Grant size: $500,000 - $2,500,000
Donor: Mastercard Foundation
The Agribusiness Challenge Fund will provide SMEs with innovative and commercially viable agribusinesses across 20 countries in Sub-Saharan Africa the opportunity to receive support to upscale their businesses in a bid to create sustainable employment opportunities for young people, with particular focus on young women.
Selected SMEs will receive support from the Fund, including grants ranging from US$ 500,000 to US$ 2,500,000, disbursed over a 3-year period, based on the applicants’ development stage, scalability and business model, in accordance with agreed periodic milestone targets. The funding structure will be determined on a case-by-case basis after evaluating proposals and organizations. Additional support to successful applicants will include tailored technical assistance in alignment with FRP objectives over the 3-year period.
