Deadline for applications: November 5, 2023 | Youth Adaptation Challenge Africa 2023 ($100 000)
| Title: | Youth Adaptation Challenge Africa 2023 ($100 000) |
| Organisation: | Africa Adaptation Acceleration Programme (AAAP) |
| Fund/Grant: | $100,000 |
| Deadline: | November 5th 2023 |
| Eligible countries: | All African Countries |
The Africa Adaptation Acceleration Programme (AAAP), a strategic partnership programme being implemented by the African Development Bank Group and the Global Centre on Adaptation (GCA), aims to raise $25 billion to scale up and expedite climate change adaptation efforts throughout Africa.
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YouthAdapt
- Empowering Youth for Entrepreneurship and Job Creation in Climate Adaptation and Resilience is one of the program’s four flagship initiatives. Through the Africa young Adaptation #YouthADAPT Challenge, AAAP is accelerating young innovations for climate change as part of the YouthADAPT programme.
- Only female-owned businesses focusing on innovations and Fourth Industrial Revolution (4IR) technologies for climate adaptation action in Africa and tackling gender inequality in their solutions are the focus of this cohort.
- Artificial intelligence, big data analytics, virtual reality, robotics, the Internet of Things, quantum computing, additive manufacturing, blockchain, and fifth-generation wireless are a few examples of 4IR technologies.
- These are the kinds of answers that ought to be put into practise in actual, on-the-ground climate problems in Africa. The Africa Climate Change Fund (ACCF), which is housed by the African Development Bank, is providing funding to support this call for submissions.
Eligibility
- Age: The business owner must be between the ages of 18 and 35.
- Ownership of founder – Either the founder must be an African citizen or actively participate in the business’ activities.
- Geographical location and corporate legal registration – The company must be legally registered in Africa.
- Profitability – The company must have made money over the previous two years.
- The company must show how its operations directly contribute to climate adaptation and resilience.
- Gender Only businesses with at least 51% female ownership are allowed to apply.
- Industry: Must utilise technologies from the fourth industrial revolution (4IR).
Benefits
Female applicants who are chosen stand to gain from:
- Grants for each business up to $100,000 to help them with their expansion ambitions.
- Participate in a one-year accelerator programme that will provide the chosen young entrepreneurs and their teams with specialised business development skills, mentoring, training, and resources to scale-up innovations in climate adaption and accelerate the creation of green jobs.
- expanding collaboration, knowledge exchange, and learning through a network of young African entrepreneurs.
- Services for custom business development to promote your environmental solutions and create green jobs.
Be a part of the YouthADAPT Alumni Network.
- The chosen female-owned, young-owned businesses will receive specialised business development skills, mentoring, training, and resources in order to scale up ideas in climate adaption and accelerate the creation of green jobs.
- This assistance will enable the businesses to strengthen their institutional capacities, put themselves in a position to use funding granted, raise additional private money, scale up grassroots climate adaption efforts, and generate employment opportunities across Africa. Additionally, they will have access to training sessions designed to provide them useful skills in business and mainstreaming climate adaptation.
- Through professional mentoring, further assistance will be given to these young entrepreneurs so they can carry out their plans for business expansion, generate employment, and aid Africa’s continental drive to build climate resilience.
For more information, visit the Youth Adaptation Solutions (YouthADAPT) Challenge 2023 website.
