Opportunity: Stand a Chance to Win $10,000 in the Clean Energy Innovation Challenge

David Afolayan
Opportunity- Stand a Chance to Win $10,000 in the Clean Energy Innovation Challenge

Do you have a bright idea or innovative business that improves access to clean energy? Then, you have the opportunity to participate in the Clean Energy Innovation Challenge and win $10,000 in investment!

The Clean Energy Innovation Challenge is an open innovation challenge to find and support early-stage sustainable energy innovators to get their ideas (working prototypes) off the ground as sustainable businesses and on track for growth.

Prize

The top 4 ideas will receive a pre-seed investment of $10,000 from All On and will be supported to launch & grow through the CcHUB Incubation Programme. The remaining 6 shortlisted ideas will also have the opportunity for incubation with CcHUB, enabling them access to product development, distribution and business modelling support to scale and grow their idea.

As part of the Incubation Programme, ventures would be supported to rapidly grow by connecting them to a range of partners that would help increase market access.

Experts from the tech and energy sectors will shortlist the ideas received to identify the solutions with the best potential for transforming the Nigerian energy landscape and to succeed as a viable business.

The innovators responsible for the 10 shortlisted ideas will be invited to a Bootcamp where they will be supported to develop their ideas further over a 3 day period. The culmination of the Bootcamp is a pitch session where innovators will be invited to pitch their ideas to the judging panel.

Focus Areas

The Clean Energy Innovation Challenge aims to unearth and support energy innovators across Nigeria who may have solutions that:

  • Deliver affordable, reliable and sustainable energy through new sources
  • Use innovative business models to improve access to clean energy
  • Use creative financing models to increase access to clean energy
  • Reduce energy wastage across the value chain
  • Save cost for producers, distributors or consumers of energy

Entries will be accepted from 11th December 2017 to 2nd February 2018. To apply, you fill the application form here.


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