The BATNF Farmers for the Future Grant for NYSC Agripreneurs
The BATNF Farmers for the Future Grant is an initiative to support a new generation of sustainable farmers in our communities. The grant is planned to provide early–stage agripreneurs with the capital to purchase the necessary equipment for their operations, acquire additional land, and obtain access to technical assistance networks to uplift the growth and success of their small-scale businesses.
The Farmers for the Future (F4F) Grant is an Agricultural Entrepreneurship grant organized to assist young people with viable Agri-Business with equity-free capital and other associated support they may need to scale their businesses.
The project is an initiative developed and sponsored by the British American Tobacco Nigeria Foundation (BATNF) in partnership with NYSC and enforced by FATE Foundation. It is targeted at presently serving National Youth Service Corps (NYSC) members – as part of BATNF’s drive to promote and support the youth in sustainable agriculture.
AIMs
- Make agribusiness attractive
- Reduce youth unemployment
- Drive youth engagement in Agriculture.
- Youth Development
- Train and Empower youth in agro-practices
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MERITS
ACCESS TO FINANCE:
- The top 6 finalists will win an equity-free grant of NGN 10 million (₦3m for the first Prize, ₦ 2m for 2nd Prize, and ₦ 1m for 3rd Prize)
- Connection to financial institutions and investors for follow-on financing and/or credit facilities
- Winners will get technical support to establish their agribusiness
Training & Capacity Building
- Participation in an intensive “Think-through-your-business” boot camp
- Mentorship under seasoned entrepreneurs and Agric Experts
- Membership of the F4F alumni network
- Participation in other partner-drive training programs
- Support with business registration & other legal & regulatory requirements
PHASES OF COMPETITION
1. SUBMIT YOUR APPLICATION
The online application portal will be available for you to send in your applications
2. VIRTUAL BOOTCAMP
20 Selected businesses will go through a rigorous virtual bootcamp where they will refine their business thesis and build a compelling pitch.
3. PITCH EVENT & AWARD
The top 10 businesses from the bootcamp will pitch before a panel of expert judges and investors. 3 winners will be selected.
4. MENTORSHIP
The 3 Winners will be given financing to execute, strengthen, advance, and scale their businesses under the guidance of seasoned mentors. They will also be connected to the relevant networks they require to make progress
5. JOIN THE FARMERS FOR THE FUTURE ALUMNI
Continue to enjoy exclusive access to expert mentorship, insider opportunities, and a robust support network that will open doors to follow on financing, new markets, etc.
Application Deadline: August 31st, 2023
The BATNF Farmers for the Future Grant for NYSC Agripreneurs
