13 Caribbean Countries

AgriTech Challenge in The Caribbean

Compete Caribbean
Client
Compete Caribbean
Location
13 Caribbean Countries
Duration of assignment
2021-2022
Service

THE CLIENT

Compete Caribbean is a private sector development program from IADB that operates in 13 Caribbean countries and partnered with BPIAJ, the Business Process Association of Jamaica that represents a critical high employment sector in the country with international and national firms.

THE CHALLENGE

Contribute to the improvement of the Caribbean agriculture sectors by using AgriTech technologies.

Promote the adoption of technology use in agriculture and agri-food sectors, by supporting entrepreneurs and start ups.

THE SERVICE

Our work includes:

Strategic analysis of agriculture subsectors to identify the main challenges that can be solved by using technologies: fruits & vegetables, coffee & cocoa, sauces & spices.

Launch a call for pilots, and help them to prepare a pitch for their selection.

Support the acceleration of pilots by monitoring their implementation, using agile methodologies while training the entrepreneurs.

Help the successful pilots to build their scale up plan to be presented in front of an investment panel where 3 of them will be selected to receive funds to launch the project.

RESULTS

8 pilots selected from Belize, Suriname, Grenada, Jamaica, Trinidad Tobago, Saint Lucia and the Bahamas: coaching the teams and helping their implementation and to get ready for the investment panel.

4 joint training sessions: value proposition, pitch preparation, agile/scrum methodologies and scale up plan.

6 of the projects were selected to receive funding to scale up.

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