The Milken-Motsepe Prize in AgriTech 2021
The inaugural Milken-Motsepe Prize focuses on accelerating progress towards Sustainable Development Goals (SDGs) 1 and 2: no poverty and zero hunger.
The Milken-Motsepe Prize in AgriTech is a global competition for innovative solutions to increase economic value to farmers, from seed to sale.
Who should apply?
Winning teams will increase net economic value to small and medium-sized farms by:
- Developing innovative technology solutions for any stage of the food system, from seed to sale
- Designing a viable business model
- Increasing farm productivity and/or decreasing post-harvest loss
The winning team will receive a $1 million grand prize, with $1 million in additional prizes.
AgriTech can allow for tremendous progress in crop yields, farm productivity, plant and animal health, sustainability, waste reduction, and scalability
Agriculture is by far the most important economic activity in Africa, employing about two-thirds of the continent’s working population. Yet agricultural productivity growth in Africa is about half that seen in other developing economies.
Agricultural technology (AgriTech) is essential for this growth. AgriTech can allow for tremendous progress in crop yields, farm productivity, plant and animal health, sustainability, waste reduction, and scalability.
AgriTech is a fast-growing industry ripe for innovative business models and opportunities. It is good for business and needed for people.
The Milken-Motsepe Prize in AgriTech addresses the problems faced by farmers on small to medium-sized farms in Africa
More broadly, it is designed to accelerate progress toward the first two SDGs: eradicating poverty and eliminating hunger.
For nearly 25 years, extreme poverty was on the decline. The ravaging effects of COVID-19 have compounded a growing climate crisis, and we now face the worst setback in poverty eradication we’ve seen in a generation.
It is more important than ever that we act now and accelerate change to end global poverty. Ending hunger is closely intertwined with ending poverty.
The root of the food crisis begins at the farm. Increasing productivity and value to small and medium-sized farms is critical for solving global hunger.
Interested in applying for the The Milken-Motsepe Prize in AgriTech 2022? Register your participation by following the registration link and taking the suggested steps.