Farmcrowdy receives $325,000 GSMA Ecosystem Accelerator grant

Lagos (Nigeria), February 2018. GreenTec Capital Partners are very pleased to announce that Farmcrowdy have been selected as the recipients of a $325,000 (£250,000) GSMA Ecosystem Accelerator grant. The company will use the funds to further develop features on its mobile application.

The GSM Asssociation (GSMA) is the global trade organization for mobile network operators and offer grants through the Ecosystem Accelerator Programme’s Innovation Fund. The fund’s mission is to build synergies between start-ups and mobile operators, with the aim to scale innovative and sustainable mobile services in emerging markets. Farmcrowdy was selected as one of 15 startups from among more than 550 applicants from 40 countries

Farmcrowdy will use the funding to support the further development of its mobile application, particularly the implementation of features for smallholder farmers to interact with the agricultural platform. The company’s innovative approach to agri-tech matches farm sponsor with farmers to mutual benefit. Farmers are provided an alternative source of financing to improve their farms, while sponsors are offered attractive micro-investments.


Other Posts

LegAfrik accepted into #FastTrackTech Abidjan Accelerator Programme.

Abidjan (Senegal) and Frankfurt (Germany), December 2019. GreenTec Capital is very happy to report that LegAfrik has been accepted into the #FastTrackTech Abidjan Accelerator program, joining 15 other start-ups. LegAfrik has joined the Senegalese cohort of #FastTrackTech under the growth track and will receive support to further develop its innovative legaltech platform as well as…

read more

Maxime Bayen at Seedstars Summit Africa 2019

Johannesburg (South Africa) and Frankfurt (Germany), December 2019. This week, GreenTec Capital Company Builder Maxime Bayen was in Johannesburg, South Africa to attend and support Seedstars Summit Africa 2019. Maxime supported the event by participating in a workshop organized by the GSMA Ecosystem Accelerator Programme. The Seedstars Summit Africa 2019 was the last of 25…

read more

Peter Grouev at Westerwelle Foundation’s Young Founders Conference Tunis 2019

Tunis (Tunisia) and Frankfurt (Germany), November 2019. Earlier this month, GreenTec’s Head of Risk Management travelled to Tunis, Tunisia to support the Westerwelle Foundation’s Young Founders Conference Tunis 2019 and its cohort of newly inducted founders at the newly opened Startup Haus Tunis. The Startup Haus Tunis is the first entrepreneurship center of its kind…

read more