RE: Greenovations Project – Call for Applications
Are you a business with an innovative solution in Africa that tackles existing challenges in one of the following green sectors:
- Smart agriculture
- Renewable energy
- Waste management
- Water management
- Climate action
Apply to the program to receive tailor-made support, mentorship, as well as a seed grant funding to bring your innovation to market and scale.
Advancement of the green sector within an ongoing context of transition to a low-carbon economy in Africa has the potential to foster entrepreneurship development and faster growth potential, particularly for youth-and women-led entrepreneurial initiatives.
By expanding the portfolio of bankable, concept-proofed green business models that are both market- and investor-ready, we can create job opportunities and contribute to the continent’s economic welfare. The ensuing creation of job opportunities bolsters the continent’s GDP growth potential, currently valued at $500 billion/year over the next 30 years.
With this in mind, the Greenovations Africa program combines incubation and post-incubation programs, providing participants with sector-specific skills, entrepreneurial knowledge, and the resources needed to boost their chances of success through the maturation process of their business concept or solution. In turn, we help you turn your concept into a viable and market-ready product ready to showcase its high growth potential.
The Greenovations consortium brings together strategic stakeholders of the ecosystem for innovation and entrepreneurship in the green sector in Africa: AfriLabs, VC4A, the United Nations University, the Regional Collaboration Centres of the Secretariat of the United Nations Framework Convention on Climate Change, and the Pan African University institute for Water and Energy sciences including. Climate change (PAUWES) of the African Union.
Also for your convenience, here is a summary of the applicant profile in consideration:
· Be a young African aged below 35 old, holding a passport of one of the member countries of the African Union.*
· Be based in one or more countries on the African continent.
· Have an innovative green business in an early stage of development. **
· Be digitally literate (use the internet, computer, etc.).
· Be fluent in English.
· Have an innovation in the following sector:
o Smart agriculture
o Renewable energy
o Waste management
o Water management
o Climate action.
* Young African women are particularly encouraged to apply.
** The stage of your product must be any of these or ahead of the below:
· Product development and prototyping
· Testing and validation
· Go-to-market strategy.
Please click here to access the program page and apply: https://vc4a.com/greenovations-africa/greenovations-africa-2023/
FOLLOW US ON OUR CHANNELS
*** ALSO CHECK: 12 CHALLENGES FACED BY SOLAR COMPANIES IN DEVELOPING COUNTRIES