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Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF ...

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Tanzania Agribusiness Window (TZAW): Round 4
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Page 1: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Tanzania Agribusiness Window (TZAW): Round 4

Page 2: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

The Presentation

Introduction to the AECF Goal/Purpose of the AECF Funders and PartnersFinding the right projects TZAW R1-R3Tanzania Agribusiness Window Round 4 Introduction Selection Criteria Competition Process

Contact Information

Page 3: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

What is the AECF?

The AECF is a fund of donor money available to the private sector on a competitive basis

It is a special partnership initiative of the Alliance for a Green Revolution in Africa (AGRA)

Funded by a multi-donor consortium (Dutch, DFID, DANIDA, SIDA, IFAD, CGAP). The donors form the Governing Council of the AECF

Managed by a KPMG led team (the Fund Manager). Triple Line services provides M&E support.

Initial capital was US$36m; now over US$245m

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Page 4: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Aims & Objectives

Goal: accelerate pro-poor growth in Africa – increasing employment, livelihood opportunities and income thereby reducing poverty.

Purpose: to make agribusiness, finance, renewable energy and information market systems work better for the poor in rural areas in Africa

Result: by improving the way market systems work, we aim to have a positive impact (jobs and incomes) on large numbers of people living in rural areas.

Modus Operandi: The AECF works by supporting private sector companies to develop and test new and innovative business ideas

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Page 5: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

AECF is a special initiative of

Funded by

The members of donor consortium of the AECF include:

Page 6: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

How the AECF worksT

he F

oc

us :

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The

Model:“

Bes

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n t

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private sect

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wit

h eligi

bility a

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on criteria t

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AECF

Page 7: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Starting Races rather than Picking Winners

SCALE

(SOCIAL) IMPACTVIABILITY

We seek projects that are commercially motivated & innovative to get systemic

impact

Commercial Motivation: Scale required for systems impact; scale will only be reached if business model is (very) profitable

Disruptive Innovation: as a key indicator of systemic change potential

• Upsetting the market such that others will copy and replicate – the more innovative the better

Principle: Start races rather than picking winners

Page 8: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

What is Tanzania Agribusiness Window (TZAW)?

A special funding window for business ideas in agribusiness and information or financial services that will be implemented in Tanzania

Goal: Contribute to wealth creation and rural poverty reduction in Tanzania

Objective: To catalyse private sector investment and innovation in agribusiness and rural financial services projects that are commercially viable, have significant developmental returns and wider systemic impact.

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Page 9: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

What types of ideas are eligible?

“Agribusiness” under the broadest possible definition– Farmers, planters, horticulturalists, livestock keepers

& outgrower scheme operators– Inputs manufacturers, distributors & suppliers– Traders, merchants– Agro-processors and value adders

Information services projects related to agriculture

Financial services projects related to agriculture

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Page 10: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

TZAW To Date

Three rounds of the competition completed with 37 businesses selected for funding

US$ 22.9 million in grants and interest free loans committed

US$ 57.3 million committed by awarded businesses as matching funds

Funded by DFID and the Swedish Embassy

Over 60,000 households reached in 2014

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Page 11: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

TZAW R1-3 Competitions

37

74

154

789

2,852

Business plans

Shortlisted for IC

Concept notes submitted

Registered companies

Awarded grants

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Page 12: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Agribusiness Projects in Tanzania

Tanga

Pwani

Lindi

MtwaraRuvuma

Iringa

MbeyaMorogoro

DodomaSingida

Arusha

Mara

Kagera

Shinyanga

Tabora

Rukwa

Kigoma ManyaraKilim

anjaro

= GW/AAW Projects (5)

= TZAW R1 Projects (10)

= TZAW R2 Projects (10)

Rungwe Avocado Co

Quality Food Products

Tanga Fresh

Export Trading

Africado

Greenbelt

Kilimo Markets

Tanfeeds

Kilombero Plantations

Sao Hill

Serengeti Fresh

MSK Nsagali

Mtanga Farms

Ruaha Farms

Darsh

Misenani

ChoboNgongoseke

Verbruggen

Uncle Milo

SmartMoney

Mwanza

MeatKingSeedCo

Sibesonke Ltd

Kagera Tea

AKM Glitters

Mruazi Heifer

Mgolole

Agriseed

Beth Equisolutions

Kokoa Kamili

Dorfra Trading

Rift Valley Tea

Soko Fresh

DSM Corridor Group

= TZAW R3 Projects (17)

Lima Limited

Equity for Tanzania

Olivado EPZ

Mount Meru Millers

Meru Agro

Out-Growers Ltd

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Page 13: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

TZAW R4!

Applications due by 15 December!!!

