HSBC Mauritius contributes MUR 500k tothe AgrireneursHub ofFarmcity, intended to support local start ups on their upskilling journey towards green and organic farming.
The sponsorship covers theincubators, 15 in total, put at the dispoal of potential agripreneurs at Farm City’s Learning lab, in Bois Rouge and the ensuing tailored mentorship program.
Additionally, Agrirpreneurs will benefit from Farmcity’s welll established social media presence on Facebook, LinkedIn and Instagram to profile and market their innovative ideas and products.
As explained by the founders and owners of Farmcity, theselearning labsaregame changers for aspiring organic farmers who cantest bed their ideas on a small scale but ina collaborative space, with like-minded agripreneurs.
Bonnie Qiu, HSBC Mauritius CEO, along with Dean Lam, Managing Director at HSBC visited the AgripreneursHub on Friday 4 Novemberto learn more about three pioneer projects already set up in Bois Rouge.
These are: TiKaro, manned by Brando Quirrinand offering eco-friendly and self-watering planters, next is Fish & Veggies Ltd by Mr Lindley Tannerbringing aquaponics and aquafarming products to the market andfinally, Oyas of Mauritius, by Barthelemy Aupee, which proposes irrigationsolutions forhome gardens.
Commenting on HSBC’s long term vision about green and sustainable financing, Bonnie explained how Agripreneurs hub ties in with HSBC Group net zero ambition.
“ HSBC is very proud to be associated with the Agripreneurs Hubenvisioned by Farmcity to promote organic farming andgreater food securityamong the local community. Across the world, eating habits and consumer lifestyles are changing drastically as a result of theCovid19 pandemic. Sales for organic products have soared by the increased consumer focus on wellness and sustainability, notesthe latest Mc Kinseyreport on organic farming. Consumers are increasingly demanding tracability for the food products they use, they want to k now the conditions in which these are cultivated and produced. At HSBC, we are work ingwith investors, governments, NGOs and all relevant stakeholders to support long-term investment in environmentally sustainable projects, as we strongly believe that collaboration is tthe best way to protect the planet.Our goal is to help develop businessand investment models for enterprises that restore, manage and protect nature. In doing so, we aim to unlock next-generation solutions to accelerate the transition to net zero planet by 2030.”