Deadline: 26-Nov-22
Funded by the Irish Department for Foreign Affairs and Trade ('Irish Aid'), the A&R ClimAccelerator is seeking applications of solutions that address the impacts of climate change and strengthen the resilience of communities.
The A&R ClimAccelerator will support 16 teams from across the African continent with solutions that address physical climate risks or increase the resilience of communities. Selected startups will receive tailored business coaching, professional financial guidance, support in defining the potential climate impact of their solution, and preparation for future investment opportunities.
Startups may be providing solutions against climate risks such as: extreme temperatures (heat waves), extreme precipitation, drought, unpredictable rainfall, cyclones, hurricanes, typhoons or storms, floods, sea level rise, among others. Startups that are not focused on these specific areas will not be accepted.
Benefits
- Mentoring support
- Start-ups will receive individual support to refine their business strategy, solve challenges, and identify opportunities for sustainable growth.
- Access to financing
- Startups will receive a performance-based grant of €2,500 to support streamlining operations, increasing efficiency, and creating businesses with a positive climate impact.
- Business development services
- To address all aspects of the business, from incorporation, management structure, governance structures, personnel, operations, business plan development and implementation, market plan development and implementation, financial management, and accountability.
- Climate change integration
- Coaching and training in climate risk assessment and opportunity identification. In addition, startups will be supported in integrating sustainability (environmental and social), as well as adapting to climate change and mitigation approaches into their operations.
Eligibility criteria
- The company must be incorporated in an African country.
- It must be incorporated for 5 years or less.
- For-profit entity.
- Adaptation and resilience solution.
For more information, visit https://climaccelerator.lezgo.io/formulaires/call-to-application-climate-kic-adaptation-and-resilience-ar-climaccelerator-in-africa/presentation
