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 next ideas competition starts on November 15
The aim of this competition is to accelerate the innovations needed to create new or improved clean energy access in sub-Saharan Africa, South Asia or Indo-Pacific regions. This will create a just and inclusive energy transition and extend the benefits of clean energy to all to meet sustainable development goals (SDGs) 7 ‘Affordable and clean energy’ and 13 ‘Climate action’.
The Beyond the Grid Fund for Africa (BGFA) will open a funding round in the Democratic Republic of the Congo (DRC) at the end of June 2022. At the BGFA Steering Committee meeting related to the DRC Country Programme, the Donor (Sweden), gave green light to the launch. This is BGFA’s fourth Call for Proposals (BGFA4) to incentivise clean off-grid energy solutions in Sub-Saharan Africa.
Through the CAP Financial Innovation Challenge, UNDP will crowdsource Innovative Financial Aggregation Structures and Models for small-scale, low-carbon energy assets in developing countries. Successful applicants will be awarded up to US$ 40,000 to develop the proposed innovations.
Our solution measures entrepreneurial potential through a series of tests that evaluate skills & behaviors correlated with entrepreneurial success. We conduct our evaluation and due diligence remotely then invest in successful applicants through a standardized revenue-sharing model.
We invest between 10,000 – 50,000 EUR to cover your early-stage funding need.
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.
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.
LAF3 is a $10m technology fund investing in Seed-to-Series A technology-enabled companies, that are building the rails for Africa’s digital infrastructure, and are poised to experience rapid growth backed by our strong local and regional support.
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.
Companies seeking results-based finance for mini-grid projects in Sierra Leone and Madagascar can apply for pre-qualification to the facility. Under this wave, the Universal Energy Facility will disburse USD 3 million in grant payments to deliver over 6,900 electricity connections based on a results-based incentive of USD 433 per electricity connection.
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.