Are you a start-up, established SME or large company in the off-grid solar sector? Applications are open for ECOWAS ROGEAP Grant. Join the Regional Off-Grid Electricity Access Project (ROGEAP) in delivering off-grid solutions and achieving universal access to sustainable electricity services by 2030.
ROGEAP is financed by the World Bank, the Clean Technology Fund (CTF) and the Directorate General for International Cooperation (DGIS) of the Government of the Netherlands.
ECOWAS in partnership with Banque Ouest Africaine de Développement (BOAD) implements ROGEAP. The Project and Fund Manager (PFM) with offices in Abuja and Lomé supports ECOWAS in implementing the project ROGEAP specifically aims to improve access to sustainable energy by building a regional market for off-grid solar (OGS) products and supporting value chain stakeholders.
Objectives of ECOWAS ROGEAP Grant
- Improve access to sustainable energy by building a regional market for off-grid solar products.
- Support stakeholders across the off-grid solar value chain.
- Promote quality off-grid solar products and environmental, social and gender risk management.
ECOWAS ROGEAP Grant Benefits
- Customised training programmes for entrepreneurs, SMEs, large solar companies and financial institutions
- windows for eligible and qualified businesses between $15,000 and $250,000 for certified off-grid and standalone solar systems
- Application support & milestone monitoring
- B2B networking & annual business plan competition
Matching Grant
- For start-ups and early-stage companies to launch or expand operations
- Locally registered businesses owned in majority by national, ECOWAS or project country citizens and operating in an eligible country is an advantage
- Grant amount: $10,000 – $25,000
- 10% equity contribution
- Acceptable co-financing includes business investments (rent, equipment, labour), private investments and loans
- Disbursement based on agreed pre-milestones of up to 75% of the total amount, final 25% postspecific agreed deliverable within 12 months.
- Reported results will be verified before releasing funding after which final payment is made.
Market Entry Grant
- For early-stage and growth-stage companies to increase operations across communities and countries
- Locally registered businesses owned in majority by national, ECOWAS or project country citizens and operating in an eligible country is an advantage
- Grant amount: $50,000 – $150,000
- 10-15% equity contribution
- Acceptable co-financing includes business investments (rent, equipment, labour), private investments and loans
- Disbursement is based on agreed milestones of up to 50% of the total amount in up to 3 tranches, this can be reduced to 2 disbursements depending on milestones agreed.
- Reported results will be verified before releasing funding after which final payment is made.
Performance-Based Grant
- For early-stage and growth-stage companies to deploy off-grid solutions in hard-to-reach markets and remote communities
- Locally registered businesses owned in majority by national, ECOWAS or project country citizens and operating in an eligible country is an advantage
- Grant amount: $150,000 – $250,000
- 15-20% equity contribution
- Acceptable co-financing includes business investments (rent, equipment, labour), private investments and loans
- Disbursement of up to 50% of the total amount per tranche based on agreed milestones within 24 months
- Reported results will be verified before releasing funding after which final payment is made.
- First round only in Sahel
Eligible Countries for ECOWAS ROGEAP Grant
Among 19 project countries, 13 are eligible for financial support and technical assistance: Benin, Burkina Faso, Cameroon, Chad, Côte d’Ivoire, Gambia, Ghana, Liberia, Mali, Mauritania, Niger, Nigeria, and Sierra Leone.
Eligibility of the SMEs Stage
Start-up company
- 3 full-time staff
- 300 solar home kits or <1,500 lanterns sold
- Annual revenue of <$100,000
- No need commercial funding yet
Early-stage company
- 3 – 25 full-time staff
- 300 – 30,000 solar home kits or 1,500 – 30,000 lanterns sold
- Annual revenue of <$3,000,000
- SME should has a Business account
Growth-stage company
- 25 full-time staff
- 30,000 solar home kits or > 50,000 lanterns sold
- Annual revenue of >$3,000,000
- Required Business account and Audited financial statements
How to Apply
- Click Here to apply
- Click Here to download the application guide
- For more details visit: ECOWAS ROGEAP
Application Deadline: 23 June 2024