USADF and All On are excited to request proposals for the USADF-all On Off-Grid Energy Challenge. Proposals are invited from eligible Nigerian off-grid energy companies. Selected enterprises will receive funding in the form of convertible debt and grant capital.
To be considered for the Challenge, applicants must be 100% African-owned, majority Nigerian-owned and -managed private companies registered in Nigeria and must be operating in Nigeria.
The Nigeria Off-Grid Energy Challenge is a joint initiative of the United States African Development Foundation
(USADF) and All On and is designed to achieve the following results:
- To increase electrical generation to unserved and underserved communities through sustainable business model solutions;
- To expand electricity access – delivered through off-grid solutions such as home systems or micro-grids;
- To increase access to electricity for productive and/or household use – while this may include power to meet household consumer needs, emphasis is also given to the delivery of power to productive or commercial activities including agricultural production and processing, commercial enterprises, and others.
All instructions to apply are included in the document labeled “RFP,” uploaded below. The application template for applicants to fill in is also uploaded below. Applicants must send the completed application template, as well as all required attachments, before February 28, 2021. Please note that applications will be reviewed on a first come, first serve basis, so it is advised that applicants submit their proposals as soon as possible.
Winning applicants will receive:
- An investment in the form of a convertible loan at an affordable interest rate and/or an equity investment
- Seed capital from All On in the form of grants, and from USADF in the form of Community Reinvestment Grant (CRG) funds. The CRG intends for grant recipients to recommit a percentage of grant funding to a local organization to further support community-level projects in Nigeria
- Access to intensive local technical assistance and governance support
Winning proposals must:
- Further develop, scale up or extend use of proven technologies for off–grid energy in Nigeria.
- Benefit marginalized, or low-income rural or urban populations currently underserved by utility companies, ideally with a focus on benefits to women and girls and communities in the Niger Delta.
- Demonstrate financial sustainability or the potential for financial sustainability. The proposed investment period must include approximately three months of generation of electricity (or generation of energy) and revenue/cash flow from sales.
- Demonstrate a proven track record of experience or have project sponsors or partners with a proven track record of related experience.
- Propose a budget of no more than US$100,000. Proposals with budgets greater than US$100,000 must bring leveraged resources from one or more other sources that meet the total financing requirements. Leveraged funds from other private sector and donor sources are encouraged.
- Demonstrate clearly whether and how many new connections will be added, as well as potential for future replication. A “new connection” is defined as new mini-grid connection or home system installed.
- Applications for projects/ businesses leveraging wind, hydro, biomass, and gas as the energy source are greatly encouraged.
- Women-owned or -managed business is a plus
How to Apply:
If yoiu are interested in applying for this opportunity, kindly follow the link below to apply
Click here to apply for the USADF – All On Nigeria Off-Grid Energy Challenge 2021
Application Deadline: – FEBRUARY 28, 2021