Review on H-FARM by Olugbenga Ajayi
H-farm is diversified in its selection of start-up
H-farm is an accelerator/incubator company based in Europe. It was established in 2005 and is a company that is unique in the methodology adopted in mentoring start-up entrepreneurs. It combines business with education and offers 4 month long, physical training to its sits startup during which all of them will be exposed to rigorous business education.
H-farm accelerator is open to idea from different sectors that is why it has categories like:
- Travels and leisure accelerator
- Wellness Accelerator
- Marco Polo Accelerator
- Food Accelerator
- Internet of things Accelerator.
The company is diversified and gives all equal opportunity to grow. It has 14 team members which is good for good decision making. It also has partnership with wotld class companies who either invest directly in Hfarm or invest in the startups.
However the required 8-10% equity can be unattainable for some.
Pros
- Application to the program is direct
- All training and mentorship take place physically in their campus
- H-farm has been around for years now and has maintained a consistent track record of success in the business
- It multi sector directed. It invests in sectors like computing, agriculture, health and many more
- Funds accessible come directly from Hfarm and its investors
Cons
- It requires 8-10% equity which is a bit huge and can be unattainable for some startups Which means that despite their great idea, the opportunity to grow will elude them
