Press Release

    Food security priorities drive applicants for Olam Food Prize 2021

    Press release

    Africa dominates early entries 

    Submissions open until January 11, 2021


    The challenges of food security have been made more acute by COVID-19, and they've driven applications for Olam 's bi-annual prize in support of transformational development and delivery of agriculture solutions around the world. A majority of the early entrants have come from Africa-based scientists, academics, and entrepreneurs.

    Applications are welcomed from academic or research institutions, civil societies and the private sector, and can focus on any region, environment, crop or part of the agricultural supply chain. Click here for more details and to apply.

    The United Nations World Food program recently noted that seven million people have already died from hunger this year. Deaths related to the impacts of COVID-19 were a million more, and the pandemic could double hunger broadly worldwide.

    Based on past years' experience, Olam expects an even greater number of applications to arrive before submissions are due on January 11, 2021. Finalists will receive publicity support which can help in funding and other activities, and the winner will receive a US$75,000 grant.

    “The Olam Prize couldn’t be timelier,” explained Sunny Verghese. Olam's Co-Founder and Group CEO.

    “Unlike other research awards, it recognizes clear evidence of ideas that are already being tested or have the potential for rollout in the near-term, with the intention of funding and supporting impact on food availability, affordability, adequacy, and accessibility over the long-term."

    Prior winners have included a solution that helped give smallholder farmers a “best fit” model for what, where, and how to grow crops in food insecure areas, and the testing that proved viability of a heat tolerant wheat variety that is now being successfully cultivated for the first time.

    The Olam Prize for Innovation in Food Security is awarded in partnership with Agropolis Foundation, which brings together over 40 member institutions, public authorities, and civil society actors for dialogue and interaction on agriculture, food and environment research.

    About Olam International Limited

    Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 25,200 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5 million farmers.

    Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

    Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

    More information on Olam can be found at

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    Telephone: +65 63394100, Facsimile: +65 63399755.

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