Entrepreneurship, Innovation and Startups News Hub

Applications Open For $100k Nigeria Off-Grid Energy Challenge 2020

Reading Time: < 1 minute

Off-Grid Energy Challenge

Applications have opened for the Nigeria Off-Grid Energy Challenge 2020 worth $100,000. The Nigeria Off-Grid Energy Challenge is powered by the US African Development Foundation (USADF) and All On.

The Rockefeller Foundation is also providing funding support for the 2020 Nigeria Off-Grid Energy Challenge.

Now in the third year of the partnership, the parties will jointly provide funding to 100% African owned and operated small and medium enterprises that improve energy access through off-grid energy solutions spanning solar, wind, hydro, biomass and gas technologies.

The enterprises may be developers of their own technology and/or acquiring and implementing technologies developed elsewhere.

To benefit, applicants need to be legally registered in Nigeria, demonstrate the capacity to track and manage project resources and operate in good standing with the local governments in their areas of operation.

Up to $50,000 per selected company will be provided in the form of convertible debt along with up to $50,000 of grant capital.

Sixteen Nigerian companies have been selected through the 2018 and 2019 editions.
The winners of the 2019 Nigeria Off-Grid Energy Challenge were ICE Commercial Power, Sosai Renewables, Greenage Tech, Pirano Energy, Sholep Energy, Entric Power Systems, ACOB Lighting, NexGenEnergy and Protergia Nigeria.

In the first edition of the Challenge in 2018, the recipients were PradoPower Ltd, Darway Coast, Auxano, Eastwind, Alyx, Creeds Energy and iKabin.

Application closes on February 29th, 2020. Click here for more details and to apply.

READ  Pitch Ethiopia:¬†Lions@frica & Gebeya Partner to Showcase Ethiopian Startups

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.