#WorldBank #startupinnovations #InnMind
The agriculture sector in Southern Africa faces increasing risks as natural disasters become more frequent and disruptive due to climate change. Climate change is expected to intensify the following agriculture risks in the South Africa Development Community (SADC):
Crop failures due to extreme weather events (drought, floods)
Animal and/or plant pests or diseases
Food price, agriculture, and trade flow disruptions
To incentivize the development of these risk financing tools, the World Bank has launched three challenges with the aim to demonstrate alternative ways of collecting or monitoring critical datasets and indices that can be used to ultimately assess in a granular, scalable and dynamic way the various dimensions of impact induced by agricultural stressors.
CHALLENGE 1: ALTERNATIVE METHODS FOR MEASURING WEATHER VARIABLES
CHALLENGE 2: PREDICTING OR MONITORING ANIMAL AND/OR PLANT PESTS DISEASE OUTBREAKS
CHALLENGE 3: BRING YOUR OWN AGRICULTURE DATA
120 startups from 33 countries worldwide applied to participate in the World Bank Agriculture Challenge among which 20 candidates were shortlisted and 3 winners selected.
Watch the Final Round of the 2020 Southern Africa Innovation Challenge for Food Security & Agriculture Risk Financing in Southern Africa. The top shortlisted innovators are pitching their solutions in front of a Grand Jury. The Grand Jury are questioning the innovators and their solutions in a “shark-tank” style format in 30-minute sessions per each finalist.
Day 3. Bring Your Own Agriculture Data Challenge
Innovators:
eSusFarm (South Africa)
Satyukt Analytics Private Limited (India)
The Namib Bee Project (Namibia)
SupPlant ME (Israel)
Aerobotics: Citrus Yield Estimation (South Africa)
CropIn Technology Solutions Pvt Ltd (India)
BeCrop, the new layer of functional soil data (US)
The Challenge 3 Grand Jury:
Pedro Dozi, Project Manager/Coordinator at Commercial Agriculture Development Project, Angola
Cristina Stefan, Sr. Risk Monitoring Specialist at The World Bank
Parmesh Shah, Global Lead at the World Bank, Rural Livelihoods and Agricultural Jobs
Natalia Olson, Director of Activism & Government Washington DC, Palo Alto CA & Barcelona ES
Hervé Trebossen, Crisis and Disaster Risk Financing, The World Bank
Nelli Orlova, CEO at InnMind, global ecosystem for startups & investors
The winner of the Challenge 3 is CropIn (India) [ Ссылка ]
Congratulations!
The World Bank Grand Jury also acknowledged the high quality of all finalists’ solutions by creating additional Honorable Mentions awards. The following awards go to:
Injini: Contribute Data Using Social Media (South Africa) - Honorable Mention for Harnessing Social Media
Saillog (Israel) - Honorable Mention for Accessibility
eSusFarm (South Africa) - Honorable Mention for Innovative Locally Sustainable Business Model
Well done!
***
InnMind.com is an official partner of the World Bank’s Agriculture Innovation Challenges. Register on [ Ссылка ] to participate in global startup events and pitch your startup to venture and angel investors.
Watch the leading venture investors’ and startup founders’ interviews on how to get over the corona crisis on [ Ссылка ]
***
For more information please visit
[ Ссылка ]
Watch the other videos on our Youtube Channel:
▶ How to pitch to Tim Draper? Startups fundraising advice by investor [ Ссылка ]
▶ “"Billion-dollar approach": venture capital logic explained” Igor Shoifot, the Investment Partner (USA) at TMT Investments Plc.
[ Ссылка ]
Read:
💡 #covid19 and venture market: what is our future? [ Ссылка ]
💡 Coronavirus pandemic and market crush: investor's response. "For new investors, it is hard to think of better timing to step in" [ Ссылка ]
Ещё видео!