Deadline: 22-Jun-21
The Beyond the Grid Fund for Africa (BGFA) has launched its third call for proposals (BGFA3) inviting interested off-grid energy service providers (ESPs) to compete for funding and scale up innovative sustainable businesses and thereby accelerate access to affordable and clean off-grid energy for customers in peri-urban and rural areas of Uganda.
BGFA aims to bridge a critical gap between early-stage support, traditionally offered by challenge funds and (impact) equity, and concessional/commercial debt needed for transitioning to scale in SSA. The BGFA approach can provide direct results-based financing to ESPs to unlock early structural challenges in the market, build business and investor confidence and proactively mobilize various types of downstream investment and debt financing.
Funding Information
- Funding Lot 10: Up to EUR 8.3 million
- Indicative Contract Size (€M): €2.0M – €3.0M
- Expected Contracts: 2 – 3
Eligible Project Country
Projects should be implemented in Uganda.
Eligibility Criteria
- For-profit companies
- Applicants (i.e. single ESP companies applying for BGFA3 funding) or Lead Applicants (i.e. ESP companies, applying for funding on behalf of a Project Consortium) should be for-profit companies.
- Applicants/Lead Applicants should be legally incorporated and included in the register of for-profit companies in the Project Country or commit to being incorporated and registered as such before signing a possible contract.
- Applicants/Lead Applicants should be in compliance with all tax, regulatory and legal frameworks in both their home country and the Project Country (if different).
- Applicants/Lead Applicants are allowed to include non-profit entities, public institutions, community-based organizations or other non-commercial entities to take part in the project implementation as a Significant Sub-Contractor, a Project Partner or a Consortium Member.
- Applicants/Lead Applicants are kindly reminded that no governmental entity, public agency, or donor may function as a Consortium Member, a Project Partner or a Significant Sub-Contractor.
- Persons
- Individual persons or groups of persons (who are not legally incorporated and registered as a company in the Project Country) are not eligible for BGFA3 funding.
- Project Consortium
- Project Consortium refers to a group of companies or organisations that have formed or agree to form a consortium for the purposes of applying for BGFA3 funding and implementing the proposed project.
- To be eligible for BGFA funding, a Project Consortium must be represented by a Lead Applicant. The Lead Applicant is required to assume full responsibility for the application and project implementation. The Lead Applicant should also act as Nefco’s only direct counterparty (in a possible contract and as regards reporting, etc.).
- To qualify, the Lead Applicant should be able to demonstrate that it and the Project Consortium possess sufficient management capacity. The Project Consortium may include different Consortium Members, including nonprofit entities. All Consortium Members should be either legally registered as a company or as an organization in their home country and be in compliance with all tax, regulatory and legal frameworks in their home country.
For more information, visit https://beyondthegrid.africa/funding-rounds/bgfa3-funding-lot-10-up-to-eur-8-3-million/