Milken-Motsepe Prize in AgriTech 2021 ($1M grand prize)

Milken-Motsepe Prize in AgriTech 2021 ($1M grand prize)

Applications are open for the Milken-Motsepe Prize in AgriTech 2021, and closes December 31, 2021. The focus of the inaugural Milken-Motsepe Prize is 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

Benefits

Registration is free and open to anyone, with a $1 million grand prize available for the winning team, and $1 million in additional prices

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:
- Investors
- Data Analysis
- Networking opportunities

Eligibility

The program is open to anyone 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.

Application

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.