Key details:
- Host: USAID
- Host country: Nigeria
- Open to: Nigerians
- Targets: Entrepreneurs
- Deadline: 9th May, 2021
Applications for the USAID/Nigeria COVID-19 Food Security challenge is currently ongoing.
About USAID/Nigeria COVID-19 Food Security Challenge
As part of the Feed the Future initiative, USAID/Nigeria is looking for youth-led and mid-stage companies that are already involved in food production, processing, and/or distribution to partner with. In order to mitigate the impact of COVID-19 on Nigeria’s food value chain, USAID is asking these partners to help farmers and other stakeholders in the food value chain increase agricultural productivity and food security within the next year.
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These partners may be new to USAID or existing partners that have a novel approach to address this crisis.
Aims of USAID/Nigeria COVID-19 Food Security Challenge
The USAID/Nigeria COVID-19 Food Security Challenge aims at;
- Increase food and agriculture system productivity and enhance efficient production along the value chains in order to unlock agricultural production that has been limited by COVID-19’s impact on food production, processing, and distribution in Nigeria.
- Increase income for Base of the Pyramid (BoP) women and men in both rural and urban areas.
- Provide youth-led and mid-stage companies the technical assistance and capital they need to sustainably scale solutions to meet the requirements of the Challenge.
- Promote climate and environmental resilience as well as biodiversity through the sustainable, holistic management of natural resources and ecosystems.
- Develop and promote innovative and local food-based models, including the local production, processing, and marketing of highly nutritious foods to prevent and/or treat wasting/acute malnutrition.
- Promote socially responsible marketing/advertising to increase demand for safe, nutritious foods and other nutrition-related commodities and services.
USAID/Nigeria COVID-19 Food Security Challenge Eligibility Criteria
- Only open to registered for-profit companies who have a local presence in Nigeria. They encourage applications from micro, small, and medium enterprises that have not previously worked with USAID.
- The Challenge is open to all relevant companies regardless of size.
- All applicants must be registered and authorized by the national government in Nigeria or have at least one registered Nigerian local partner. This local partner could be a commercial partner, joint venture partner, or candidate for a merger or acquisition. If working with a registered Nigerian partner, the local partner should have a tangible stake in the innovation and its development rather than, for example, a local merchandiser who stocks the product.
- All applicants must have a sustainable and financially viable business model for their innovation in the Nigerian food security value chain. The eligibility requirements for mid-stage and youth-led applicants are as follows:
- Mid-stage applicants must have existing services or products in the Nigerian food security value chain with a minimum of 1,000 existing customers.
- Youth-led applicants must have a founder under the age of 29 at the time of submission, must have a pre-revenue or post-revenue business model innovation in the Nigerian food security value chain, and must have a working prototype or minimum viable product along with a demonstrated BoP market segment being targeted.
- All mid-stage applicants are required to have 50 percent leveraged funds. The external funds may pay for activities that further the growth, development, or commercialization of the innovator’s technology. The final amount of leveraged funds will be determined on a case-by-case basis for each applicant. Mid-stage awardees will be required to provide evidence of the commitment of the leveraged funds at the time of award. There are no leverage funds requirements for youth-led applicants, but youth-led applicants are encouraged to demonstrate leveraged funds when possible.
- All Apparently Successful Applicants will undergo a responsibility determination prior to award to ensure that they have the technical and organizational capacity to manage a USAID-funded award. Apparently Successful Applicants must have a DUNS number and be registered in the System for Award Management (SAM).
- Applications must demonstrate a direct, tangible linkage between their COVID-19 response and food value chains. Applications must also demonstrate a direct or indirect benefit to the BoP in Nigeria.
- Applications must be written in English.
- All references to a currency in the Challenge should be in United States Dollars (USD). Please use the exchange rate of 1USD = 409 naira.
- Applicants are NOT permitted to use Challenge funding to purchase agricultural commodities as defined in ADS 312.3.3.1.
USAID/Nigeria COVID-19 Food Security Challenge Benefit
- The Challenge anticipates making $1.25 million available for 15-25 awards of $25,000 to $75,000 in funding and technical assistance for commercially viable, youth-led (up to age 29) companies to improve food production and/or food security.
- The Challenge also anticipates making $1.75 million available for 10-15 awards of $75,000 to $150,000 in funding and technical assistance for mid-stage enterprises (with an existing customer base of more than 1,000 people) that can rapidly expand their activities to improve food production and/or food security.
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USAID/Nigeria COVID-19 Food Security Challenge Application Procedure
- Read the Request for Applications to understand the application process and requirements
- Review the Challenge’s Frequently Asked Questions (FAQ)and Fact Sheet
- Email us any questions you have about the Challenge by April 23, 2021
- Register and join us for our informational webinar on April 28, 2021 at 2:00 PM WAT
- Apply through the Online Application Portal before the application deadline.
For more information visit the official website of USAID/Nigeria COVID-19 Food Security Challenge 2021