SADC Renewable Energy Entrepreneurship Support Facility
SADC Renewable Energy Entrepreneurship Support Facility
Local renewable energy entrepreneurs in the SADC1 and Indian Ocean regions2, are at the forefront of efforts to extend access to modern energy services largely because they are on the ground to offer tailor-made local solutions. Such entrepreneurs, however, face serious challenges including those related to business management and operations, as well as bringing their innovative ideas to fruition.
To overcome some of these challenges and strengthen the capacity of renewable energy entrepreneurs, the International Renewable Energy Agency (IRENA) and the SADC Centre for Renewable Energy and Energy Efficiency (SACREEE) established the Renewable Energy Entrepreneurship (Technical) Support Facility (ESF) in the SADC Region in April 2017.
The Facility serves as a technical support and mentorship platform to address some of the challenges experienced by the entrepreneurs, specifically, to enhance and strengthen the capacity of small-to-medium entrepreneurs (SMEs) in assessing the business potential of sustainable energy, developing viable business plans, and funding requests, managing and maintaining their businesses successfully.
Furthermore, the Facility also aims to increase the confidence of financial institutions in sustainable energy systems and create linkages between the entrepreneurs and financial institutions.
Enterprises, especially women-led or women-managed or youths, from SADC Members and Indian Ocean Island States, are invited to submit their applications for technical support in the following two (2) areas:
Refining renewable energy project proposals in order to reach bankability.
Enterprise development through the Facility’s training and mentorship programme.
Please note that this is a Technical Support Facility and selected entrepreneurs will be sponsored to participate in the training workshops. Due to COVID-19 related travel restrictions, the training may be held virtually.
Sponsorship will cover the transportation and accommodation costs should the training be conducted physically. The Facility does not provide capital funding but facilitates enterprise financing through matchmaking and linking entrepreneurs with potential funders.
How to Apply
For more information and job application details, see; SADC Renewable Energy Entrepreneurship Support Facility
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