Milken-Motsepe Prize in AgriTech 2021 ($1M grand prize)
Deadline: December 31, 2021
Applications are open for the Milken-Motsepe Prize in AgriTech 2021. The inaugural Milken-Motsepe Prize focuses on accelerating progress towards Sustainable Development Goals (SDGs) 1 and 2: no poverty and zero hunger.
The Milken-Motsepe Prize in AgriTech is a global competition for innovative solutions to increase economic value to farmers, from seed to sale. Winning teams will increase net economic value to small and medium-sized farms by:
- Developing innovative technology solutions for any stage of the food system, from seed to sale
- Designing a viable business model
- Increasing farm productivity and/or decreasing post-harvest loss
- The winning team will receive a $1 million grand prize, with $1 million in additional prizes.
Many entrepreneurs lack the information and tools they need to bring their invention to life. In addition to the chance to win cash prizes, the Milken-Motsepe Innovation Prize program provides a rich set of opportunities for entrepreneurs.
- Online Community: Simply complete the free prize registration process and you will join an online community of other entrepreneurs. The prize portal will give you access to:
- Team matchmaking
- Resources for entrepreneurs
- Online training and help desk
- Certificate Program: Teams will receive a 12-week experiential learning program powered by the Stanford Center for Professional Development Idea to Market curriculum. Upon completion of the program, teams will receive a Certificate of Completion:
- Stanford Center for Professional Development Certificate of Completion
- Mentoring from industry experts
- Pitch and feedback sessions
- Alumni Network: Winning teams will join the Milken-Motsepe Innovation Prize program alumni network following prize completion, with access to:
- Data Analysis
- Networking opportunities
- Anyone is eligible to register regardless of age, geographic location, or any other factor. If someone has a great idea, they can participate.
- Minors will require someone of the majority age to sign legal documents on the team’s behalf.
The Prize competition consists of two rounds: an eight-month Design Round and a one-year Finalist Round.
- Design Round: Teams submit their design and business model. An independent panel of expert judges will select up to 25 teams to receive $10,000 each and advance in the competition.
- Finalist Round: Teams develop their prototypes and conduct field tests on small and medium-sized farms in Africa.