GRAFT is looking for mature AgriTech innovators that can solve Vietnam’s most pressing challenges in agriculture.
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What is
GRAFT?
GRAFT?
GRAFT is a landing pad program designed to help leading AgriTech entrepreneurs scale up in Vietnam.
GRAFT supports AgriTech change-makers to address real industry challenges in partnership with Vietnam’s agrifood leaders.
GRAFT provides entrepreneurs tailored support, not a generic accelerator curriculum.
In Partnership with:
The GRAFT Challenge Vietnam 2021 is seeking AgriTech solutions to help shape the future of agriculture in Vietnam
Your solution should solve one of three industry challenges.
Crops & Plantations
Fisheries & Aquaculture
Livestock
Crops & Plantations
Fisheries & Aquaculture
Livestock
Who Qualifies ?
Post revenue funded AgriTech companies and top accelerator graduates across the globe encouraged to apply.
Why Apply ?
• GRAFT is the first AgriTech landing pad program in a Vietnamese market hungry for transformative solutions.
• GRAFT connects AgriTech entrepreneurs to a deep network of corporate leaders and investors, providing them a fast track to scale up in Vietnam.
• GRAFT provides entrepreneurs 1-on-1 tailored support, not a generic accelerator curriculum, to scale up quickly in Vietnam, the Mekong Region, and beyond.
Program Timeline
13 April
14 May
June
July-Aug
Aug-Nov
Dec-Jan
Applications
Open
Open
Applications
Close
Close
Assessment
& Offers
& Offers
Scale-Up
Diagnostic
Diagnostic
Program
Delivery
Delivery
Curated
Roadshow
Roadshow
See pitch deck guidelines to help you prepare your application here.
Program Timeline
13 April
Applications
Open
Open
14 May
Applications
Close
Close
June
Assessment
& Offers
& Offers
July-Aug
Scale-Up
Diagnostic
Diagnostic
Aug-Nov
Program
Delivery
Delivery
Dec-Jan
Curated
Roadshow
Roadshow
Frequently Asked Questions
GRAFT is a landing pad program designed to help leading AgriTech entrepreneurs from around the world scale up into Vietnam, and beyond. GRAFT supports AgriTech change-makers to address real industry challenges in partnership with Vietnam’s agrifood leaders by providing entrepreneurs tailored one-to-one support. GRAFT is not your generic accelerator curriculum.
GRAFT picks up from where existing early stage AgriTech accelerators leave off to help start-ups take the next step. By pulling together a disparate network of commercial and technical advisory networks in Vietnam, this program helps established startups realise the opportunity in Vietnam and take big steps towards gaining a foothold in the region.
The agricultural industry in Vietnam is at an inflection point in 2020. While increasing pressures from climate, weather, and unsustainable production methods continue to present challenges to industry, Vietnam’s agrifood industry is strongly positioned to be the proving ground for agri innovation in the Mekong.
- Export powerhouse – top 5 globally in export of rice, coffee, cashew, shrimp, and catfish
- Emerging tech hub – 8-fold increase in tech start-up capital from 2016-19, to $860M in 2019
- Economic resilience – Nearly 7% p.a. GDP growth since 2015, and one of few markets avoiding recession in 2020
The next wave of innovation needs ecosystem support to scale into Vietnam.
The GRAFT Challenge Vietnam 2021 is an industry-led program – we are technology agnostic. This means that the solutions and technologies are directly shaped by the problems and challenges put forward by our industry working groups across crops and plantations, aquaculture and fisheries, and livestock.
Refer to the Vietnam Challenge 2021 link to see the list of challenges that Vietnam’s leading agrifood businesses are looking to solve. https://graftchallenge.com/vietnam-challenge-2021/
If you are a post revenue AgriTech company and/or have graduated from a top accelerator anywhere in the world with solutions relevant to Vietnam’s challenges, then you are encouraged to apply.
You can apply for GRAFT by clicking on the ‘APPLY NOW’ button on the home page. This will take you to the application form.
