Apply Now for the UNDP Timbuktoo GreenTech Startup Accelerator Programme 2024. The UNDP Timbuktoo GreenTech Startup Accelerator Programme is designed to empower visionary GreenTech entrepreneurs across Africa.
Do you have an innovative solution for the energy sector?
Are you dedicated to helping communities transition to sustainable energy while supporting the Sustainable Development Goals (SDGs)?
If yes, the Timbuktoo GreenTech Hub in Kenya wants to hear your ideas.
Why Is This Programme Important?
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Africa is currently facing an energy crisis that hampers growth and development. Many people lack access to affordable and reliable electricity, which makes it difficult for industries to expand and for communities to thrive.
To address these challenges, the Timbuktoo GreenTech Hub provides mentorship, funding, and advocacy with a focus on renewable energy technologies that are accessible, sustainable, and decentralized. The primary goal is to reduce reliance on fossil fuels while improving energy security.
The Energy Accelerator Programme is designed to boost startups developing renewable energy solutions.
Programme Goals
The programme supports the growth of startups that create solutions in the following areas:
- Energy Access Technology: Expanding reliable and affordable energy access.
- Digital Solutions: Utilizing digital technology, IoT (Internet of Things), and DLT (Distributed Ledger Technology) to manage energy.
- Energy Efficiency: Enhancing energy usage across different sectors.
- Carbon Capture: Reducing carbon emissions through innovative technologies.
- Innovative Business Models: Developing new ways to adopt clean energy solutions.
- Smart Grid Technology: Improving the stability of energy grids.
- Energy Storage: Creating better storage solutions for renewable energy.
- Clean Energy Generation: Generating energy through sustainable means.
- Sustainable Mobility: Reducing emissions in the transportation sector.
- Energy Management Tools: Enhancing the management of energy resources.
Benefits of the UNDP Timbuktoo Programme
Participants in the programme will enjoy several benefits, including:
- Access to Timbuktoo GreenTech Hub: Join an active network of innovators across Africa.
- Mentorship: Receive guidance from industry experts.
- Technical Support: Get assistance with product development from technical mentors.
- Regulatory Sandbox: Develop and test products within Kenya’s dynamic ecosystem.
- Blended Financing: Gain access to funding that helps scale your business.
- Networking Opportunities: Connect with potential partners and customers.
- Investor Access: Engage with investors interested in GreenTech.
- Growth Resources: Access the support needed to expand your impact.
- UN and AfCTA Networks: Utilize extensive networks for further resources.
- Impact on the GreenTech Sector: Become a leader in the pan-African GreenTech movement.
- Equity-Free Funding: Secure funding for your startup without sacrificing equity.
Who Should Apply?
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The programme is looking for innovative founders and companies across Africa. You should apply if your startup meets the following criteria:
- African Founders: Founders must be nationals of an African country.
- Legally Registered Startups: Your company must be registered and operate within Africa.
- Established Companies: Your startup should have been operational for at least three years.
- Addressing Development Challenges: Your solution must tackle real-world problems.
- Technology-Enabled Solutions: Your product should leverage technology.
- Minimum Viable Solution: Your product should be market-ready.
- Corporate Governance Systems: Your company must have proper governance systems in place.
How To Apply?
Ready to join the Timbuktoo GreenTech Hub? Apply now by filling out application form for the UNDP Timbuktoo GreenTech Startup Accelerator Programme. Be sure to submit your application before Sunday, 24th October 2024, at 11:59 PM (EAT).
For more details, visit the UNDP Timbuktoo GreenTech Hub page.
This is an excellent opportunity for innovators to be part of Africa’s journey towards sustainable growth. Don’t miss out!