The competition is funded by the UK Department for International Development (DFID) – approx. $5.4m funds available (approx. 10 companies)

Companies may be from Tanzania or domiciled outside of Tanzania, but all projects must take place in Tanzania

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Page 14: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Application Process

Online application

The competition launches at Stage 1

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Page 15: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Eligibility Criteria

Applicants must be for profit company, partnership or sole trader

Project must be implemented in Tanzania

Applications must be for new and innovative business ideas

Request range from US$100,000 to US$1m and companies must match the funding requested in cash & kind (cash is preferable)

Project must have significant development impact in rural areas

Applicants must demonstrate that they would not go ahead without AECF funding or, if they would, that it would me at a much reduced pace or scale

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Page 16: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Selection Criteria for Stage 1

Criterion Weighting

Capacity of company 20%

Strength of business case 25%

Development impact 35%

Innovation 20%

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Page 17: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

How much can I apply for?

Applications can be for a mixture of grants and repayable loans

Minimum amount US$100,000 maximum amount US$1m

Remember:

You must at least match the amount requested

We are also looking for leverage – scores a better mark

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Page 18: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

How do I apply?

Go to www.aecfafrica.org and register using your email address

Download the guidance notes – essential for completing application form

Fill out the application in Microsoft Word – you must submit in Word.

Extra information (attachments, etc) will not be read

Submit the application to [email protected] by 15 December 2015

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Page 19: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Sections of Application

Brief Summary

Section A: Applicant Company Information

Section B: Project Information

Section C: Proposed Business Idea

Section D: Innovation

Section E: Additionality

Section F: Project Impacts

Section G: Risks & Assumptions

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Page 20: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Brief Summary

Complete at the end

Concisely summarize key points of idea and expected impact and outcomes

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Page 21: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section A: Applicant Company Information

Provide basic data about your company– Note: all contact will go to the person and contact

information listed on this form

Registration details, current business, past financial performance, financing

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Page 22: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section B: Project Information

Basic project details (title, location, etc.)

Funding information – both AECF and matching– AECF funding is US$ 100,000 – US$ 1,000,000– Matching funds must be equal to or greater than the

amount requested from AECF

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Page 23: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section C: Proposed Business Idea

Concise description of idea

Concise business case – include numbers!

Explain your market and your strategy for reaching it i.e., distribution, logistics, sales, etc.

Capacity of the team – be specific but do not paste CVs

List and justify how AECF funding will be used

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Page 24: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section D: Innovation

AECF defines “innovation” as a new product, service or business model being introduced in a country or to a target group where it has not been tried before

Make sure to substantiate your claims of innovation

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Page 25: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section E: Additionality

TZAW R4 will not consider projects which could and would be funded fully by other, more commercial, sources of funding

Answer the listed questions specifically

This section is not about why AECF should be interested in your project and should not repeat what you have said in other sections about the innovation, impact, etc.

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Page 26: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section F: Project Impacts

AECF monitors a set of standard quantitative and qualitative Key Performance Indicators (KPIs) for all TZAW projects

Provide figures on what you have achieved so far (i.e. the baseline numbers) and estimates of what your project is expected to achieve by the end of the 6 year AECF project period

Numbers should address only AECF project

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Page 27: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section F: Project Impacts – Financial Indicators

Turnover

EBITDA

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Page 28: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section F: Project Impacts – Development Indicators

Number of Households Reached– Direct beneficiaries – either your customers or

suppliers; not employees!

Net Benefit per Household– Calculation of cost benefit or cost savings compared

to situation if project did not go ahead

Number of Household with Reduced Risk to Extreme Weather Events– Only if appropriate to your business; do not try to fit

something into this if it does not make sense

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Page 29: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section F: Project Impacts – Employment Indicators

Total number of people employed (full-time)

Total number of people employed (part-time) as full-time equivalents

Percentage for women

Percentage for under 35

Wage bill

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Page 30: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section F: Project Impacts – Wider Impact

Impact on other businesses

Impact on laws, policies, regulations

Physical infrastructure

Sources of information

Reduction in other adverse business factors

Replication of your idea

Will anyone be “crowded out”?

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Page 31: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section F: Environmental Impact

Indicate whether or not an EIA is required

If required: explain the progress to date and plans for completion

If not: explain why not and include information on any clearances from the government that can confirm this

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Page 32: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

Section G: Risks & Assumptions

Business

Environmental

Health & Safety

Social

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Page 33: Tanzania Agribusiness Window (TZAW): Round 4. The Presentation Introduction to the AECF  Goal/Purpose of the AECF  Funders and Partners Finding the.

+254 20 269 9137/8/9

www.aecfafrica.org

[email protected]

www.facebook.com/AecfAfrica

www.twitter.com/AecfAfrica

CONTACT DETAILS


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