Deadline: 30 August 2016
The CTI Private Financing Advisory Network (CTI PFAN) is currently accepting proposals from Project developers in West African countries for its 3rd Edition of the West African Forum for Clean Energy Financing (WAFCEF3) Business Plan Competition.
The WAFCEF3 Business plan competition seeks to nurture entrepreneurs, start-up and existing companies, project teams and consortia with environmentally beneficial business proposals with the aim of linking them with investment and finance and seeing through the implementation of these projects.
Focus Projects (But not limited)
- Biomass
- Energy Products from Forestry
- Biogas
- Clean Transport
- Bio-fuels
- Tidal/Ocean
- Solar
- Energy Storage & Conservation
- Wind
- Energy Efficiency and Demand Reduction
- Waste to Energy
- Emissions Reduction, Hydropower
Funding Information
Business opportunities that require total (initial) capital in excess of US$500,000 (or any currency equivalent) will be considered.
Eligibility Criteria
- The call is open to projects located in any West African country but priority will be given to projects from Liberia, Sierra Leone, Gambia, Burkina Faso and Niger.
- Equal consideration will be given to all projects that are presented during a later call for proposal (WAFCEF-3) regardless of project location as long as it is resident in any one of the West African countries.
- This second call is planned to be launched in September 2016.
Acceptable Proposals (But not limited)
Proposals eligible for the Competition, may include, but are not limited to:
- Greenfield Projects
- New Business Ventures & Start-Ups. Pilot Projects will only be eligible to the extent that they include a credible plan for growth and / or replication;
- Brownfield projects – scale-up, growth, expansion, replication or conversion of existing businesses or projects;
- Downstream Projects: deployment of an existing clean technology;
- Upstream technology development: development and commercialization of a new clean technology;
- Merger, acquisition or joint venture which will add value to an existing / current
- Clean energy/technology business.
How to Apply
Applicants must submit a Project Proposal via electronically through the given website.
Eligible Countries: Benin, Burkina Faso, the island of Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, the island of Saint Helena, Senegal, Sierra Leone, Sao Tome and Principe and Togo.
For more information, please visit Call for Proposals.
