Youth-Enabled Fish Farming AgriHack 2016 Finale (Demo Day & Presentation of Awards)

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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;

  1. Vision & Values, Goal setting
  2. Lean Methodologies
  3. Problem definition
  4. Business Model Canvas
  5. Opportunity sizing
  6. Competition & Competitive advantage
  7. BM Pyramid
  8. Customer Discovery & Story telling
  9. MVP, Pivots
  10. Co-founders & Equity
  11. Marketing, Sales
  12. Capital Raising
  13. Pitching

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%)

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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.
3 Team Fisher_innove Benin/Cotonou

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.

4 Team Lizi Togo/Lome

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.

Wennovation Hub YEFFA 2016 applicant wins $5000 Award from Accelerators Monitoring and Evaluation Partner; Emory University

The Youth-Enabled Fish Farming AgriHack 2016 (YEFFA 2016) – a Technical Centre for Agricultural and Rural Co-operation ACP-EU (CTA) and Wennovation Hub sponsored ICT4Ag program focused on ICT interventions in the Aquaculture value chain in West Africa – received well over 100 team entries across West Africa after its “call for ideas” earlier in April 2016. 93 participants across West Africa (56 – Nigeria, 17 – Benin, 20 – Togo) accepted an invitation to attend a day boot camp where they gained vital tools and techniques for innovation and entrepreneurship in Agriculture. At the boot camp, 20 entrepreneurial teams with the brightest ideas were selected to proceed into the next round of the program. These 20 teams, across all locations, comprising of 3 members each participated in an “orientation by immersion” program for 1 day followed by a 3 day “Hackathon” program to develop commercially viable solutions to resilient challenges in the fish farm value chain in West Africa. At the close of the Hackathon, 8 teams across 4 cities in the 3 West African Countries emerged with the best prototypes. These teams have been admitted into the WennoKick program; a 6 weeks pre-acceleration program followed by a 4.5 month incubation program.

On a related note, Wennovation Hub recently enrolled with the Global Accelerator Learning Initiative (GALI); an Emory University and Aspen Network of Development Entrepreneurs (ANDE) led collaboration between US Global Development Lab (a USAID program), Omidyar Network, The Lemelson Foundation, and the Argidius Foundation. GALI is designed to weigh on a global scale the impact of Incubators and Accelerators on Startup Entrepreneurship.

GALI seeks to answer key questions about enterprise acceleration including: Do acceleration programs contribute to revenue growth? Do they help companies attract investment? What types of programs offered by accelerators have the highest impact on entrepreneurial success? What can we learn about the entrepreneurs who participate in the accelerator programs?

As part of the GALI program, 60 entrepreneurial teams from Wennovation Hub’s YEFFA 2016 program are participating in the GALI program, at Emory University, to benchmark their performance over the next couple of years with or without Wennovation Hub’s Acceleration program and incubation support. This program is for both YEFFA location finalists and runner ups. The GALI program will follow up with all respondents (the 60 teams) to benchmark the performances of those selected as location finalists into YEEFA’s Acceleration program versus those who applied for YEFFA but did not make it as location finalists.

To encourage participation in the program, each team who agrees to participate in the GALI program (by filling the form Wennovation Hub sent to them) is entered into a draw to win one of four $5000 unrestricted awards for their ventures in a transparent online quarterly draw. Fortunately, one of the applicant teams to YEFFA 2016 was one of the 4 global lucky winners of the $5000 award, given by Wennovation Hub’s Monitoring and Evaluation Partner; Emory University, Atlanta Georgia, USA.

Till date, Emory University have worked with nearly 60 accelerator programs around the world, including Village Capital, Points of Light Civic Accelerator and Technoserve programs. Through these many partners, they have collected and analyzed data from more than 3,500 early-stage ventures.

Congratulations to the IITA-Youth Agripreneurs-Abuja on being selected as one of the 4 global lucky winners for this quarter.
If interested in participating in the GALI program or joining any of our programs at Wennovation Hub, send a mail to info@wennovationhub.org for details or follow us @wennovation, facebook.com/wennovationhub and you could be the next winner!

Be a Stakeholder in AgriHack West Africa

Not long ago, there were just hooks and line. Then came fishing boats and nets. Now we have fishing vessels and water depth finders. No doubts, these developments have revolutionize the way we carry out wild fish farming. But then, these are just harvesting tools, there are still challenges which have remain resilient to the fish farming value chain. More so, the world is fast going digital and mobile solutions are being employed to tackle each and every challenge. In response to this, the Technical Centre for Agricultural and Rural Cooperation (CTA) in partnership with e-triLabs – Cotonou, Woelab – Lome, PIND – Warri and Wennovation Hub - Ibadan through the AgriHack Initiative is seeking to develop sustainable mobile solutions to these challenges in West Africa.

However, a gathering of key players across the fish farming value chain is required to identify these challenges through panel discussions for knowledge sharing. In the light of this, The Agrihack team is calling on all practitioners and academia in the field of aquaculture to rub minds at a stakeholders’ engagement event. See location schedules below;

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