Supporting SUN Pitch Competition participants
Coaching entrepreneurs to become investment-ready
Bopinc is the overall business mentor for the Global Sun Pitch Competition. In this role, we provide finalists to the Competition with (group) training and individual coaching, to strengthen their overall nutrition business models and to get the entrepreneurs ready to pitch towards investors.
Partners
GAIN
Sun Business Network
Expertise
Product and service design
Business model innovation
Sectors
Food and agriculture
Markets
Nigeria
Kenya
Bangladesh
Ethiopia
Myanmar
Others
Timeline
2019 to 2020
21 finalists supported with training
The Scaling Up Nutrition (SUN) Pitch Competition, organised by the SUN Business Network, harnesses innovative solutions for improved nutrition by connecting Small and Medium Enterprises (SMEs) in emerging markets with technical assistance and investment opportunities.
Nutrition is key to development, and key to food & agriculture businesses. An investment of $1 in nutrition can have a return of up to $16. The key is to work with companies to uncover that business case and develop nutritious food products that are affordable and accessible to low income consumers. Bopinc is the SUN Pitch Competition’s chosen partner to conduct 8 weeks of intensive online training for the 21 finalists who will compete in the Global SUN Pitch Competition. In addition, each finalist is assigned a mentor from the Bopinc team to provide individual support based on their needs.
The 2020 SUN pitch competition winner is Baby Grubz from Nigeria, The company produces nutritious complementary foods for infants. Baby Grubz not only won the $ 20,000 prize money, but will also benefit from a Bopinc mentorship package, focusing on digitalization of business operations and marketing.
Impact
Supported innovative food entrepreneurs to get investor-ready
21 Entrepreneurs supported
With training and a mentor leading up to the finals of the pitch competition
Facilitated pitch competition final online
With 300 participants attending
In-depth innovation support
Supported Baby Grubz to implement further digitalization of consumer outreach and other key marketing processes
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Timeline
Project milestones
Discover
Supported the SBN team in setting up the call for proposals and making a selection of 21 finalists out of a total of 1000+ applicants
Define
Organized a detailed in-take and needs assessment with the finalists, and based on this created a detailed online training package
Develop
Implementing the training and mentoring to develop 21 solid business plans with the individual companies
Deliver
Support the 21 companies to deliver a strong 3 minute pitch in the finals of the competition, and to present their investment documents to impact investors
