Post-Harvest Loss Innovation Prize
Virtual Event, 24/08/2024
©Factor[e]
Shell Foundation and the UK’s Foreign, Commonwealth and Development Office (FCDO) aims to increase farmer incomes by reducing post-harvest losses in South Asia and Sub-Saharan Africa. To accomplish this objective, it is necessary to implement scalable, cost-effective solutions that cater to the post-harvest requirements of smallholder farmers. These solutions should encourage sustainable agricultural practices while harnessing the benefits of clean energy technologies.
By implementing sustainable and cost-effective solutions to reduce post-harvest losses, farmers can experience a trifecta of benefits: increased incomes, higher yields, and greater climate resilience. Despite the growth in the number of available solutions (e.g., cold storage units), many of the technologies currently available are too expensive for smallholder farmers. Therefore, to encourage more smallholder farmers to adopt innovations that reduce post-harvest losses and reverse the trend of food waste, it is essential to develop solutions that are affordable, practical, and scalable for their operations.
The Post Harvest Loss Innovation Prize is seeking innovative solutions that reduce post-harvest loss for smallholder farmers in emerging markets. Funding from the prize is unrestricted.
This prize offers more than just a $50,000 financial reward for the winning applicant. Finalists gain access to a network of experienced industry leaders and receive media exposure to showcase their innovation. The winner will also benefit from access to Factor E’s post investment support . Gain the resources and recognition you need to accelerate your agritech journey, grow your innovation, and create impact.
Applications will be reviewed by the Factor E investment team, and the top five finalists will be announced on September 17th. The final award announcement will be on September 25, 2024.
Applications may be submitted by any entity including startups, universities, non-profit organizations or for-profit companies. Read more here