Fast Forward is an innovative Venture Fund dedicated to supporting a cohort of startups developing technology products for Nigeria’s livestock and allied industries. This program will select and back up to 10 livestock-techventures, providing essential startup funding and company-building support, including app development, growth marketing, PR, strategy, and operations.
The Fast Forward team will collaborate with founders to achieve solid unit economics and target a minimum of $20K Monthly Recurring Revenue (MRR) within six months.
Fast Forward plans to invest up to $100K in at least three companies that reach these milestones during the program. Furthermore, this venture capital initiative, which focuses on agriculture technology, aims to introduce startups to a broader network of local and regional investors, as well as global customers.
The program for Nigerian livestock-tech innovators is supported by a grant from the German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.
Name of Host Institution
Fast Forward
Requirements/Eligibility Criteria
Fast Forward is actively recruiting ventures with a tech focus across the entire livestock value chain, including but not limited to:
- Vaccines and R&D
- Engineering and Processing
- Health and Monitoring
- Farm Management
- Data and Analytics
- Predictive Technologies
- Financing
- Business and Education
This initiative represents a significant opportunity for entrepreneurship in the Nigerian livestock sector, fostering innovation and collaboration among startups looking to make a substantial impact in their field.
Deadline
Not specified
Fast Forward Venture Fund Application