The Danish International Development Agency (DANIDA) and the Kenya Climate Innovation Center (KCIC) are collaborating to execute the GreenBiz Program, which is scheduled to run from 2021 to 2025. Through the support of 300 climate innovations and associated cutting-edge business models, over 3000 full-time job opportunities are being created.improved access to low-carbon energy sources, enhanced community and household resilience to climate change, improved commercialization and scaling up of climate-related businesses that provide good employment, and other environmental and social advantages are among the anticipated results.
This is a call for applications to all eligible businesses to join the GreenBiz Incubator or Accelerator programme for tailored support including business advisory, mentorship, technical assistance, capacity building, and financing. The GreenBiz Programme will address key challenges that hinder climate technologies and related innovative business models from tapping into the immense potential in the cleantech sector.
This call for applications will onboard 60 climate technologies and enterprises that fall under KCIC’s five thematic areas of renewable energies and energy efficiency, water, agribusiness, commercial forestry and waste management.
Benefits:
- Kenya Climate Innovation Center will support successful applicants with various types of financial support once they meet the financing criteria for the GreenBiz programme.
- Direct financial support will be based on the assessment of actual needs on a case-by-case basis and after three months of being onboarded into the programme.
- Kenya Climate Innovation Center will support successful applicants with various types of financial support once they meet the financing criteria for the GreenBiz programme.
- Direct financial support will be based on the assessment of actual needs on a case-by-case basis and after three months of being onboarded into the programme.
Eligibility:
Applicants can apply to join either the incubation or the acceleration Programme:
1. GreenBiz Incubation Programme
This is a 12-month program targeting start-ups and early-stage businesses that have at least developed a prototype. The businesses receive intensive practical training and business coaching to enable them prove their concepts in the market and progress towards commercialization. Clients who successfully complete this program can apply for the KCIC GreenBiz Accelerator Programme.
Incubation programme eligibility metrics
- A legal entity operating and registered in Kenya. If a business is either a Sole proprietorship/Partnership/Self Help Group/Community Based Organization, it should be willing to register as a limited company within the first 3 months in the programme.
- Business is within KCIC’s five thematic areas (renewable energy and energy efficiency, Water management, Agribusiness, Commercial forestry and Waste management)
- Have an innovative product, service or business model.
- Be in the early stages of business development (have a prototype with less than 2 years since business inception).
- Demonstrate a climate change angle: the business must contribute to mitigation or adaptation to climate change, and/or have a positive impact on the natural environment, including biodiversity. This should contribute to social, economic and environmental resilience to climate related disruption and disaster.
- Revenues should be between 0 to Kes 2,000,000 in the last 1 year
- Team of 2+ full time/part time employees
2.GreenBiz Accelerator Programme
This is a 12-month program in which clients are provided with highly individualized services aimed at setting the clients on a rapid business growth path, and preparing clients to be investor ready as well as raising investments.
Accelerator Eligibility metrics
- A legal entity operating and registered in Kenya. If a business is either a Sole proprietorship/Partnership/Self Help Group/Community Based Organization, it should be willing to register as a limited company within the first 3 months in the programme.
- The company is within KCIC’s five thematic areas (renewable energy and energy efficiency, Water management, Agribusiness, Commercial forestry and Waste management)
- Have an Innovative product, service or business model
- A proven business model and a well-defined financial model
- Post-revenue stage (Over kes 2,000,000 in the last 1 year)
- Looking to raise capital
- Team of 4+ full time/part time employees
- Demonstrate a climate angle: the business must contribute to mitigation or adaptation to climate change, and/or have a positive impact on the natural environment, including biodiversity. This should contribute to social, economic and environmental resilience to climate related disruption and disaster.
