AgResults: building inclusive market systems through private sector prize competitions
BEAM Grab the Mic webinar
Date: Monday 11 March 2019
Speakers:
Aviva Kutnick, Private Sector Engagement Division Chief, Bureau for Food Security, USAID (AgResults Donor)
Rachel Lambert, Senior Livelihoods Advisor, DFID, Agriculture Research Team (AgResults Donor)
Parasto Hamed, Field Coordination Consultant, AgResults Secretariat
The AgResults initiative
How can we understand the AgResults prize competition model as a driver for private sector-led inclusive market systems development?
This webinar looked at how the model can strengthen market systems to sustainably improve the lives of smallholder farmers.
It reflected on AgResults’ efforts over the last five years and provided key takeaways for development practitioners interested in learning how proper design and implementation of prize competitions can set the stage for systemic transformation in a variety of markets and settings.
AgResults has shown how prize competitions can and should be considered a regular component of any market systems development practitioner’s toolkit. Lessons have shown the importance of understanding root causes of market failures, recognising contextual complexities, and encouraging sustainable ‘crowding in’ of actors through monetary prizes.
About the presentations
Aviva Kutnick from USAID provided an overview of the prize competition model and highlighted how it aligns with MSD principles.
Parasto Hamed from the AgResults Secretariat explored two examples of prize competitions in Nigeria and Uganda. She showed how each was, or was not, successful in leading to systemic market change.
Rachel Lambert focused on the importance of conducting rigorous evaluation to measure results and impact, both in the overall market and with respect to smallholder farmer livelihoods.
Watch the webinar
About AgResults
Funded by USAID (US), DFID (UK), DFAT (Australia), GAC (Canada) and the Bill and Melinda Gates Foundation, AgResults has designed and implemented six prize competitions focusing on spurring fundamental change in market relationships between the private sector and smallholder farmers.