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April 14, 2024

2024 Application: FAO Set to Award $10, 000 Cash Prize for Agri-food Systems Innovation,  Sustainable Production Practices

The Food and Agriculture Organization (FAO) under the United Nations has called for submissions from innovative individuals and institutions in the agriculture value chain for its Award for Innovation. 

AgroNigeria gathered that the awardees will receive a cash prize of $10,000 along with a scroll that lists out the recipient’s achievements and/or the nature of the award. 

According to FAO, the award is for those involved in agri-food systems innovation, digital agriculture, biotechnological advancements, sustainable production practices like agroecology, novel business models, and other related fields. 

It aims to improve effectiveness, competitiveness, resilience to shocks, or environmental sustainability, while contributing to food security and nutrition, economic growth, or the sustainable management of natural resources.  

This Agricultural innovation involves the introduction of new or improved products, processes, or organizational methods into practice for the first time in a particular setting. 

Awards, FAO explained, will be presented to entities that have made groundbreaking contributions in fields within the FAO’s mandate, extending to a diverse range of recipients including members, institutions, individuals, international/regional organizations, academic or research entities, civil society organizations, and private sector entities. 

The innovations may encompass technological, institutional, social, policy, and financial categories.

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