International Institute of Tropical Agriculture (IITA) in partnership with Bopinc and the Embassy of the Kingdom of the Netherlands seeks to provide youths between the ages of 18 and 35 with the required entrepreneurship skills to expand existing agribusiness enterprise (accelerators) or venture into agribusiness (incubators).
OPPORTUNITY AT A GLANCE:
| Category | Details |
|---|---|
| Sponsor | Nigerian Content Development and Monitoring Board (NCDMB) ¹ |
| Eligibility | 100-200 level students in Nigerian tertiary institutions ¹ |
| Essay Topic | Nigerian Content and Opportunities in African Local Content Advancement ¹ |
| Submission Deadline | October 14, 2024 ¹ |
| Submission Guidelines | Online submission at (link unavailable), with letter of admission or HOD attestation ¹ |
| Prizes | N1,000,000 (1st), N700,000 (2nd), N500,000 (3rd), laptops for top 10 finalists ¹ |
| Judging Criteria | Clarity, spelling and grammar, originality, depth of analysis, relevance, conformity to rules ¹ |
| Award Ceremony | November 14, 2024 ¹ |
| Purpose | Promote Nigerian Content initiative, build local capacity in oil and gas industry ¹ |
Fact About The Agribusiness
1. Food for Thought: The Agribusiness Industry Feeds 7.9 Billion People!
The global agribusiness industry produces over 2.5 billion metric tons of food annually, enough to feed the world’s growing population.
2. Farming Frenzy: Agriculture Accounts for 25% of Global Employment!
One in four people worldwide work in agriculture, making it the largest source of employment globally.
3. The Future is Vertical: Hydroponic Farming Increases Yield by 30%
Hydroponic farming, a method of growing plants without soil, boosts crop yields by 30% and uses 90% less water.
4. Cow Power: Livestock Produce 14.5% of Global Greenhouse Gas Emissions
The livestock industry generates more greenhouse gas emissions than the entire transportation sector.
5. From Seeds to Dollars: The Global Agribusiness Market is Worth $8.7 Trillion!
The agribusiness industry is projected to reach $10.5 trillion by 2025.
6. Digital Harvest: Precision Agriculture Can Increase Crop Yields by 15%
Precision agriculture, using technology like drones and satellite imaging, optimizes farming practices.
7. Water Wisdom: Agriculture Accounts for 70% of Global Water Usage
Irrigation alone consumes 40% of global water resources.
8. Super Crop: Genetically Modified Crops Increase Yield by 22%
Genetically modified crops have improved resistance to pests and diseases.
9. Urban Farming Boom: 25% of World’s Food is Grown in Cities
Urban agriculture provides fresh produce to local communities.
10. Farm-to-Table: The Global Organic Food Market is Projected to Reach $324 Billion by 2025
Consumer demand for organic and sustainable food drives industry growth.
Details For 2024 Youth in Agribusiness Training Programme
Youth in Agribusiness: Enabling scaling of innovative technologies for sustainable food solutions (YAS), a project implemented by IITA, invites applications from persons between the ages of 18 and 35 for the 2024 training cohorts in agribusiness in Oyo, Ogun, Kano and the Federal Capital Territory, Abuja.
Eligibility Requirements For 2024 Youth in Agribusiness Training Programme
This application is open to youths who want to explore and venture into agribusiness (incubators) and those with existing agribusiness enterprise but require additional skills for their business expansion and growth (accelerators).
Rewards For 2024 Youth in Agribusiness Training Programme
In this programme, participants will be trained in the value chains of
- Yam
- Poultry
- Cassava
- Maize
- Soybean
- Horticulture
- Groundnut
- Aquaculture
How To Apply For 2024 Youth in Agribusiness Training Programme
To apply for the Youth in Agribusiness Training Programme, interested and qualified applicants should use the “CLICK HERE TO APPLY” button to proceed to the application page