If you have any questions regarding the application, you can contact hello@graftchallenge.com
The GRAFT Challenge Vietnam 2021 program will start with individual scale-ups in July, and kick of the full cohort from late August, stretching through December. The Vietnam sector presents a huge opportunity for global AgriTech companies, but we also know that it requires preparation, patience and a structured approach.
A dedicated effort into Vietnam will mean hard work and late nights researching, emailing, debating, product refining, and so on. We expect that you will need to commit up to 3-5 hours of dedicated research time and meetings per week for the duration of the program to win in Vietnam. We will help you experience the power of focus and accountability, be pushed out of your comfort zone, connect with a powerful network of local leaders and leveraging their experience to scale into Vietnam and the greater Mekong region.
Our bespoke GRAFT landing pad program is oriented around 3 key modules. These include:
- Scale up diagnostic (virtual)
- Innovators need clear problem statements to target transformation journey from ‘start-up’ to ‘scale-up’
- Participants get a 360° assessment to isolate growth bottlenecks and prioritize areas of support
- Targeted land & launch program (virtual)
- AgriTech solutions need highly-tailored shepherding given long cycles, complicated regulation, and value chain-specific idiosyncrasies
- Participants get bespoke, contextualised growth services from Graft’s curated network
- Curated roadshow (in-person, if allowed; otherwise virtual)
- Scaling AgriTech requires purposeful corporate, investor, and institutional partnerships
- An intensive, highly-curated, and partnership-oriented 7-10 day roadshow will support entry and expansion in Vietnam’s agri industry and innovation ecosystem
We have a highly functional panel of judges looking out for the opportunity to find impactful and scalable solutions for Vietnam’s industry challenges. Our panel of judges will be looking for:
- a clear vision and path to positive impact on the Vietnam agriculture ecosystem and its stakeholders
- a market-ready solution that clearly addresses a challenge expressed by our industry partners, with a business model that makes sense
- a passionate and capable team, with strength articulated amongst leadership, operations, and investors
- clear intention to scale into Vietnam, and coherent perspective on how GRAFT can help
- a high-quality, complete application
Our program is valued at over USD$80,000 per participant. For the market roadshow, subsidised support from local service expert service providers will be arranged, however the company will need to cover its own flight and accommodation costs for the in-market Roadshow.
This participation fee and covering personal flights and accommodation is primarily intended as a show of commitment and ‘skin in the game’ to reserve their seat in this competitive program.
Beanstalk is a boutique and hyper focused group of innovation, strategy, and industry experts out to transform the food industry across the Asia-Pacific Region. We work at the frontier with leading agrifood businesses that believe in transitioning to a resilient business of the future. To do this, we help to bridge the gap between these leading agrifood businesses and cutting-edge sustainability solutions by engaging with leading tech startups from cross-industry, research organisations, entrepreneurs, investors and government. We close this gap through our leading open innovation programs, landing pads, and scaleup coaching.
The GRAFT platform brings together the best of local industry knowledge, expertise and networks to support scaleup entry into Vietnam’s vital agrifood sector. Beanstalk along with its local partners MBI Innovations, Vietnam Digital Agriculture Association (VIDA), and Vietnam’s National Centre for Supporting Youth Startups (SYS Vietnam) have purposefully come together to draw in the diverse skills, capabilities and experience needed to support AgriTech scaleups succeed at scale in Vietnam.
MBI Innovations – an impact-led agency focused on accelerating innovation growth and partnerships across Vietnam’s agriculture and food value chain. MBI Innovations team delivered the Mekong AgriTech Challenge (MATCh) in 2018.
VIDA – is a member based organisation supporting Vietnam’s leading agrifood companies to upgrade their technology infrastructure in order to develop digital farming networks, connect with and expand markets, identify tailored digital solutions for each cultivation model, and foster capability development for digital agriculture.
SYS Vietnam – is a centre focused on building the capabilities of the next generation of entrepreneurs by connecting them with a network of CEOs, experts. Investors, startup funds, and foreign businesses. Building the capability and capacity of rural youth startups is a key agenda of SYS Vietnam.