Fund launched to promote innovation in business
Business
By
Nanjinia Wamuswa
| May 01, 2016
Private sector companies and consortia are among those eligible for the Soybean Challenge Fund. The fund launched by FoodTrade ESA seeks to stimulate innovative business models to unlock barriers in the regional soybean value chains.
FoodTrade ESA will provide up to 49 per cent of the total proposed budget of proposals received, with successful applicants entitled to grants ranging between £250,000 and £800,000 per proposal.
Marc Van Uytvanck, team leader of the FoodTrade ESA programme said development of regional soybean value chain systems is the third pillar of the programme, which focuses on enhancing and promoting trade in staple foods. “By working with the private sector and other development actors, we aim to promote the participation of small scale farmers in the production and marketing of soybeans,” said Marc.
-Nanjinia Wamuswa
Private sector companies and consortia are among those eligible for the Soybean Challenge Fund. The fund launched by FoodTrade ESA seeks to stimulate innovative business models to unlock barriers in the regional soybean value chains.
READ MORE
State, workers' pay tensions cloud function
Sugarcane farmers accuse AFA of 'siding with cartels' as prices drop
Why the super-rich are ditching commercial property investments
Growing demand for housing births modern mansions in Nakuru slums
Inflation falls to 5pc in April as prices drop
Public hearings on controversial tobacco packaging rules kick off
EAPCC roars back to life after one-month hiatus for renovations
Slow growth of rural towns blamed for low internet connectivity
FoodTrade ESA will provide up to 49 per cent of the total proposed budget of proposals received, with successful applicants entitled to grants ranging between £250,000 and £800,000 per proposal.
Marc Van Uytvanck, team leader of the FoodTrade ESA programme said development of regional soybean value chain systems is the third pillar of the programme, which focuses on enhancing and promoting trade in staple foods. “By working with the private sector and other development actors, we aim to promote the participation of small scale farmers in the production and marketing of soybeans,” said Marc.
-Nanjinia Wamuswa
- State, workers' pay tensions cloud function
- Sugarcane farmers accuse AFA of 'siding with cartels' as prices drop
- Flooded petrol stations to be shut
- Forget miraa: Discovery of minerals stirs up Meru locals
- Super-rich investors bet on Kenya amid economic gloom