Nigerian Agri-tech Startups Invited to Apply for $3m Covid-19 Food Security Challenge.

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The US Agency for International Development (USAID) has launched the USAID/Nigeria COVID-19 Food Security Challenge, which will offer US$3 million in funding and technical assistance to Nigerian companies mitigating the impact of COVID-19 on Nigeria’s agri-food systems.

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Nigeria, like most other countries is presently confronted with a food security crisis that is deepened by COVID-19 global pandemic and its negative consequences on the food value chain in the country.

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Millions of people, and especially the most vulnerable households in Africa are threatened with hunger and malnutrition due to the socio-economic fallout from the COVID-19 pandemic and large-scale disruption to food production, processing, distribution, and marketing systems.

In response to this crisis, USAID is looking to collaborate with commercially viable youth-led and mid-stage companies that are already operating in food production, processing, or distribution across Nigeria. Applications are open to youth-led and mid-stage companies.

The  COVID-19 Food Security Challenge anticipates awarding 15 to 25 companies up to US$75,000 each and 10 to 15 mid-stage companies up to US$150,000 each.

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The winners will receive funding and technical assistance to rapidly expand their food production or food security activities to mitigate the effect of COVID-19 on Nigeria’s food value chain and improve the resilience of vulnerable households to the negative impacts of the pandemic.

However, the Applications for the food security challenge close on May 9, 2021

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