Agro-BIG News

AgroBIG awards grants of 12.8 million birr for development of potato, onion, rice and maize value chains in Fogera and Mecha woredas

In 2014, AgroBIG awarded grants to a total value of 13.5 million birr for 86 projects in the potato and onion value chains through three grant funds: Innovation, demonstration and research fund (IDRF), Value Chain Fund (VCF) and Matching Grant Fund (MGF).

In 2015, rice and maize value chain were included and AgroBIG invited additional applications for the three grant funds in the second call for proposals. Announcements were made in the local newsletter, through posters and by distributing promotional flyers. As a result, AgroBIG received a high number of 260 value chain development initiatives. After the initial review of all concept notes, the Mecha and Fogera Woreda Steering Committees approved 207 concepts for the preparation of full project proposals and business plans. Business Development Service providers recruited by ACSI with financial support of AgroBIG assisted the applicants to develop their business plans and full proposals.

After a thorough review of the full proposals by the Fogera and Mecha Woreda Technical Committees, the Woreda Steering Committees and AgroBIG decided to award grants to 81 applicants. The beneficiaries are 41 private cooperatives, 23 private entrepreneurs and 13 public institutions.

The awarded projects include research into improved crop varieties, demonstration of good agricultural practices for export production, support to modern farm level mechanization and machinery for processing of improved quality of rice. AgroBIG will finance 12.8 million Birr and the applicants also expected to contribute 7.8 million birr from their own source for a total investment of 20.5 million birr.