How long will the call for applications be open?
Startups may apply until April 12 2022.
How many startups will participate in Innovatech?
Only 12 startups will have the opportunity to access the program. We expect the selection process to be extremely competitive, so each applicant startup must propose a plan to demonstrate that its products and/or services have the potential to solve the needs of rural areas in the program countries.
How will startups be selected for the program?
The selection of startups will be carried out by a committee made up of sector experts and representatives from IFAD and German Sparkassenstiftung. The finalist startups will be evaluated through a due diligence process and, in a second stage, through a pitch round.