USADF and ALL ON Nigeria Off-Grid Energy Challange 2022 – Get 100,000 USD, Grant
USADF in collaboration with All On hub invites interested and eligible startups and off-grid energy companies to signup for the 2022 Off-Grid Energy Challange. Successful participants in the challenge will receive funding in the form of convertible debt and grant capital. See the requirements and eligibility criteria below and start your application now.
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About the Challenge
The Nigeria Off-Grid Energy Challenge is a joint effort by the U.S. African Development Foundation (USADF) and All On to provide angel stage funding for Nigerian businesses that are developing, scaling up, or extending the use of proven technologies for off-grid energy to reach communities not served by existing power grids. Through the annual Challenge, each of the selected enterprises receives up to $50,000 in convertible debt and $50,000 in grant capital. Apart from the funding, the beneficiaries will also receive technical assistance from USADF and governance support from the All On Hub. Support for the 2022 Challenge has also been provided by the Rockefeller Foundation.
Eligibility Criteria
- To be considered for the Challenge, your business must be 100% African-owned, majority Nigerian-owned and -managed private companies registered in Nigeria and must be operating in Nigeria.
- Market Potential: The business concept that has existing instances of deployment and/or has been deployed successfully in multiple areas; as well as an identified customer base
- Climate/Social Impact: Differentiated solution providing greater access and productive uses as well as notable climate impact benefit
Innovation or Technology Potential: Product type is innovative and differentiated from exiting products - Qualified Management Team: Experienced team with complementary or supplementary skill sets and/or experience to successfully develop concept; gender diversity
How to Apply for USADF and ALL ON Nigeria Off-Grid Energy Challange 2022
Interested and eligible firms/ organizations who meet the above criteria are to submit their application form by downloading the application template and providing all backing documents stated on the official application portal here. More information can be found here.
Deadline
The deadline to submit the application is 18th March 2022.
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