Opportunities

Deadline

The Anzisha Prize is  excited to unearth more of Africa’s Hidden Job Creators. If you know of a young entrepreneur aged between 15-22 with an operational business, nominate them today. The entrepreneurs stand a chance to win prizes valued over $50 000 and business support to grow your business.

By applying to the Anzisha Prize you stand a chance to win a share of grand cash prizes valued over $50 000 and business support for your business.

The 2023 Edition of Sankalp Africa Awards is looking for social entrepreneurs who are #TransformingImpact, making a positive impact on society, gaining hands-on experience and creating innovative solutions with a global community.

The Fund’s mission is to promote the application of IEC International Standards and IEC Conformity
Assessment Systems by Small and medium-sized enterprises (SMEs) and positively impact the
capacity of IEC Members and Affiliates to sustainably address global environmental, social and
governance (ESG) challenges. This will allow the Fund to help drive the critical need for a coordinated
consensus-driven approach to electrification and avoid the fragmentation that will perpetuate barriers
to the green energy transition.

Suitable start-ups to be funded through develoPPP Ventures are being selected during an open ideas competition. This takes place twice a year and is open to all start-ups that meet the conditions for participation.

The aim of the Milken-Motsepe Prize in Green Energy is to reward innovators who expand access to reliable, affordable, and sustainable electricity in Africa. Energy access is a key driver for long-term economic growth and shared prosperity. The prize offers $2 million in prizes and additional benefits, including a $1 million grand prize for the winning team and $1 million in additional prize money. Participating teams will also receive access to networking, training, and other resources.

The first edition is focused on the African region, aiming to promote innovation and discover local solutions, with the over-arching objective of capacity building. The SolarX Grand Challenge will address a three-fold benefit for the African region:

  • Promotion of the solar energy sector
  • Thinning of the gap of the energy crisis in Africa
  • Promotion of a strong startup ecosystem in Africa

BRILHO’s objective is to improve and increase energy access for people and businesses, leverage the private sector’s innovation and investment capacity, resulting in market growth of clean cooking solutions; solar home systems; and mini-grids.

Open end

Do you have a mature product or business idea and/or a first prototype for the decentralised renewable energy sector in sub-Saharan Africa?

Startup|Energy’s main value add over is the strong focus on long-term support through continuous, high-quality coaching and building and maintaining a thriving sub-Saharan startup community that will support you over a long period of time.

 

We invest equity, convertible debt, and debt in early and growth-stage businesses that provide climate-smart solutions, and demonstrate sustainable competitive advantage, good management, and ethical business practices in agribusiness, commercial forestry, renewable energy, water, and waste management.
We seek to maximize inclusive impact through commercially sustainable SMEs.
For Early Stage Businesses, we provide US$ 50,000 – US$ 200,000 in debt, convertible debt, and /or equity, business growth support for max. 7 years tenure.
For Growth Stage Businesses, we provide US$ 100,000 – US$ 1 million in debt, convertible debt and /or equity, business growth support for max. 7 years tenure.

The SIMA Angaza Distributor Finance Fund (DFF) invests in distribution companies providing affordable access to life-changing products in emerging markets. The Fund’s data-driven approach allows it to reach traditionally overlooked last-mile distributors that specialize in reaching hard-to-serve consumers.

Please note that to be eligible for consideration for DFF, your organization must have at least 1,000 accounts on the Angaza platform or have a clear path to get there in 12 months.

The EnAccess Foundation is looking to fund innovations or solutions that enhance the impact of #energyaccess. Funding is available for #opensource projects that have the potential to create shared solutions for problems that are commonly faced across the energy access sector.

We welcome project proposals focussing on developing Open source softwares and hardware solutions to expedite energy access. Proposals can be submitted under 2 different categories- Innovation Pilot and Moonshot Concepts

Spark+ Africa Fund is a $70 million impact investment fund that invests in scalable, next-generation companies offering clean, modern distributed energy solutions for cooking to the mass market in sub-Saharan Africa.
It is a true “triple bottom line” impact fund, financing profitable and scalable companies tapping into a massive total addressable market for cooking energy solutions and enabling millions of African families to stay safe and healthy and save time and money.

The Energy Access Relief Fund (EARF) has been designed to provide up to 3.5-year tenure, subordinated,unsecured, and low-cost subsidized loans to companies companies that had viable business models prior to COVID and that are facing liquidity challenges due to COVID-19. The fund intends to focus on the smaller to mid- sized energy access companies that are addressing the needs of the bottom of the pyramid consumers and expects to make about 100-110 loans. While the fund will seek to be as inclusive as possible, its primary focus is expected to be on loans of less than $1M, within a range of $50K to $2.5M.

DEG provides funding of 500,000 to 749,000 EUR, which constitutes a maximum of 50% of the total investment volume. Private sponsors must contribute a substantial share of equity (at least 25% of total investment volume). DEG’s funds must be repaid in the event of success of the company (depending on pre-defined financial criteria such revenue or profit).

Innovations that have already been tested in a specific environment and / or on a limited scale but are not yet utilized by our target group. Limited funding for testing and verifying innovative ideas (proof-of-concept).

The Global Innovation Fund is supporting the development of innovative approaches to solving challenges for people living at the last mile in any sector in any developing country and any type of organisation may apply. This includes social enterprises, for-profit companies, non-profit organisations, government agencies, international organisations, and research institutions in any country.

SCAF provides financial support on a cost-sharing and co-financing basis via private equity funds, venture capital funds and project development companies through its three Support Lines. SCAF does not support individual projects on a one-off basis.

If you are an African founder of a tech enabled startup that is solving a significant African development challenge please apply here. If you have little or no revenues, we will refer you to our Angel Fund for $10k to $100k funding consideration. If you have meaningful revenues with high growth potential, we may invest $50k-$250k.

DIV supports groundbreaking ideas to transform lives and maximize USAID’s impact per dollar.

Innovative solutions come in many forms – whether a product, technology, service, or application of a creative business and delivery model. DIV is an open door to USAID – anyone, anywhere can apply at any time. USAID provide flexible, tiered grant funding to test new ideas, take strategic risks, build evidence of what works, and advance the best solutions. We look for solutions that demonstrate rigorous evidence of impact, cost-effectiveness, and a viable pathway to scale and sustainability.

OMDF or the Off-Grid Market Development Fund provides financing to companies and institutions involved in the distribution of solar products (pico-solar products and solar home system kits) with the mission of accelerating access to sustainable electricity in Madagascar.