Deadline: 4-Mar-23
The Kenya Climate Innovation Center, which is the implementing partner, is placing a call for applications to the GreenBiz Incubator and Accelerator programme to support climate smart businesses under the programme.
The Ministry of Foreign Affairs of Denmark (DANIDA) and Kenya Climate Innovation Center (KCIC) have partnered to implement The GreenBiz Programme for the next five years, from January 2021 to December 2025. The programme will support 300 climate technologies and related innovative business models to create over 3000 full time job opportunities. The expected outcome will be increased commercialisation and scale up of climate related companies, which create decent jobs, increased access to low carbon energy sources, increased community and household resilience to climate change as well as other environmental and social benefits.
Sectors
KCIC is engaged in five sectors: water; renewable energy and energy efficiency (RE & EE); agriculture; commercial forestry and waste management. By focusing on these sectors,KCIC (and its clients) will directly and indirectly contribute to the achievement of SDG 1 (no poverty); SDG 2 (no hunger); SDG 6 (clean water and sanitation), SDG 7 (affordable and clean energy), and SDG 13 (climate action). Others are SDG 15 (life on land); SDG 8 (decent work and economic growth) and SDG 12 (responsible consumption and production).
Thematic Areas
The company should be within the below mentioned thematic areas:
- Agribusiness.
- Water management.
- Renewable energy and energy efficiency.
- Waste Management
- Commercial forestry
Types of Programs
- GreenBiz Incubation Programme: This is a 12-month programme targeting start-ups and early-stage businesses that have at least developed a prototype. The businesses receive intensive practical training and business coaching to enable them prove their concepts in the market and progress towards commercialization. Clients who successfully complete this program can apply for the KCIC GreenBiz Accelerator Programme.
- GreenBiz Accelerator Programme
- This is a 9-month programme in which clients are provided with highly individualized services aimed at:
- Setting the clients on a rapid business growth path
- Preparing clients to be investor ready as well as raising investments.
- This is a 9-month programme in which clients are provided with highly individualized services aimed at:
Funding Information
The support to KCIC (and KCV) under this engagement totals DKK 54,750,00, approximately Kes. 1 billion with a focus on climate technologies and related innovative business models. The programme will support 300 businesses to create over 3,000 full time job opportunities.
Eligibility Criteria
- The applicant should be registered under the laws of Kenya.
- Limited Liability company
- Sole Proprietorship but willing to register the business as limited company within the first 3 months once a business is selected
Location: The business must be located and legally registered in Kenya.
Criteria
The following criteria and scoring system will be used for the evaluation of the eligible applications for this call.
- Scalability – does the business model that shows clear and compelling mission to grow a sustainable and commercially viable business
- Climate Impact – The extent to which the business/product/technology has impact on climate mitigation OR climate adaptation OR environmental benefits.
- Job Creation – The potential of the business/product/technology towards job creation.
- Progress to date – has the applicant taken key steps to move the idea forward?
- Innovation – is the business innovative in the way it addresses an identified problem in the market / has a unique business model?
- Profitability – What is the business’s ability to produce a return on an investment based on its resources in comparison with an alternative investment?
- Entrepreneur commitment – What is the entrepreneur’s commitment in terms of time and resources which informs the business’s purpose and helps it succeed?
For more information, visit Ministry of Foreign Affairs of Denmark.