Feed the Future
This project is part of the U.S. Government's global hunger and food security initiative.

2015 AgAccelerator Lab Report | Investing in Businesses Targeting the Smallholder Market

Institution(s): 
Date Published: 
July 1, 2015

In June 2015, Feed the Future Partnering for Innovation (FTF P4I) hosted an AgAccelerator Lab to amplify investments and facilitate business growth and impact on smallholder farmers. Held in Lake Naivasha, Kenya, the Lab targeted private sector partners who support business scale-ups and deeper reach into smallholder markets. Owners, managing directors, and leading decision makers from 28 companies operating across four continents attended, including representatives from five companies that have signed letters of intent with the New Alliance for Food Security and Nutrition. The dynamic event offered participants an opportunity to work with peers, business experts, and impact investors to develop customized business development strategies. Participants identified the most valuable event outcome as potential new partnerships, which included regional distribution channels for seed producers, new markets for local input distributors, and a business incubator for women entrepreneurs in Kenya. Each participant developed an individual scale-up and business growth plan in collaboration with event faculty and program staff, which will also guide FTF P4I’s business acceleration services for graduating partners moving forward.

The AgAccelerator Lab report offers a description of the workshop, a list of participants, outcomes, successes, and next steps.

“The AgAccelerator Lab was an eye opener. Learning to pitch was one of the main highlights. However, something greater came out of this workshop. We look forward to not only making an impact with our technologies but also ensuring the smallholder farmer gets the best out of this association of powerful individuals!” -Louise Labuschagne, Co-Founder The Real IPM Company