Fund launched to promote innovation in business

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.

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