In Central America, approximately 30% of jobs and more than 30% of GDP is dependent on agriculture. Yet there is currently a lack of leadership and support focused on agricultural entrepreneurship and innovation in the region.
This lack of resources has a substantial impact. Some of the most significant consequences include:
- Small producers are increasingly falling behind in productivity levels compared to larger local and international producers that have better access to the latest technology and larger markets.
- Central America is one of the regions in the world that is more susceptible to climate change; the use of agricultural technology is the best way to prepare for and mitigate the harm that these changes will continue to cause.
- The region needs innovative entrepreneurs to develop and scale commercially viable solutions to these challenges.
Pomona AgTech is the first program of its kind in the region, designed to engage with entrepreneurs who are at different stages in their ventures, providing support from the initial idea phase to scaling a tried and true business model. With a focus on a particular sector in a specific geographical area, we are creating a network with key people and knowledge which adds more value to the region and better magnifies the impact of our programs. These advantages include, among others:
- Pomona has developed a much deeper knowledge of the industry, which can be shared with different members of the communities and networks connected to our work.
- The opportunities for collaboration and synergy within the Pomona AgTech community are much greater.
- Our network of mentors, investors, and consultants have a multifaceted knowledge of the sector in which the businesses and entrepreneurs are working, allowing them to add more value in their support and collaborative efforts.