I&P launches the new I&P Acceleration FARM program, in partnership with Proparco
Submitted by admin on Tue, 03/18/2025 - 15:03Investisseurs & Partenaires is pleased to announce the launch of I&P Accélération FARM, a program in partnership with Proparco to support agricultural start-ups and small and medium-sized enterprises.
Support for agricultural SMEs
Deployed over a five-year period, I&P Accélération FARM is a financing and support program that will give around thirty small businesses and start-ups access to the financing and skills they need to accelerate their development.
The program will be deployed in 6 French-speaking countries in West, Central and East Africa: Senegal, Guinea, Côte d'Ivoire, Cameroon, Uganda and Kenya, with a particular focus on entrepreneurship in rural areas.
It has 2 complementary components:
- Financial support through seed funding (between €10,000 and €100,000 per company) in the form of a repayable advance over a 36-month period, enabling companies to develop, innovate and contribute to food security on the continent.
- Technical support through internal technical assistance missions by the consortium teams in charge of implementing the program, and external support on specific issues (accounting, marketing, legal, technological, adaptation to climate change, etc.).
A committed consortium with strong local roots
A number of players are involved in implementing the program, which was initiated by Investisseurs & Partenaires. This initiative is financed by Proparco to the tune of €4 million and is part of the Mission for Food and Agricultural Resilience (FARM), an initiative launched in 2022 by the President of the French Republic, in conjunction with the European Union, the G7 and the African Union, to respond to the food crisis in the most vulnerable countries. The Ministry of Europe and Foreign Affairs and the Treasury Department are also supporting the initiative.
The program will also be deployed locally by I&P's sponsored and partner management companies, which manage capital investment funds dedicated to high-potential local small and medium-sized enterprises: Teranga Capital in Senegal, Gola Capital in Guinea, Fako Capital in Cameroon, Inua Capital in Uganda and Comoé Capital in Côte d'Ivoire.