Applications Invited for Post Harvest Loss Innovation Prize

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About the Organization

The Post Harvest Loss Innovation Prize led by Factor E Ventures, together with Shell Foundation, FCDO, ISF Advisors, MicroSave Consulting (MSC), and AndMore Associates is dedicated to uncovering the next big breakthrough in technology to reduce post-harvest losses for smallholder farmers.

Shell Foundation is a charity registered in England and Wales, founded by Shell in 2000, that creates and scales business solutions that empower underserved populations to earn a living income through clean energy technologies. It has a strategic partnership with the UK Government’s FCDO to accelerate access to energy-enabled solutions for smallholder farmers and agricultural SMEs (small and medium sized enterprises) in sub-Saharan Africa and South Asia.

About the Prize

The Post Harvest Loss Innovation Prize is seeking innovative solutions that reduce post-harvest loss for smallholder farmers in emerging markets. Funding from the prize is unrestricted.

This prize offers more than just a $50,000 financial reward for the winning applicant. Finalists gain access to a network of experienced industry leaders and receive media exposure to showcase their innovation. The winner will also benefit from access to Factor E’s post investment support . Gain the resources and recognition you need to accelerate your agritech journey, grow your innovation, and create impact.

Challenge:

• Globally, a staggering one-third of all food produced is lost or wasted before reaching consumers. This imposes significant economic losses while contributing unnecessarily to greenhouse gas emissions along the agricultural value chain.
• Among all stakeholders, food waste disproportionately impacts the 500 million smallholder farmers in emerging markets where post-harvest losses reduce income by at least 15%.
• Many of these smallholder farmers live in rural areas, with most of them lacking reliable energy access. Smallholder farmers need energy not only in primary production for irrigation and harvesting, but also for processing, storage, preservation, transportation, and distribution. Thus, reducing food and post-harvest loss calls for a greater use of energy for storage, processing, and transportation in sustainable, efficient, and cost-effective ways.

Eligibility

Applications may be submitted by any entity including startups, universities, non-profit organizations or for-profit companies.

How to Apply

Application Deadline: Aug 14, 2024

Contact: submissions@factore.com

Apply: Application form

Nominate: Nomination form

For more information please check the Link

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