The second iteration of O-Farms, a Kenyan agri-circularity accelerator, has chosen ten entrepreneurs and will provide up to $24,000 in milestone-based funding to two peer-selected businesses.
Africa’s first agri-circularity-focused accelerator program, O-Farms, was launched in 2021 and is run by E4Impact Accelerator under the direction of Bopinc and Village Capital. Its goal is to make circularity a mainstream technique for improving sustainability and rural livelihoods.
We at E4 Impact want to help SMEs develop better products, strengthen their business plans, get access to capital, and build a foundational network that will advocate for better adoption of a circular economy as well as advantageous legislation and regulations. According to David Cheboryot, director of the E4Impact Entrepreneurship Centers, “we are anticipating the arrival of the second cohort of agri-circularity SMEs as we endeavor to firmly establish Kenya as an agricultural powerhouse in Africa.”
The firms that were chosen represent significant agri-circularity industry subsectors, such as biofuels, biodegradable packaging, animal feeds, fertilizer, and human food.
The chosen startups are listed below:
Solutions for the agribusiness.
Agricultural Janabichi Solutions.
Traders in Korogocho Market.
The selected startups will take part in a customized circularity curriculum that will help them define their circular solutions, improve their business models, and be eligible for grants of up to $24,000
Meet the nine African startups that are graduates of the 2022 Winter cohort of Techstars Toronto.