United States African Development Foundation (USADF) and All On say applications are now open for the 2019 Nigeria Off-Grid Challenge.
According to a statement released by the organisers, the application window will open on February 1 and close on March 15, 2019.
USADF and All On have committed to provide funding to 100% African MSMEs that improve energy access through off-grid energy solutions spanning solar, wind, hydro, biomass and gas technologies.
“The enterprises may be developers of their own technology and/or acquiring and implementing technologies developed elsewhere,” the statement read.
“To benefit, applicants need to be legally registered in Nigeria, demonstrate the capacity to track and manage project resources and operate in good standing with the local governments in their areas of operation.
“Up to $50,000 per selected company will be provided in the form of convertible debt from All On, while up to $50,000 in the form of a grant will be provided by USADF.”
The winners of the 2018 edition were Prado Power Ltd, Darway Coast, Auxano, Eastwind, Alyx, Creeds Energy and IKabin.
According to Washima Mede, CEO of Prado Power Limited, “It has not been easy bootstrapping and trying to gain traction as a new business. Thankfully, there are organizations like USADF and All On who have the development of this sector at heart.
“Many thanks to USADF and All On who are working very transparently and assiduously to help bring a solution to the energy debacle in Nigeria. We are beneficiaries, amongst many others, and the whole nation will benefit as result.”