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The case series surveys the formation and early development of ThriveAgric, a Nigerian-based startup facilitating the financing and effectiveness of smallholder farmers.
The A case discusses the “need” – i.e. the poverty of smallholder farmers in Nigeria caused by structural inefficiencies in the industry, lack of education and training, weak infrastructure and low investment; the motivation of the founders; and the formation of ThriveAgric and its early development
Learning objectives
- Understand how the problems facing agriculture in developing countries can create opportunities for entrepreneurs
- Identify the differences between necessity entrepreneurship and growth entrepreneurship
- Understand how entrepreneurs in developing-world contexts can secure sustainable growth
- Understand turnaround vs start-up as different types of entrepreneurial activity (role of founders vs the role of turnaround professionals) and the implications of moving from crowdfunding to institutional finance
- Explore growth options; in particular expansion through new services vs through new markets.
Details
| Publication Date: | September 2024 |
| LBS Case Code: | CS-24-013 |
| Topic: | Entrepreneurship |
| Subjects: | 17 Global Goals, Agritech, Entrepreneurship in Africa, Entrepreneurship in Agriculture, Entrepreneurship in Emerging Markets, Reducing Poverty in Rural Africa, Social entrepreneurship |
| Industry: | Agricultural |
| Geography: | Africa, Nigeria |
| Pages: | 3 |
| Format: |
