Innovation Fund is one of the five focus areas of ENTAG’s support to the agribusiness sector in Ethiopia, with a maximum grant budget of € 0.8 million. The objective of the fund is to promote innovations in various agricultural sub-sectors that benefit smallholder farmers. The fund provides matching grant funding for innovative projects, with a maximum grant contribution of € 25,000. Projects are considered innovative when they introduce new or improved products, services, technology, business models and/or service delivery model to the country. Projects that take place in the poultry, aquaculture, legumes, spices, sesame, potato and dairy sub-sectors are eligible for co-funding, as well as projects targeting agri-processing, agri-logistics and agricultural financing in any agricultural sub-sector.
The Innovation Fund has been operational from September 2016, and it will end in December 2019. In July 2017, in its first round announcement, ENTAG granted matching funds to 15 innovative projects. These projects won grants from € 15,000 to € 25,000, making the total amount of money granted in first round more than € 300,000.
The second round announcement was also opened during August 2017. A total of six innovative project ideas were finalists of the round, making the total amount of money granted in the second round funding about € 150,000. In the third round 45 concept notes are selected and the project proposals are under review.
The fourth round call for innovative project ideas is now open. The deadline for submission of project concept notes is on 24 August 2018. More information about the call can be found on the downloads link below. Please download innovation fund announcement, fund manual and application concept note form all in one here.