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 small holder 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, ENTAG granted matching funds to 15 projects, which are first round winners of the fund. 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 of the announcement for innovation fund is now open. The deadline for submission of project concept notes is on 18 August 2017.
More information about the second call of the fund can be found on the downloads link above. Please download innovation fund announcement, fund manual and application concept note form all in one here. To open the file you need to have compression software installed on your computer or downloading device.