USAIFA International Limited, an agricultural start-up company has emerged the winner of the Nigerian National Start-up Pitch Competition held at the Abuja Enterprise Agency (AEA) in Abuja.
By this feat, USAIFA International Limited will represent Nigeria at the Annual Investment Meeting (AIM) and National Champions Pitch Competition in Dubai from March 24-25, .
The company will compete with other start-ups and the eventual winner will be rewarded with $50,000, while gaining invaluable international exposure needed for rapid growth.
Founded in 2014, USAIFA farms is set up with a mission to produce healthy and antibiotic free poultry meat, delivered to the doorstep of customers.
USAIFA International Limited operates a simple but unique model of ensuring that all of its farm produce are grown organically (which is a healthy alternative to those grown using hormones and other “chemicals” that may have negative impact on both consumers and the environment). To achieve this, they make use natural antibiotic sources like Garlic, Ginger and other related herbs that contain natural antioxidants in combating pathogen and disease incursion on the farm. This system has helped to reduce cost of production while maintaining healthy flock.
Speaking at the event, the Managing Director of AEA, Mr. Arabi Muhammad Tukur said that the current Federal Capital Territory administration was totally committed to providing an enabling environment for Nigerian entrepreneurs to thrive.
He noted that the competition, which was organised by the AEA in collaboration with Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) and AIM had 11 start-up finalists after a rigorous process involving over 600 start-up applicants.
“Our collaboration with critical partners such as SMEDAN and AIM is borne out of the FCT administration’s vision of providing an enabling environment particularly for youths to become leaders in the entrepreneurial world and provide solutions to the various challenges we face as a nation.
The competition, which focuses on five categories namely growth, social impact, best use of innovation, climate and environmental impact as well as privacy and data protection, will spur SMEs in Nigeria to align their activities to meet with global best practices.”