Reinventing solutions for the field! You still have time to take part in Siembra, New Ventures' business acceleration program. The announcement ends on July 31st.
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This article was translated from our Spanish edition using AI technologies. Errors can occur because of this process.
The opinions of entrepreneurs' contributors are their own.
Do you have an innovative project that will help improve the problems facing the Mexican countryside? Then this program is for you. This is Siembra, New Ventures' new acceleration program focused on the agribusiness.
“We are looking for early stage companies that bring innovative solutions to the field and help improve the quality of life for farmers and their communities,” explains Francisco Lizcano Bazaldúa, project manager at New Ventures, who leads the program.
The program focuses on accelerating entrepreneurs up to 35 years of age with early stage projects. Ideally, they already have a minimum viable product or are in the prototyping stage, although well-developed ideas supported by feasibility studies are also accepted. Companies that are already active and have little pulling power can also take part.
These can be technological tools that improve field production or make it more efficient, digital training courses or projects with a gender perspective or financial inclusion with a focus on farmers. Likewise, that they promote fair trade, which is oriented towards the field, explains Lizcano.
The best 50 projects can take part in a two-week bootcamp with workshops on relevant topics such as finance, business model, marketing, sales, impact as well as networking and inspiration sessions.
Then 10 projects will be selected that will be accelerated for four months. Those with the greatest scalability potential will have access to finance through Viwala, which in turn strengthens their credit history.
All selected projects become part of Colectiva NV and have access to the advantages of their student network, emphasizes Francisco.
Siembra is being developed by New Ventures México through a donation from Bayer, whose specialists take part in the boot camp as mentors.
Photo: Courtesy of New Ventures
Enrollment in the program. June 14th to July 31st. Boot camp. August 23 – September 10. Acceleration. From February 7, 2021.