Grow Asia’s conversations with the region’s CEOs have revealed they believe digital technologies - such as tools for finance, logistics and learning - are set to positively transform the way smallholders interact with agribusiness. In concert, these tools have the potential to bring greater efficiency to value chains by significantly lowering transaction costs, while improving farmers’ prosperity.
Across six complementary activities, Grow Asia brings together business leaders, development actors and policy makers to accelerate the adoption of digital tools.
This series provides trainings and insights on how digital solutions can be developed and scaled. In 2019, we organized six events covering themes such as digital credit scoring, traceability, drones, and application development. We plan to organize another four in 2020
Grow Asia Innovation Challenge
Grow Asia has run Hackathons in Singapore, Indonesia and Thailand. We invite entrepreneurs to build digital solutions to solve challenges in smallholder value chains. These events allow entrepreneurs to be exposed to specific smallholder digital challenge and to rapidly prototype a new solution. We provide tools such as data, mentors and access to farmers. Over 300 people on 70 teams have competed in a Grow Asia Hackathon to date.
A start-up Accelerator, developed in partnership with Yara and MUFG bank, to equip start-up founders to scale their smallholder digital solution by providing them with learning and mentoring opportunities. In 2019, we received over 100 submissions to the program, and 14 were shortlisted to join the selection boot camp in Singapore. Seven Seven startups were accepted into the first cohort of this eight-month
mentorship program with our corporate partners, which ended with a Demo Day. Today, our partners continue to pursue pilots with the startups from the program.
Grow Asia Digital Directory
A database of over 66 (and counting) agricultural digital solutions for smallholder value chains in ASEAN. Digital solutions cannot transform the sector if investors, agribusinesses and development actors are not aware of the available solutions. This directory fills that gap; providing not only information on solutions but also contact details so new partnerships can emerge.
Design (HCD) Training
Grow Asia invited startup founders and corporate leaders on a
three-day immersion in a rural location in Indonesia to meet with farmers and learn how adopting a HCD approach benefits value chains. The training provided participants with a toolkit to map smallholder challenges and build digital solutions that address actual needs in value chains.
We produce comprehensive reports and guides on digital themes for business leaders. Examples include a Digital Credit Scoring Guide, and a Driving AgriTech Adoption report that provides insights from Southeast
Asia’s farmers on how solution developers, corporates and the public sector can more effectively engage smallholders through digital tools.
We have also published five summaries of leading business models for digital solutions targeted at smallholder value chains. These include traceability, digital lending and smart farming.