A LACK OF MARKET KNOWLEDGE.
Small and medium agri-food sector enterprises often do not realize their growth potential due to a limited understanding of how to best position themselves in formal markets characterized by higher levels of competition and sophistication
A LACK OF APPROPRIATE FINANCING PRODUCTS.
Lenders often perceive small and medium agri-food sector enterprises as high-risk investments. This leads to short payment terms, high interest rates, and high collateral requirements, which are challenging for these agric enterprises to meet. As a result, small and medium agric enterprises mostly rely on self-financing or microcredit, and they are unable to scale.
A LACK OF APPROPRIATE TECHNOLOGY AND TESTING FACILITIES.
Small and medium enterprises often find it difficult to access technology, which impedes product and process innovation, as well as government certification.
A LACK OF APPROPRIATE BUSINESS SERVICES.
Small and medium enterprises often lack exposure to skills required for operational and financial reporting, market analysis and business plan preparation, making it difficult for them to navigate regulatory requirements and generate meaningful data for decision making.
A LACK OF ACCESS TO NETWORKS.
Most agribusinesses lacks connections throughout the value chain of agricultural producers such as AgriFood producers, regional and global buyers, such as grocery stores. Many small and medium enterprises have difficulty fostering these connections.
Enable farmers/agribusiness owners develop ideas and gather relevant information about building sustainable agribusiness enterprises. Sensitize farmers/agribusiness owners on cross-cutting issues and technology application for optimization.
Determine current skills and knowledge that farmers/agribusiness owners possess, to establish the gap, and suggest possible ways of acquiring such skills and knowledge to close the gaps. Create pool of qualified farm managers. Sensitize farmers/agribusiness owners on profitability and risk analysis regarding agribusiness enterprises.
Assist farmers/agribusiness owners learn how to scan internal and external business environmental factors, also a business models to connect entrepreneurs with stakeholders along the supply chain, including farmers, industries, processors, producers suppliers, and financiers.
AEDP is a development program owned by Elkanis and Partners implemented under a 3 tier partnership framework between Faculty of Agriculture, University of Uyo, Directorates for Agricultural Investment and The New Fork, Netherlands.
El-kanis and Partners is a Nigerian-based company that develop agricultural intelligence platforms which addresses crop and food specific issues for profitability, increase efficiency and sustainability of agribusinesses.
Faculty of Agriculture, University of Uyo; is one of the top institution in Nigeria that strongly advocate for agricultural development through continued innovation and improvement. University of Uyo is a Federal Government of Nigeria owned non-profit public higher education institution, officially accredited and recognised by the National Universities Commissions, Nigeria. University of Uyo offers courses and programmes leading to officially recognised higher education degrees in several areas of study. Also a member of Association of African Universities (AAU) and ranked as one of the best universities in Nigeria.
The Fork is a Netherland-based company that is on the frontier of technology in Agriculture. The Fork offers technology in agriculture (AgTech) courses in Amsterdam, AgTech in-house trainings and assists companies in the AgriFood industry implementing technology.