo Day for potential commercial adoption and scale.
Applications close July 25, 2017. Applications will be reviewed on a rolling basis, so the sooner you submit the better!