The Mastercard Foundation Fund for Resilience and Prosperity launches the Agribusiness Challenge Fund, targeting SMEs across 20 Sub-Saharan African countries. Calling for proposals from innovative SMEs in the agriculture sector, this initiative aims to create sustainable employment opportunities for young women, young persons with disabilities, and refugee youth.
Selected SMEs will receive grants ranging from US$ 500,000 to US$ 2,500,000, disbursed over a 3-year period, along with tailored technical assistance to support business growth and scalability. With a focus on promoting youth employment, especially among young women, this initiative aligns with the Mastercard Foundation’s commitment to fostering economic resilience and prosperity in Africa.
The Agribusiness Challenge Fund presents a unique opportunity for agri-SMEs to access financial support and capacity building, empowering them to expand their operations and generate employment opportunities at scale. Open to applications from SMEs in various stages of development, this fund aims to drive innovation and inclusive growth within the agriculture sector.
Don’t miss out on this incredible opportunity! The call for proposals is open until November 22, 2024, with periodic collections of applications assessed every 12 weeks. Join us in shaping the future of agriculture and creating meaningful impact across Sub-Saharan Africa!
