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Financing Source: RAISEAfrica

From energypedia

Last edited on 3/01/2024 by Sophia Schneider
(Date format: DD/MM/YYYY)

Key facts
RAISEAfrica is a comprehensive initiative that includes both pre-acceleration and acceleration programs, specifically designed for the renewable energy sector in Africa. The initiative is set to support and scale up renewable energy-focused projects within the African startup ecosystem by providing opportunities and a platform for young innovators to voice their ideas.
Type of financing
  • Other
Technology scope
  • SHS
  • Minigrid
  • Other
Target beneficiaries
Young entrepreneurs, Startups
Geographical scope
Africa
Application
Application window
URL
Further information
The Pre-Accelerator is designed for aspiring entrepreneurs in the early stages of developing a business idea, while the Accelerator targets entrepreneurs seeking market validation and business expansion. Young innovators are invited to submit their concrete and creative ideas, drawing from existing experiences or ongoing projects. RAISEAfrica will choose a minimum of three businesses to receive awards in the form of services, encompassing mentoring & coaching, networking, visibility, fundraising, and various other activities. Applicants must complete the online standard application forms, providing essential details and supporting documents in English. Applications will undergo an administrative check and evaluation by a Selection Committee composed of the initiative representatives. Shortlisted candidates will be evaluated on various criteria, including communication effectiveness and public speaking skills. The deadline for submitting applications is February 29th, 2024. RAISEAfrica is committed to promoting gender balance in participant selection, and women applicants are highly encouraged to apply.