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Energy Acess Projects In Action(EAPIA)in Africa Submission

The Energy Access Projects in Action (EAPIA) Initiative is a tailored program aimed at fostering and supporting African energy projects that have successfully navigated the early stages of development. It specifically targets projects which have completed comprehensive initial energy scenario assessments, ensuring a robust understanding of the energy landscape and potential impact. Furthermore, the initiative seeks projects that have meticulously designed business models, demonstrating a clear path to financial sustainability and growth.

 

**Additionally, EAPIA values projects that exhibit a profound comprehension of the expectations and requirements of potential investors, positioning them favorably for securing the necessary funding and support to bring their energy solutions to fruition.

Elegibility

Around 15 to 20 projects are selected annually to participate in EAPIA. Representatives of the selected projects will be invited to Nairobi to attend the three-day matching forum. Selected EAPIG projects will be eligible to compete for a number of awards, subject to the criteria and regulations of each award.

The applicant MUST be the copyright owner of the submitted material, or is authorised to act on behalf of the copyright owner of the submitted material.

Geographic Focus

  • Projects must be located within African countries.

Project Stage

  • Projects should have completed the initial energy scenario assessments.

  • Projects should be in the planning or early implementation phase.

Business Model

  • Projects must have a well-designed business model that is sustainable and scalable.

  • The business model should demonstrate a clear path to profitability and growth.

Investor Readiness

  • Projects should have a clear understanding of the needs and expectations of potential investors.

  • Projects should be able to articulate how they meet investor criteria for risk, return, and impact.

Governance and Management

  • Projects must have a strong and experienced management team with a proven track record.

  • Projects should have transparent and accountable governance structures in place.

Environmental and Social Impact

  • Projects must demonstrate a positive environmental and social impact, aligning with sustainable development goals.

  • Projects should have conducted or be willing to conduct an environmental and social impact assessment.

Financial Viability

  • Projects must have a solid financial plan, including projected cash flows, break-even analysis, and funding requirements.

  • Projects should have a clear funding strategy and be able to demonstrate how they will use the funds effectively.

Technology and Innovation

  • Projects should utilize or be open to adopting innovative technologies that can enhance efficiency and sustainability.

  • Projects should demonstrate a commitment to continuous improvement and technological advancement.

Reporting and Transparency

  • Projects should be willing to provide regular progress reports and maintain transparency throughout the project lifecycle.

  • Projects should have a system for monitoring and evaluating their performance against set objectives.

Capacity for Partnership

  • Projects should be open to forming partnerships with other organizations, including NGOs, government agencies, and the private sector.

  • Projects should demonstrate a history of successful collaboration or a clear strategy for building partnerships.

Required materials

For African projects seeking to participate in initiatives like the EAPIA, a streamlined submission package could include:

1. Business Plan:
   - A concise business plan that encapsulates the project's vision, objectives, market analysis, management structure, and impact assessment.

2. Financial Projections:
   - A financial spreadsheet detailing the project's budget, cash flow, revenue forecasts, and break-even analysis.

3. Project Photos:
   - A selection of high-quality, relevant images that visually represent the project's current state, location, and potential impact.

4. Project Summary:
   - A brief synopsis of the project, capturing its essence, goals, and significance in under 100 words.

   Example Project Summary:
"Harnessing solar power in rural Kenya, our project aims to provide sustainable energy solutions, reducing reliance on fossil fuels and enhancing community resilience. With a robust business model and strong community ties, we're poised for scalable impact, seeking investment to expand our reach and influence."

 

Privileges and Conditions:

  1. For selected projects, WWF and Prometheus Initiative will arrange travel (from/to Country of Residence) and accommodation for the representative(s) who do(es) not reside in Nairobi. Details will be provided to the representative(s) in due course.  Prometheus Initiative reserves the right to final decision.

  2. At least one representative of each selected project is required to attend all meetings and events organised by Prometheus Initiative.

 

Online Submission:
 

  1. All submissions and supporting materials shall comply with the above eligibility and selection criteria.

  2. For Chinese-language project submissions, all supporting materials must be submitted in both English and Chinese.

  3. All submissions must adhere to entry character limits.

  4. Materials and information supplied will be treated as confidential and will be used by Prometheus Initiative, their affiliates or designated personnel only.

  5. All materials submitted will not be returned.

  6. Selected Projects will be notified individually.

  7. Decisions of Prometheus are final.


Please send email at info@the-odyssey.com for further enquiry.

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