Funding Opportunities for Startups With a Vision for the Welfare of Indonesian Farmers

Welfare of farmers in Indonesia is something we are trying to promote Agro Market-Linkages SDG Fund. This fund is a funding initiative in Indonesia for startups whose mission is to connect farmers in Indonesia to domestic and international markets. The current issue in the agricultural chain is that there are many things that prevent farmers from getting optimal results, so it is hoped that the participation of innovation can improve the welfare of farmers' lives independently.

This activity was initiated by UNDP (United Nations Development Programme), ANGIN (Angel Investment Group in Indonesia), and Challenger 88 (founded by the founder and former director of LGT Venture Philanthropy and former chairman of IIX Investments in Southeast Asia), and supported by the Canadian government. The Agro Market Linkages-SDF Fund exists to address several issues that are often encountered by social drivers in the agricultural sector, including those related to funding, capacity building and market access gaps.

Agro Market-Linkages SDG Fund in providing assistance to innovators adopts an approach blended finance, namely combining public and private funding sources to be provided in the form of direct debt investments (direct loan) worth $25.000 to $500.000. Generally, the recipient conditions are those who have proven themselves capable of playing a role in connecting small farmers to larger players along the agricultural chain.

[Also read: List of Indonesian Startups in Agriculture, Fisheries, and Livestock]

Capacity building also become one of the concentrations of Agro Market-Linkages SDG Fund. The selected startups or innovators will be guided to achieve the SDGs (Sustainable Development Goals) and improve the economic situation of farmers in Indonesia. A total of 20 selected businesses will be involved in the sustainable development education process.

This program targets a variety of innovations in agriculture, such as solutions to provide farmers' needs (seeds, fertilizers, funding, to training), assisting the production process, aggregator, distributors or other innovations in the form of technology to improve the agricultural chain. Marketplace for agricultural products, platform through crowdfunding For farmers, agricultural applications are also several types of innovations that are allowed to follow this opportunity.

For more info and forms to join the Agro Market-Linkages SDG Fund, visit the official website HERE.

— Disclosure: DailySocial is a media partner for SDG Fund Agro Market-Linkages activities in Indonesia.