The Greenovations Africa program, which provides access to mentoring and investment opportunities, is calling for applications from African firms with creative ideas that address current issues in any green sector.
By combining incubation and post-incubation, the Greenovations Africa programme equips participants with the sector-specific skills, entrepreneurial expertise, and resources necessary to increase the likelihood of success as their business concept or solution matures.
In order to help startups in the fields of “smart agriculture,” “renewable energy,” “waste management,” “water management,” and “climate action” get their innovations to market and scale, the program offers them individualized support, coaching, and seed grant financing.
The transition to a low-carbon economy is still underway in Africa, and the development of the green sector “has the potential to encourage entrepreneurship development and faster growth potential, particularly for youth- and women-led entrepreneurial ventures,” according to the organizers.
Using a blended approach that combines online capacity-building training with online courses to develop the hard skills and competencies needed to understand the chosen market segment and strengthen the development of innovative products and services, selected companies go through six months of incubation and three months of post-incubation.
Together with access to markets, investors with an interest in Africa, and funding prospects through UNFCCC investment mechanisms, they also gain mentoring support through one-on-one coaching conversations, specialized technical expert support, and business coaching from professionals in the ecosystem.
The deadline for applications is April 24.
Visit the website to apply or for additional information.
Read more on Tech Gist Africa:
AWIEF Opens Registration for the 2023 Africa Women Innovation and Entrepreneurship Forum Conference
The ShEquity accelerator program is now accepting applications for its fourth edition