K10M up for grabs in Phuka pitch night

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One young agriculture entrepreneur stands a chance of winning K10 million as a booster capital if they impress a panel of three judges during a Standard Bank-facilitated Phuka Pitch Night underway at BICC in Lilongwe.

The ultimate winner will be drawn from a group of five shortlisted agriculturally-linkeĀ­d SMEs who have completed a six-week business incubation program now in its second year.

The Phuka Incubation program is a partnership between Standard Bank Plc and Lilongwe-based Synergy Labs.

The current cohort is in partnership with the Agriculture Transformation Centre (ATC).

Phuka or growth starter is the first business incubation program of its kind in Malawi.

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