Facilitating Solar Business Acceleration Activities for the ROGEAP Project
The proposed Customized Business Acceleration Support program aims to enhance the capacity, skills, and bankability of solar businesses operating in 13 eligible countries. The program will involve partnering with established national training providers, incubators, accelerators, and entrepreneurial support organizations to deliver tailored training and mentoring programs.
These programs will cover a wide range of topics including business strategies, business models, technology development, and investment facilitation. The process will begin with a comprehensive training needs assessment, followed by the design and implementation of specialized training materials.
Selected businesses will receive follow-up coaching over a period of 9-12 months to support their growth and financial linkage, ultimately aiming to improve their access to finance and market opportunities.
Objectives of the Business Acceleration Support
To accelerate the growth and sustainability of early-stage solar businesses in 13 eligible countries through customized business acceleration support, thereby improving energy access and fostering economic development.
Sub-Objectives/ thematic Approach to the acceleration support
Who can apply ?
Small and medium-sized enterprises (SMEs) and Entrepreneurship Support Organizations (ESOs) in all ECOWAS countries and four Sahelian countries (namely Cameroon, Chad, Mauritania and Central African Republic)
- SMEs operating in the off-grid solar energy sector
- Companies offering innovative solutions for off-grid electrification
- Entrepreneurs aiming to scale their solar businesses across the region
- Growth and Matured stage companies seeking for funding and market expansion
Type of SMEs to be supported : Start up, Early stage, Growth stage, Maturity stage in the off-grid sector, Thus, each stage of the enterprise development life cycle requires different strategies, resources, and management approaches to ensure sustained success and growth.