A fast-rising agriculture crowd-investing startup, EZ-Farming, has ranked among the top 100 finalists in a small business competition organised by FedEx, one of America’s top companies.
This comes a few months after winning the first prize in a pitch for African startups in Washington DC, the United States.
The start-up, with offices in Nigeria and the United States of America (USA), is one of the few to make the mark in a competition in which over 13,000 startups across the world took part in and over 1.3 million votes cast on social media to pick the best startups to receive funding from FedEx.
EZ-Farming recorded the feat less than three months after clinching the first prize of $5000 and the peoples’ choice award at the 2019 Georgetown African Business Conference New Venture Competition, hosted by the Young African Professionals in Washington DC, at Georgetown University’s McDonough School of Business.
Founder, EZ-Farming, Adewale Oparinde, in a statement, said the team and investors are elated with the feat and that it would push them to continue to deliver returns for the benefit of its key stakeholders.
“We are indeed glad we made it to the top 100,” Oparinde noted. “Over 13,000 startups across the world competed in the competition and it was a delight that we recorded such an impressive feat in few months of operation.”
He noted that the startup will continue to innovate its platform to deliver on its value proposition, assuring investors that the growing list of recognition is an acknowledgement of the firm’s commitment to excellence and creativity.
“We appreciate our fans for supporting us to reach this great milestone and for supporting our vision to achieve double impact of empowering both youth and farmers through intergenerational exchange of expertise to create more commercial farms from small holdings,” he added.
EZ-Farming is a fast-growing agritech startup with a commitment to pulling investment from Africa and its Diaspora to drive commercial farming in Africa and empower youths through the intergenerational transfer of agribusiness best practices.
In full operation in less than a year, the startup has raised almost $1million in investment and plans and has expanded from its Nigeria base to the United States and other African countries, including Sierra Leone.