Got a cutting-edge business in agritech? You may be eligible for OCP Group’s $50 million agritech fund. Visit its website today to learn about its start-up financing and development partnership with Bidra Innovation Ventures and the Mohammed VI Polytechnic University.
What’s an idea without funding? And what’s funding without an ecosystem for development? These are the major questions in the start-up space today - and Morrocan conglomerate, OCP Group, just put up major funds to answer them!
If you’re an entrepreneur who has a kick-ass idea with no way to get it off the ground or scale-up, then OCP Group has a surprise for you this year.
Slated for April 2022, the company’s five-year fund will provide funding, training, and development support for agritech projects that facilitate access to effective crop inputs, efficient digital services, and stronger market linkages.
The fund adds to OCP Group’s multi-tiered approach to achieving sustainable agriculture across the globe, which cuts across the areas of scientific research, education, financing, policy influencing, and more.
The fund will be managed by San Francisco-based Bidra Innovation Ventures, with backing from OCP Group and the Mohammed VI Polytechnic University (UM6P).
Find more details here https://www.ocpgroup.ma
UM6P is one of Morrocco’s premier educational institutions focusing on building leaders through technical and practical learning approaches to research, human sciences, cutting-edge innovation, and enterprise development. As part of the components of the new fund with Bidra Innovation Ventures, UM6P’s resources will provide support to qualifying company founders and project leaders.
The fund will emphasize engaging with promising start-ups that have scalable business models and immense long-term prospects in the agricultural technology space. It will also provide a nurturing environment for growth that will foster a more advanced ecosystem.
According to the terms of the partnership, Bidra Innovation Ventures will oversee the fund’s management, including initiation, operations, and investment decisions.
About the Company
Based in Casablanca, Morocco, with a firm presence in Africa, the Middle East, Europe, the Americas, and Asia, the OCP Group is a global leader in phosphate fertilizer development and production. The company’s dedication to sustainable agriculture in Africa and around the world is reflected in its operational strategies and social projects implemented globally, including Bidra Innovation Ventures’ $50 million agritech fund.
OCP Group is committed to building a sustainable future for the world through agriculture. If you believe in this dream and are trying to build innovative solutions to make it happen, you should get ready to apply to its fund today! Visit their website via the link provided above to learn about their exciting programs.
Want to learn more about UM6P? Go to https://um6p.ma
