United Nation’s WFP Innovation Accelerator Looking for Startups for 2018 Winter Sprint

Posted on February 27th, 2018
Biz News

wheat-grain-agriculture-seed-54084The WFP Innovation Accelerator is looking for startups or companies from across the world that can help end hunger to participate in a week-long bootcamp and 3-6 month sprint programme.

Selected projects will get access to mentorship, financial support, and WFP operations, partners and technical experts.

Based in Munich, Germany, the WFP Innovation Accelerator helps identify, develop and roll out bold new ideas for a world with zero hunger.

As of July 2017, more than 20 internal-WFP innovation projects or startups are supported, addressing a range of challenges from growing food in the desert, to helping smallholder farmers access local markets.

Innovation projects / startups selected by the Accelerator participate in an intensive 3–6 month ‘Sprint Programme’ that helps them reach proof of concept, develop prototypes ready for implementation, and/or scale.

Teams/start-ups selected for our ‘Sprint Programme’ will receive up to USD 100,000 in sprint funding, access to WFP’s global operations and access to WFP’s global network of partners and resources. Further funding is dependent upon progress and achievement of key targets.

They look for startups that meet the following expectations:

  • High potential to reach Zero Hunger
  • High level of innovation – could be on the technology, business model or systems
  • Strong team – team track record together, individual skills
  • Scalability potential
  • Financial sustainability of the project – have a sustainable business model that doesn’t rely on WFP
  • Proven problem and traction

WFP Innovation Accelerator does not take equity in start-ups that participate in the Sprint Programme. More information available here.