Cambodia: SAAMBAT Digital Accelerator Cohort 2

This 6-month free business acceleration program helps new businesses and innovations in the agricultural sector to strengthen and expand their business, understand customers and Accelerate their overall business to stability through technology-focused curriculum.

The winning team between 3 and 5 teams will have a chance to receive a grant of a total of $ 200,000, which will be divided among all groups and based on the type of solution.

What does the program offer?

• Bootcamp, Pitch day, Financial Support, Masterclasses, Field Visit, 1-1 Mentoring, Demo Day, Post Program.

Who is it for?

• The SAAMBAT Digital Agriculture Accelerator welcomes startups, corporates, NGOs, associations, or autonomous government agencies (excluding Government administrative departments) passionate about improving the lives of smallholder farmers and rural unemployed/underemployed youth by using technology to modernise and improve efficiency in agricultural value chains: agriculture, production, distribution/retail, learning/sharing, and more.
• The second cohort is open to non-digital agribusinesses aiming to incorporate technology into their operations. Likewise, established tech companies are invited to join, especially if they can utilise the Khmer Agriculture Suite platform’s API to access agricultural data relevant to their end-users, like delivery companies and accounting software providers.
• 2 types of digital innovation initiatives are eligible for the program:
  • New innovative product or service: A project in which a new value proposition is developed and launched. This may include startups or innovation arms of corporates or Non-Governmental Organizations (NGOs), or autonomous government agencies, which are at the ideation or conceptualization stage.
  • Expansion into a new market(s): A project which launches an existing product or service into the new market(s). The project must focus on further development of the proof-of-concept solution or scaling proven solutions and approaches.

Eligibility Criteria

• Are based in Cambodia
• Have at least 1 team member with qualifications and experience either in digital technology or in the development of the rural economy;
• Propose to develop a digital application/platform linked to Khmer Agriculture Suite (KAS) that can be used for an economic purpose in rural Cambodia (applications for purely social or recreational purposes are not eligible)
• Demonstrate that there is no equivalent digital application/platform with the same functionalities already available for use in rural Cambodia
• Demonstrate how the application/platform can become self-financing and sustainable
• Must co-finance in cash and in-kind of at least 25% of the grant amount requested
• Have an adequate financial management system to report to Impact Hub Phnom Penh.

For more information, visit Impact Hub Phnom Penh.