Apply for RAISEAfrica – Renewables Accelerators for Innovative Startups and Entrepreneurs in Africa

The Renewables Accelerators for creative companies and Entrepreneurs in Africa (RAISEAfrica) initiative, which aims to accelerate the growth of creative companies and entrepreneurs in Africa’s renewable energy industry, is proudly announced by the RES4Africa Foundation.

RES4Africa is dedicated to enabling young talent and visionaries to shape a sustainable future for the continent in partnership with Enel Green Power (EGP), Energias De Portugal (EDP), the Council for Scientific and Industrial Research (CSIR), and the South African Institute of Chartered Accounts Enterprise Development (SAICA ED).

Specifically designed for the African renewable energy sector, RAISEAfrica offers a wide range of programs, including pre-acceleration and acceleration programs. With the goal of supporting and amplifying projects centered on sustainable energy within the African startup ecosystem, this initiative offers young innovators a stage on which to present their concepts. The focus areas cover a broad spectrum of industries, including manufacturing, digitalization, the circular economy, water-energy-food nexus, productive uses of energy, and manufacturing.

While the Accelerator program focuses on entrepreneurs looking to expand their businesses and gain market validation, the Pre-Accelerator program is perfect for prospective business owners who are still in the early phases of creating their concepts. Young innovators who are inspired by their ongoing initiatives or past experiences are encouraged to submit their tangible and imaginative ideas. A minimum of three companies will be chosen by RAISEAfrica to receive rewards in the form of worthwhile services, such as coaching and mentorship, networking opportunities, increased visibility, assistance with fundraising, and numerous other activities.

Qualifications and Eligibility

In order to qualify for the pre-accelerator and accelerator programs, candidates need to fulfill certain requirements.

Pre-Accelerator

entrepreneurs between the ages of 18 and 35; unregistered startups are eligible to apply;
A solution that targets the market in Africa;
Ownership: The business must operate in the renewable energy industry and the entrepreneur must be citizens of an African nation; the startup must also be registered in Africa.

Accelerator:

• Entrepreneurs in the 18 to 35 age range; – African market-focused solutions;
  Ownership requirements include: – Ownership must be African citizens or the startup must be registered in Africa; – Product or service must be in the MVP stage or above; – Operation must be in the renewable energy industry.

APPLICATION

Candidates must provide the proper paperwork together with completed online application forms in English in order to apply. The initiative’s representatives comprise the Selection Committee.

A variety of criteria, including the candidates’ capacity for public speaking and communication, will be evaluated of the shortlisted candidates. Recall that the application deadline is February 29th, 2024. Since RAISEAfrica is committed to fostering gender parity among its participants, we heartily welcome women to apply.

If any questions reach out to [email protected]. Visit the program site for details. Here are the application forms:
1. Pre-Accelerator Form
2. Accelerator Form
3. Concept Note & Agenda