Enter: AFD Digital Energy Challenge for Startups

Deadline: 30 April, 2022

The Agence Française de Développement (AFD) has announced a call for participation in the Digital Energy Challenge for Startups.

The challenge rewards startups working on innovative digital projects that aim to increase energy access and improve power grid performance in Africa.

Benefits

  • Financial support of up to €150,000
  • Attend a joint boot camp run by cross-sectorial experts, to support project implementation, provide sectorial insights, foster synergies between project winners and encourage best-practice sharing

Eligibility

  • Open to startup created less than ten years ago
  • Be in the pre-seed/early-stage financing phase
  • Have between one and 99 full-time employees
  • NGOs can apply under the startup category if the project meets one of the additional following criteria: project is set up as a branch of the NGO; project has a dedicated team and business plan, and clearly targets business sustainability/profitability (e.g., plans to spin off as an independent entity)
  • Startup’s project must be digital, innovative (either intrinsically or compared to the local market), and local (i.e., headquartered or with project management activities in the country of the project)

To enter and for more information, click here.

Photo source: AFD

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