Apply: FCMB Hackathon & Venture Building Program 2024

FCMB Hackathon and Venture Building Program 2024

The FCMB Hackathon & Venture Building Program 2024 is an exciting initiative that offers a unique platform for early-stage AgriTech startups across Africa to develop and scale their innovative solutions. Supported by FMO, this program is designed to identify and groom emerging businesses that are poised to make significant contributions to the agricultural sector. If you’re passionate about revolutionizing agriculture with cutting-edge technology, this program is your gateway to turning ideas into impactful ventures.

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Summary

• Company: First City Monument Bank (FCMB)
• Job Title: FCMB Hackathon and Venture Building Program
• Job Type: Full Time
• Qualification: BA/BSc/HND/MSC
• Location: Nigeria (Nationwide)
• Application Deadline: Not Specified

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Job Title: FCMB Hackathon and Venture Building Program

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About the FCMB Hackathon & Venture Building Program

The 2024 AgriTech Hackathon and Venture Building Program is a meticulously structured 6-month journey that focuses on nurturing and accelerating the growth of early-stage AgriTech businesses. The program is divided into two major phases:

1. Hackathon Phase: A 3-month intensive period that challenges participants to develop innovative solutions to pressing agricultural problems. This phase culminates in a prize-giving day where the most promising ideas are recognized and rewarded.
2. Venture Building Phase: Following the hackathon, selected startups will undergo 6 weeks of rigorous venture-building sprints. This phase is designed to provide the startups with essential business and product development tools, equipping them to refine their solutions, scale their impact, and attract follow-on investments. The program concludes with an Investor Day, where participants will showcase their progress, followed by a documentary premiere highlighting their journey.

Who Should Apply?

The FCMB Hackathon & Venture Building Program 2024 is open to innovators who are passionate about agriculture and technology. If you have a groundbreaking idea and a dedicated team ready to bring that idea to life, this program is for you.

Thematic Areas

The program focuses on several key thematic areas that are critical to the future of agriculture:

• Funding the Future of Agriculture: Developing innovative financing models to support agricultural ventures.
• Credit Where Credit is Due: Enhancing access to credit for farmers and agribusinesses.
• Infrastructure Innovation: Building the necessary infrastructure to support agricultural growth.
• AgriTech for Productivity: Leveraging technology to increase productivity in the agricultural sector.
• Market Access for Smallholder Farmers: Creating solutions that connect smallholder farmers to larger markets.
• Empowering Farmers through Training: Providing education and training to improve farming practices.
• Securing the Food Supply: Developing strategies to ensure a stable and secure food supply.
• Scaling Smallholder Farms: Supporting smallholder farms to expand and increase their impact.
• Agribusiness for Economic Growth: Promoting agribusiness as a driver of economic development.
• Data Management for Smallholder Farmers: Implementing data-driven solutions to help farmers make informed decisions.

Eligibility Criteria

To be considered for the FCMB Hackathon and Venture Building Program 2024, applicants must meet the following criteria:

• Stage of Idea: Your business idea should be in the early stages of development, with clear potential for growth and impact.
• Team: You should have a team with a mix of skills and experience relevant to building an AgriTech business. This could include expertise in agriculture, technology, business development, and marketing.
• Passion for Agriculture: A strong passion for agriculture and a desire to make a positive impact in the industry is essential.
• Commitment: Participants should be fully committed to the program and dedicated to working hard to develop their venture.
• Legal Status: Applicants must be a legally registered company, either as a business name or limited liability company. Individual teams of hackers are also encouraged to apply to the hackathon.

Why You Should Apply

The FCMB Hackathon & Venture Building Program 2024 offers a comprehensive support system for AgriTech startups. Participants will gain access to:

• Expert Mentorship: Guidance from industry leaders and experienced professionals.
• Business Development Tools: Resources to help refine your business model and product offering.
• Networking Opportunities: Connections with investors, industry experts, and potential partners.
• Visibility: A platform to showcase your innovation to a wider audience, including potential investors.
• Follow-on Investment: The chance to secure funding to take your venture to the next level.

Method of Application

If you’re ready to take your AgriTech startup to new heights, don’t miss this opportunity. The FCMB Hackathon & Venture Building Program 2024 is your chance to be part of Africa’s agricultural revolution. Apply now and join a network of innovators dedicated to transforming the future of agriculture.

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FCMB Hackathon and Venture Building Program 2024

FCMB Hackathon and Venture Building Program 2024