Applications are open for the EIT Climate-KIC Adaptation & Resilience ClimAccelerator in Africa 2023. Funded by the Department of Foreign Affairs and Trade of Ireland (‘Irish Aid’), the A&R ClimAccelerator will support 16 teams from across the African continent with solutions that address physical climate risks or build the resilience of communities.

The selected start-ups will receive tailored business coaching, professional guidance on finance, support defining the climate impact potential of their solution, and preparation for future investment opportunities.

See More: WHO/AFRO Fellowship Program 2023 | Funded

They are seeking applications from solutions that are addressing the impacts of climate change and building the resilience of communities. Start-ups may be providing solutions against climate risks such as: extreme temperatures (heatwaves), extreme precipitation, drought, unpredictable rains, cyclones, hurricanes, typhoons or storms, floods, and sea level rise, among others. Start-ups that are not focusing on these specific areas will not be accepted.

Benefits from EIT Climate-KIC Adaptation

• Mentorship support: The start-ups will receive one-to-one support to refine their business strategy. Solve challenges and identify opportunities for sustainable growth.
• Access to finance: The start-ups will receive a results-based grant of €2,500 to support streamlining operations, increasing efficiencies and creating businesses with a positive climate impact.
• Business development services: Tackling all aspects of the business from incorporation. Management structure, governance structures, staffing, operations, business plan development and implementation, market plan development and implementation, financial management and accountability.
• Climate change mainstreaming: Coaching and training on climate risk assessment and opportunity identification. Additionally, the start-ups will be supported in mainstreaming sustainability (environmental and social), as well as climate change adaptation and mitigation approaches into their operations.

Eligibility for EIT Climate-KIC Adaptation

• Open to early to mid-stage African startups with solutions that address physical climate risks or build the resilience of communities
• Business must be incorporated in an African country.
• Should be incorporated for 5 years or less.
• For-profit entity.

Application of EIT Climate-KIC Adaptation

The application deadline is November 26, 2022 (23:59 Greenwich Mean Time).

See More: WHO/AFRO Fellowship Program 2023 | Funded

Lastly, It is important to visit the official website link found below to access the application form.

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