Milken-Motsepe Prize in Agritech

Opportunity for USA, Canada, and international individuals and teams to receive prizes and in-kind support for agricultural innovations to benefit farms in Africa. Funding is intended to increase productivity, create successful business models, and develop technologies to improve the food system process. Throughout the competition, teams are provided with ongoing free mentoring, resources, and networking opportunities.
The Milken-Motsepe Prize in AgriTech is a global competition for innovative solutions to increase economic value to farmers, from seed to sale. The inaugural Milken-Motsepe Prize focuses on accelerating progress towards Sustainable Development Goals (SDGs) 1 and 2: no poverty and zero hunger.The Milken-Motsepe Prize in AgriTech addresses the problems faced by farmers on small to medium-sized farms in Africa. Many small and medium-sized farms in Africa face two large challenges to realizing the full economic value of the crops they plant. First, they suffer from low agricultural productivity as compared to larger firms, and second, they face significant post-harvest crop loss on their way to market. Winning teams must provide increased net economic value to the farmer by any combination of improved yield, reduced loss, and decreased costs.The prize will incentivize scalable AgriTech solutions, cultivate and support a global community of entrepreneurs, and source global data-driven insights.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 lossMany entrepreneurs lack the information and tools they need to bring their invention to life. In addition to the chance to win cash prizes, the Milken-Motsepe Innovation Prize program provides a rich set of opportunities for entrepreneurs:Online Community Simply complete the free prize registration process and you will join an online community of other entrepreneurs. The prize portal will give you access to:Team matchmakingResources for entrepreneursOnline training and help deskCertificate Program Teams will receive a 12-week experiential learning program powered by the Stanford Center for Professional Development Idea to Market curriculum. Upon completion of the program, teams will receive a Certificate of Completion:Stanford Center for Professional Development Certificate of CompletionMentoring from industry expertsPitch and feedback sessionsAlumni Network Winning teams will join the Milken-Motsepe Innovation Prize program alumni network following prize completion, with access to:InvestorsData alaysisNetworking opportunities

Sub Title
Opportunity for USA, Canada, and International Individuals and Teams to Receive Prizes and In-Kind Support for Agricultural Advances in Africa
Funding Source

Milken Institute and Motsepe Foundation

Eligibility Criteria

See RFP and/or Grant Guidelines for full eligibility

Term of Contract

– This is a multi-year initiative
– There will be a mandatory online Team Summit during the summer of 2022, at the midpoint of the Finalist Round. This event will call teams together with African and global experts on agriculture, economics, and technol

Number of Grants
Twenty-five prizes will be awarded at the end of the Design Round
Estimated Size of Grant
$1 million grand prize available for the winning team, and $1 million in additional prizes. - Design Round: $250,000: Increased Productivity - 5 awards - $10,000 each Reduced Post-Harvest Loss - 5 awards - $10,000 each Judge's Choice (increased productiv