top of page

Mastercard | The Agribusiness Challenge Fund

SECTORS :

Agriculture | Climate adaptation | Digital economy

GRANTING ENTITIES :

Agriculture | Climate adaptation | Digital economy

DEADLINE :

November 22, 2024

TYPE OF SUPPORT :

Grant

FUNDING BENEFIT :

500,000-2,500,000 USD

APPLICANTS :

SMEs

Mastercard | The Agribusiness Challenge Fund

LOCATIONS :

20 countries

SYNOPSIS

TheĀ Agribusiness Challenge Fund is a rolling call for proposals open from 18 March 2024 to 22 November 2024, with three application harvest periods in between. The challenge is open to SME applications from any country as long as the projects meet the eligibility criteria and are being implemented in at least one of the 20 focus countries the Fund is targeting.


Support from the Fund includes grants ranging from US$ 500,000 to US$ 2,500,000, disbursed over a three-year period, based on the applicant's development stage, scalability, and business model, in accordance with agreed periodic milestone targets. The funding structure will be determined on a case-by-case basis after evaluating proposals and organizations. Additional support to successful applicants will include tailored technical assistance in alignment with the Fund objectives over the three-year period.


CATEGORIES OF INTEREST IN THE AGRIBUSINESS CHALLENGEĀ 

  • Primary production

  • Processing and aggregation

  • Trading and market linkages

While broadly interested in any agribusiness opportunity that is capable of work creation opportunities for young women and men, those working in these or other parts of the agriculture value chain are encouraged to apply:

  • Forestry

  • Fishing

  • Horticulture

  • Plant Breeding

  • Agro input supplies

  • Cash crop - cocoa

  • Cash crop - cotton

  • Cash crop - coffee



  • Cash crop - tea

  • Fruits and vegetables

  • Livestock - dairy

  • Livestock - beef

  • Livestock - goats

  • Livestock - pig

  • Poultry

  • Solar powered agriculture tools

  • Early warning systems

  • Climate resilient crop varieties



  • Food storage and preservation

  • Farmer training on adaptation techniques

  • Crop insurance servicesĀ 

  • Smart irrigation systems

  • Drip irrigation

  • Soil moisture sensors

  • Organic fertilizers

  • Bioenergy production and fossil fuels

  • Solar powered agricultural tools

  • Capacity building


For more information & application, click here.

bottom of page