Deadline: October 4th 2023 | Call For Proposals To Strengthen Adaptation Capacity Of Industry For A Green & Resilient Economy in South Africa
| Title: | Call For Proposals To Strengthen Adaptation Capacity Of Industry For A Green & Resilient Economy in South Africa |
| Organisation: | Technology Innovation Agency (TIA) |
| Fund/Benefit: | Hasten South Africa’s transition to a green economy, a decarbonized industry, and a thriving and inclusive job market |
| Deadline: | October 4th 2023 |
| Eligible countries: | All countries |
The Technology Innovation Agency (TIA) encourages regional innovators with cutting-edge Growth-Stage technological solutions for adapting to climate change with a focus on the overall agro-processing industry.
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The project’s overarching development goal is to hasten South Africa’s transition to a green economy, a decarbonized industry, and a thriving and inclusive job market. As a result, the industry will have a less environmental impact, be more climate resilient, and generate more green jobs. The project will remove the obstacles impeding the rapid adoption of policies and technologies for climate adaptation and give the business sector the means to take advantage of the chances to transition to a green economy.
With some group interventions, the support will be tailored to the particular requirements of each participating company. Participants will also get opportunity to showcase ideas to the market and gain access to investors.
The Accelerator will cover the following subjects, for example:
- Development of Organisations and Corporate Governance
- Innovation in Technology and Products
- Operations Administration
- Marketing Techniques to Increase Sales Management of Organisation and Processes for Distribution Channels
- Finance and funding for international expansion mergers, acquisitions, and exits
- With an emphasis on energy, water, and supply chain efficiency, the Advanced Accelerator strives to demonstrate the environmental and financial advantages of climate-resilient approaches by assisting innovators.
Categories
Major technological categories for the Accelerator should typically consist of and reduce GHG emissions and include:
- Value chains that are climate-proof, such as through managing water and energy resources effectively.
- Creating solutions to improve industrial resilience with a focus on the water-energy-food nexus.
- Local production, assembly, and maintenance services are offered for climate-focused technologies.
- Promotion of international norms, high-quality infrastructure, technology verification systems, systems for reducing climate risk (including monitoring and early warning systems), traceability, and openness in the field of climate resilience.
Notes
- Both internal and external developments will be taken into consideration.
- All citizens of South Africa are eligible to apply. Women, young people, those with disabilities, and black entrepreneurs from formerly underserved provinces will receive preference.
- Partnerships between South African and Flemish businesses are extensively promoted.
eligibility
- Participants should have a developed prototype of their idea or a minimal viable product (MVP).
- Startups or SMEs at various phases of development, including those in the early stages and those with a track record of success in the market, are eligible.
Evaluation Standards
- Technologies and Innovation
- Participants must have creative answers to agro and agricultural problems with an emphasis on the connection between food, water, and energy.
- The use of technology should be integrated into solutions that address problems and boost productivity in the agroprocessing industry.
- IoT, automation, precision farming, renewable energy, water management, waste reduction, and other technologies may be used.
Developmental Stage
- Participants should have a developed prototype of their idea or a minimal viable product (MVP).
- Startups or SMEs at various phases of development, including those in the early stages and those with a track record of success in the market, are eligible.
- Business viability: Participants must provide a solid business plan with a distinct value offer, a defined target market, and the capacity to generate profits.
- Business plans should show the potential for growth in the agro- and agricultural sectors, as well as sustainability and scalability.
Market Prospects
- A substantial market requirement or industrial difficulty in agroprocessing should be addressed by solutions.
- Participants must show evidence of market research, a potential clientele, and a strategy for entering and growing the industry.
Team and Knowledge
- Participants must to have a committed, capable team with pertinent knowledge of the agro and agricultural domains.
- The team should have the expertise required to create, market, and scale the suggested solution.
Continuity and Effect
- The food, water, and energy nexus should be positively impacted by solutions that prioritise sustainability and take into account environmental, social, and economic factors.
- Participants should describe how their approach might have a good social impact, save resources, and improve the environment.
Availability and dedication
- Participants must be dedicated to taking part in the competition and business accelerator programme actively.
- It is necessary to be available for mentoring, workshops, networking functions, and meetings with possible investors.
- Intellectual Property (IP): Participants should be in possession of the necessary rights to the intellectual property that is connected to their solution, or they should legally own it.
- Strategies for protecting intellectual property should be in place or being considered.
Availability of funds
- Participants should be able to show their financial viability and sustainability potential.
- There should be a plan for obtaining finance or investment, as well as clear revenue models and expense structures.
Possibility of Collaboration
- Participants should be open to opportunities for partnerships and collaboration with key participants in the ecosystem, investors, and other stakeholders.
- It is suggested for people to be open to exchanging knowledge and developing ecosystems.
For more information, visit TIA.
