The Growth Impact Extension is open for applications. The program is supported by AgFunder to drive change by fueling the growth of new foodtech and Agtech startups that address the world’s greatest sustainability challenges.
Successful companies receive a USD$100K investment from AgFunder and other benefits, including an accelerator program that refines your business model for global growth and connects you to the AgFunder & GROW network.
Program Description
The Grow Impact Accelerator Program is structured around themed “streams” for founders to create a personalized journey with a cohort mindset. Interrogate your value proposition and business model to ensure it’s validated, customer-focused, and scalable. We connect you with customers, suppliers, regulators, service providers, mentors, investors and other entrepreneurs, and provide media exposure to help GROW your business.
The Grow Impact Accelerator Program involve:
- Series of one-on-one virtual coaching with GROW’s innovation and entrepreneurship experts over the five months.
- Periodic check-ins with the AgFunder investment team including the integration of a framework for impact measurement and stakeholder communication.
- One-on-one mentor sessions with GROW’s global network of cross-industry partners, including international food & agriculture MNCs, brand design, marketing, sales, sustainability, finance and more.
- Group learning and insight sessions to deepen your understanding in agrifoodtech, entrepreneurship, fundraising, sustainability and impact.
- Networking and connections with other agrifoodtech entrepreneurs
The Benefits
Successful beneficiaries of the Grow Impact Accelerator Program receive:
- USD$100K investment by the AgFunder GROW Impact Fund through a SAFE, to be converted at your next financing round.
- Access to growth partners for product testing, development and scaling.
- Matching with some of the world’s biggest agrifood MNCs to help with customer validation and feedback, deploying pilot projects, and securing new sales contracts.
- Curated introductions to AgFunder’s investment network of private and institutional investors from across the globe to help you raise your next funding round.
- Expert coaching & mentoring opportunity to learn from industry experts.
- Physical workspace in Singapore (or virtual office address, if overseas) through the duration of the program.
- Media exposure and publicity through the AgFunderNews platform with a global reach of 90,000+ subscribers.
Eligibility Criteria
Eligible and successful applicants for the Grow Impact Accelerator Program, usually have an MVP, and are on their way to establishing product-market fit, and operate in at least one market.
Application Procedure
- Apply Online on the official page of Grow Impact Accelerator Program, following all necessary instructions.
- Apply before the deadline of January 30.