Greenovations Africa Program for Green Business Owners 2023

Deadline: the 24th of April 2023. | Greenovations Africa Program for Green Business Owners 2023

For the Greenovations Africa Program 2023, applications are now being accepted. The program offers specifically tailored assistance, mentoring, and seed grant financing to help you commercialize and scale your product.

Promotion of the green sector within the ongoing framework of Africa’s transition to a low-carbon economy has the potential to encourage the development of entrepreneurship and faster growth potential, particularly for youth- and women-led entrepreneurial projects. We can create jobs and improve the economic well-being of the continent by diversifying the portfolio of bankable, concept-proofed, and investor-ready green company concepts. The resulting increase in employment prospects strengthens the continent’s potential for GDP development over the next 30 years, which is currently estimated at $500 billion annually.

Title:	Greenovations Africa Program for Green Business Owners 2023
Nationality:	All Africans
Amount:	
Deadline:	June 24, 2023
	
WhatsApp Link:	Click Here
Telegram Link:	Click Here

The Greenovations Africa program combines incubation and post-incubation training and gives participants the sector-specific expertise, entrepreneurial know-how, and resources they need to increase their chances of success as their business concept or solution matures. In return, they assist you in developing your idea into a workable product that is prepared to demonstrate its significant growth potential.

Programme at a glance

• 6-month incubation and 3-month post-incubation programs using a blended approach to develop the hard skills and competencies required to comprehend the chosen sector/market segment and strengthen the development of innovative products and/or services;
• Access to resources like as physical space for co-working, laboratories, etc. to support the development of the prototypes and MVP through integration in regional tech hubs/Fab labs from the AfriLabs community/network across the continent;
• mentoring help with individualized coaching sessions, committed technical expert assistance, and business coaching from industry professionals;
• Having access to markets, investors with an interest in investing in Africa, and financial possibilities through the UNFCCC’s investment channels;
• Open to innovators across the continent, exposure to international institutions and forums supporting the implementation of green/climate solutions.

Benefits

• Technical expertise in the selected green sectors
  • Cutting edge technical knowledge and skills to implement innovative solutions in climate action, renewable energy, smart agriculture, water management, and waste management sectors to drive the economic development of the continent.
  • Latest entrepreneurship concepts and tools for the development of successful businesses and start-ups on the continent.
• Dedicated mentorship and access to network of Entrepreneurship Support Organizations (ESOs)
  • One to one mentoring with successful entrepreneurs and internationally renowned experts from across the continent and beyond to accompany selected participants in their business solution maturation journey:
    • Technical expert support in the selected sectors;
    • Live and interactive business advisory and coaching sessions; 
  • Network of partners in the entrepreneurship ecosystem in Africa and beyond;
  • Cooperation with local Entrepreneurship Support Organization (ESOs) on the continent for dedicated physical support including the development of the Minimum Viable Product (MVP).
• Integration into local hub with state-of-the-Art facilities
  • Incubation space with dedicated services to support participants in the maturation of their start-ups/business solutions;
  • Access to a co-working space and facilities of AfriLabs hub members for the maturation of your solution;
  • Online learning environment with dedicated digital tools to strengthen your knowledge in selected sectors, and entrepreneurial skills;
  • Connection with local actors from the start-up scene;
  • Access to business information database and other resources from the tech hubs space.
• Exposure to international institutions and forums supporting the implementation of green /climate solutions
  • Exposure to regional forum of UNFCCC such as the Africa Climate Week, the Conference of Parties;
  • Exposure to regional forum of the African Union and United Nations Economic Commission for Africa (UNECA) such as the SDG Conference;
  • Exposure to regional, Pan-African and institutions supporting the implementation of green solutions (African Development Bank, African Union Development Agency AUDA–NEPAD, UNFCCC, United Nations Convention to Combat Desertification (UNCCD), United Nations Environment Programme (UNEP), UNECA, etc.).
• Seed funding
  • The thirty (30) successful applicants to the program will receive seed grant funding of 3,300 Euros to bring their projects to fruition and market ready;
  • Exposure to Africa-focused investors;
  • Connection to funding scheme and mechanism of UNFCCC.

Eligibility

• Be a young African citizen under 35 years of age with a passport from one of the African Union’s member nations.
• occupy a residence in one or more nations on the African continent.
• Have a green business that is innovative and in its early stages.
• Know how to use computers, the internet, and other digital tools.
• to speak English well.

Selection Standards

• Innovative commercial strategy with significant potential for impact in the designated green sector
• Real-world viability of the good or service
• Product or service’s potential for commercial success
• Potential for the creative business solution to grow

Application

Apply here by clicking

Visit Greenovations for additional details.

Title:	Greenovations Africa Program for Green Business Owners 2023
Nationality:	All Africans
Amount:	
Deadline:	June 24, 2023
	
WhatsApp Link:	Click Here
Telegram Link:	Click Here