Finalists with members of the jury
The Youth-Enabled Fish Farming AgriHack in West Africa 2016 came to a memorable end with a “6 days onsite incubation programme” at Wennovation Hub, Ibadan – Nigeria. The CTA project also dubbed “AgriHack West Africa”, saw 8 teams comprising of 18 finalists selected from a hackathon earlier in August, come in from various cities across 3 West African countries of Benin, Nigeria and Togo.
The onsite incubation programme which concludes the WennoKick virtual incubation programme – a 5 weeks virtual incubation programme which the 18 finalist had earlier gone through – began on Monday the 14th and ended in a demo day on 18th of November, 2016.
The first two days of the programme was concentrated on revision of the WennoKick materials on the following topics;
- Vision & Values, Goal setting
- Lean Methodologies
- Problem definition
- Business Model Canvas
- Opportunity sizing
- Competition & Competitive advantage
- BM Pyramid
- Customer Discovery & Story telling
- MVP, Pivots
- Co-founders & Equity
- Marketing, Sales
- Capital Raising
On the third day of the programme, finalists were taken through a thorough financial planning and forecast course which helped them develop 3 years financial plans.
The fourth day was focused on start-up mentoring. There were virtual and in-person mentor sessions. Finalists had the opportunity to interact with serial entrepreneurs and angel investors about the idea they have been developing.
The onsite incubation programme came to a close on Friday, 18th November, 2016 with pitch and demo sessions. Finalists pitch their solutions to the jury who in-turn, scored and gave them valuable feed backs.
Finalists were graded based on three activities namely;
1. WennoKick workbooks (25%)
2. Elevator pitch (5%)
3. Investor pitch (70%)
While each of the 18 finalists walked away with mobile phones, each of the winning teams from the pitch sessions was awarded 1850 euros as developmental prizes.
The winning teams include;
|S/N||Team Names||Country/City||Idea/Startup Description|
|1||Team Agroinnova||Nigeria/Ibadan||Designed a platform that allows fish sellers to list their products in details online before harvest and buyers can book online ahead|
|2||Team Safari||Nigeria/Warri||Designed a Fish Trading Portal that enables transactions across all nodes of the Nigerian Fish Market value chain.|
Designed a mobile application and a fish feed production unit. A mobile platform for the fish farmers who can compose their feed and our production unit will manufacture it for delivery to the fish farmer.
Developed a system for regulating water level and measuring the most important physicochemical parameters (T ° C, pH, O2, and turbidity) in intensive fish farming.
These teams will continue to receive advisory and technical support from Wennovation Hub - Nigeria, EtriLabs - Benin and Woelab - Togo for the next 4.5 months.