Elevator Lab Partnership Program

ESG in Agriculture: Cross-Industry Partnership Program

hosted by

Raiffeisen Bank Romania   


This track is an integral part of Raiffeisen Bank International’s group-wide Elevator Lab Partnership Program – the largest corporate fintech program in CEE. Our program is offering later-stage fintech startups support in developing unique pilot projects. Get the chance to become a partner of Raiffeisen Bank International Group!

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ESG in Agriculture: Cross-Industry Elevator Lab Partnership Program is created to discover innovative technological solutions and is designed in partnership with an important Corporate client of Raiffeisen Romania from the agricultural segment – RodBun.

Your Benefits

Once selected to take part in this Partnership Program Track, as a fintech or an agritech company you will get the opportunity to work together with international leading banking mentors and experts in the field of agriculture on a proof-of-concept, in order to further develop your business solution. During the program, the jointly developed solution/product will be evaluated for a possible strategic long-term partnership with RBI Group. Find out more about the benefits:

Pilot project

To develop your product further we test it in the real-life banking environment (access to the RBI API Marketplace & real clients) in the course of a pilot project with the most promising startups or agritech companies.

Support of experienced mentors

Our mentors for this Program come from a wide range of business areas within RBI Group, as well as from the area of agriculture in Rodbun, and are top experts in their fields. They support startup and agritech expansion by sharing their expertise, giving strategic support and providing critical feedback. Additionally, external mentors are contributing with their specific know-how.

Dedicated PoC Fund

The pilot projects are funded by a dedicated Proof of Concept fund. In addition, we cover travel and accommodation (flight & hotel) for up to two people per fintech

All the benefits

Elevator Lab is a great opportunity for both us and the participants. We look forward to seeing the ideas and progress of the participants at a time when agriculture is playing a crucial role in improving the environment.

Daniel Muntean, CEO of Rodbun

We support green initiatives and want to actively contribute to organic farming, to support small and large farmers in Romania to develop their businesses in a sustainable way – with the help of technology. We are glad to be able to demonstrate the strength of the partnership we have with our clients. This year we have chosen to collaborate with a partner with experience in the field of agriculture, with whom we want to identify and test solutions in a Proof of Concept, in order to innovate for the benefit of our common customers – Romanian farmers.

Cristian Sporis, Vice President of Corporations at Raiffeisen Bank Romania

What we are looking for

The program is open to startups with proven innovative products and technologies. Your solution/technology must be active in one of the following areas:

ESG in Agriculture

  • Innovative ways/ solutions to develop more resilient crops to tackle increasing climate change matters (considering the new EU Regulations related to subsidies)
  • Blockchain, IOT, ML solutions/ tools for self-audit of the CO2 profiling and automated issuing of the Green Certificates (GC) and transforming GC into subsidies
  • Technologies that experiment with "end-of-life“ solutions/ alternatives for exploiting, transforming, or reducing farm waste
  • Knowledge-sharing platforms for farmers with Data Collection features on ESG impact (CO2 footprint) to acquire and encourage customers to apply/ use nonconventional direct marketing approaches and Beyond Banking co-services.

ESG in Agriculture: Cross-Industry Partnership Program

Applications are open until December 15th, 2021 - CET 23:59

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Timeline

Before starting to work on your PoC with our experts, an internal selection process aims to identify the startups with the biggest potential. Selected startups –  identified in the course of the local Finalist Ceremony – will work on a proof-of concept with banking experts in Romania alongside agricultural experts from our corporate partner Rodbun, which will be presented at the international Demo Day taking place in September 2022.  After a successful completion of the program, startups have the chance to be evaluated for a possible strategic long-term partnership with RBI Group. 

Application phase

November 22nd – December 15th, 2021

Remote video pitches

January 20th – January 21st, 2022

  • Pitches of the semi finalist startups via Teams call
  • Selection of the finalist startups
Finalist days

February 22nd – 24th, 2022

  • Mentors get to know the startups and their technology
  • 1:1 mentor – startup sessions focusing on PoC building
  • Finalists pitches
  • Final selection of winner startup
  • Finalist ceremony
  • Onboarding of the winner
Acceleration phase

March 2022 – August 2022

  • Get to know the PoC host and RBI Group
  • PoC development and progress evaluation
  • 1:1 mentor – startup sessions focusing on PoC validation, building & execution
  • More information coming soon!
Demo Day

September 2022

  • Official presentation of the PoC projects in front of international guests
Finalist Day
Demo Day
Demo Day

Elevator Lab Jury

Acts as the highest selection committee during the overall program and in the course of the Finalist Day the finalists will be rated by the jury consisting of Board Members and Managers from Raiffeisen Bank Romania, Raiffeisen Bank International and Rodbun.

Raiffeisen Bank Romania

5,224MN


Assets

2MN


Customers

5,000


Employees

300


Outlets


Rodbun

150,000


Tons of cereal trade

10,000


Hectares

100


Trucks

70


Agricultural shops

Want to apply for another Track?


Elevator Lab Partnership Program consists of several tracks: Each track has a different timeline and searches for fintechs in different areas and is hosted by different Raiffeisen banks within our CEE network. Check out all our Tracks!

Partnership Program Tracks

Any questions?


If you have any questions about the fintech Partnership Program, are considering to apply or wondering if this is the right program for you – please have a look at our FAQs first:

FAQ Partnership Program