BiTec has conducted the Regional Pitch for the GIZ-Ethiopia Agribusiness Idea Competition (ABIC2024) program
[August 19, 2024 Bahir Dar, ISC/BiT]
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In collaboration with GIZ-Ethiopia's R&D Group, Bahir Dar University organized a four-month Agro-Business Idea Competition Program (ABIC2024). The program aimed to equip innovative students with essential entrepreneurial and venture design skills.
ABIC2024 comprised a comprehensive initiative encompassing Training of Trainers (TOT), an Entrepreneurship Bootcamp, Business Incubation support, and regional and national competitions, fostering innovation and entrepreneurial skills among university students. Beyond Bahir Dar University, Hawassa, Adama Science and Technology, and Dilla Universities also participated in this entrepreneurship and agriventure design incubation program.
Ninety students from Bahir Dar University initially underwent entrepreneurship and venture design bootcamp training in May 2024. Subsequently, six innovative business ideas were selected for incubation at BiTec. Over the ensuing three months, these ideas were incubated within Seifu BiT Makerspace, benefiting from technical and equipment support, mentorship, and business development training.
The culminating event was the regional Agribusiness Idea Competition Pitch, where participants presented innovative agricultural ideas to a panel of judges comprising successful agribusiness entrepreneurs and academic experts. The competition emphasized innovation, feasibility, impact, and scalability. The two selected top-performing teams will advance to the national competition which will be held in the GiZ-Ethiopia office in Addis Ababa in late August.
Dr. Muluken Zegeye, Deputy Scientific Director of Bahir Dar Institute of Technology, presented certificates and equipment support prizes to the innovators. He commended BiTec's efforts, acknowledged GIZ-Ethiopia and R&D group’s support, and encouraged continued collaboration to foster business acceleration and networking among the stakeholders.
 
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