Applications now open for the Farmers for the Future Grant

The Farmers for the Future Grant (F4F Grant) is an initiative aimed at fostering Agricultural Entrepreneurship by providing young individuals with promising Agri-Business ventures access to equity-free funding and additional resources necessary for business expansion.

This project is a collaborative effort initiated and funded by the British American Tobacco Nigeria Foundation (BATNF) in conjunction with the National Youth Service Corps (NYSC) and executed by Fate Foundation. It specifically targets individuals currently serving in the NYSC, aligning with BATNF’s commitment to promote and assist youth engagement in sustainable agricultural practices.

Objectives – Farmers for the Future Grant (F4F Grant)

  1. Make agribusiness attractive
  2. Reduce youth unemployment
  3. Drive youth engagement in Agriculture.
  4. Youth Development
  5. Train and Empower youth in agro-practices

Prizes – Farmers for the Future Grant (F4F Grant)

  1. The top 6 finalists will win an equity-free grant of NGN 10 million
  2. ₦3m for the first Prize,
  3. ₦ 2m for 2nd Prize,
  4. ₦ 1m for 3rd Prize)
  5. Linkage to financial institutions and investors for follow-on financing and/or credit facilities
  6. Winners will get technical support to establish their agribusiness

Training & Capacity Building – Farmers for the Future Grant (F4F Grant)

  1. Participation in an intensive “Think-through-your-business” boot camp
  2. Mentorship under seasoned entrepreneurs and Agric Experts
  3. Membership of the F4F alumni network
  4. Participation in other partner-drive training programs
  5. Support with business registration & other legal & regulatory requirements

Stages of Competition – Farmers for the Future Grant (F4F Grant)

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.ts.

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 – Farmers for the Future Grant (F4F Grant)

  1. For details and to apply for the Farmers for the Future Grant (F4F Grant) visit the official website

 

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