This call is aimed at contributing to innovation and entrepreneurship in Sub-Saharan Africa on food security, blue economy, climate adaptation, marine litter, renewable energy and clean cooking solutions, and aquaculture. It is targeted towards experienced incubators, accelerators and SME funds in Africa and towards financial institutions that can contribute to the scaling up of promising innovations.
“We are particularly looking for experienced players within the incubation and acceleration field. They should have a strong track record of bringing new innovations to a successful launch and scaling. A significant contribution of private funding is a requirement”, says Norad’s director for Climate, Energy and Environment Stig Traavik.
Applicants can be players that are already present in Africa or experienced players with plans to establish themselves on the continent. The purpose is to stimulate to more innovations which can be scaled in Africa within critical SDG themes. Additionally, the call is open for financial institutions applying for first-loss facilities that can enable the scaling phase of promising innovations in the target areas of the call.
The call is competitive, and all applicants must demonstrate proof of previous track record and plans for mobilizing private funding into the target areas for the call. The call is open for initiatives in Sub Saharan Africa, and particular priority is given to projects targeting Kenya, Tanzania, Mozambique, Ghana, and Malawi.
The full call for proposals is published in the Grants Portal: Innovation and Entrepreneurship on climate and environment – Insights (mfa.no)
Questions:
Please read through the call for proposals and FAQs closely. If you have a question that has not yet been answered, please submit it to Norad’s Section for Ocean: oceans@norad.no.
Deadline for applications:
Applications must be submitted electronically and in English through the Grants Portal and will not be accepted later than 14 June 2023, 13:00 CET.
