Business Plan Competition Resources
Frequently Asked Questions
SATCP identified 15 districts of Malawi that are along the Nacala and Beira Corridors. These include: Mchinji, Lilongwe, Dedza, Ntcheu, Balaka, Machinga, Mangochi, Zomba, Mulanje, Thyolo, Chiradzulu, Phalombe, Blantyre, Mwanza, Neno.
The value chains include tobacco, sugar, coffee, tea, cotton, ground nuts, macadamia nuts, cashew nuts, kidney beans, pigeon peas, chick peas, cow peas, soya peas, sunflower, cotton, ground nuts, mangoes and vegetables, maize seeds, berries, eye bird chillies and vanilla, spices.
The SATCP Business Plan Competition is a grant program within the SATCP designed to foster innovation, entrepreneurship, and regional integration in Malawi. Open to micro and small enterprises, the competition aims to identify and support high-potential businesses with the potential to create jobs and drive economic growth. The Business Plan Competition will award the winners with a grant amount of up to $25,000 for each firm. The financing provided under this component will support equipment, training, and irrigation/warehousing systems. The grants will include technical assistance to producers to ensure a level playing field with lead firms during implementation of subprojects. The project and the firm will share the total investment value through 70:30 percent contribution. The 70:30 percent contribution is considered a risk-sharing solution. The Department of Industry in the Ministry of Trade and Industry (MoIT) administers the programme.
The ready markets are in Mozambique and Zambia.
The products with greatest export potential from Malawi to Southern Africa are: Oilcake of soya-bean oil, black tea (Pickings greater than 3kg) and Soya beans. Malawi has the highest supply capacity in legumes (graded & shelled). Cross border traders are not limited to the regional market – they export their goods to other countries in the region such as Zimbabwe, Zambia, Mozambique, Tanzania, Botswana, South Africa and Kenya. Major goods imported into Malawi by cross border traders include fertilizers, second hand clothes, zipline (wraps), electronics, automobile spare parts, cooking oil, flour, laundry soap, dairy products, fish, alcoholic and non-alcoholic.