The project is part of the National Elecrification program that Plans to reach 35% of the population by offgrid- electrification pathway by 2025
The project is financed by African Development Bank (USD20 Million) and Ethiopian Govenrment (ETB161 million)
Source: Ethiopian Brodcasting Corporation
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Then you can apply by submitting your proposal from idea to start-up phase.
Award for 10 finalists and Prize for 4 winners
How to apply?
Apply before 28 February 2021
As part of Energising the Green Economic Recovery response, EnDev focused on a set of instruments on the demand side, the supply side as well as the framework conditions. The targeted COVID-19 related interventions will be deployed both in the existing and fast track countries where the program encompases. Ethiopia is one of the countries included in the fast track category.
COVID-ASSIST- with the Development Bank of Ethiopia (DBE) Through a grant agreement with the DBE, EnDev will be able to provide grants to some 60 companies selling improved cookstoves (ICS) and solar equipment (PV). These bridging grants, amounting to EUR 5,000-25,000 per applicant, are given to companies to help with cash flow issues and to cover operating costs. Companies participate in a competitive process with certain eligibility criteria. In addition to the monetary support, the companies selected also receive business development support on topics like scenario planning, risk management, etc.
COVID-VOUCH - for market stimulation With a subsidy voucher scheme for eligible poor and vulnerable households, EnDev aimed at stimulating demand. Beneficiaries were identified in collaboration with the Ethiopian Government ‘Safety Net Program’; for the dissemination of vouchers, EnDev partnered with four Microfinance Institutions (MFIs). The MFIs sold the product coupons at a subsidized price to the eligible households. With these coupons the households could then buy products from ICS/solar suppliers. The suppliers in turn, cashed the coupon at one of the MFIs for the full price.
@Ethiopia-German Energy Cooperation
Young Journalists 2nd Workshop was held in parallel.
On 31 March 2021, the ten finalists together with the young journalists were briefed by the organizers of the competition on the selection process, the next actions, expectations and awards for the finalists (10), winners (3) and one best pitch among the ten.
The work shop was organized following a jury lead selection process based in Germany and Ethiopia on a pre-specified criteria including on innovation, economic viability, gender, social, climate change and environmental impacts.
The 10 finalists will receive training and coaching support, exposure to international network, incubation support and digital certificate while the winners will receive additional monetary price.
The innovation competition is being complemented by the young journalist program with a goal of increasing public awareness of the competition, visibility for the finalists, and creating a better awareness of the young journalist on clean energy issues in Ethiopia.
Ethiopian Energy^Power Business Portal, eepBp, is glad to be among the ten finalists. As an energy platform, eepBp is glad to learn the promising innovative ideas discussed in the workshop and wishes all best of luck. We will continue reporting the progress of the competition in due course.
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