P4G Partnerships Call for Early-Stage Climate Solutions Businesses ( Up to $350,000 Grant)

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P4G is now accepting applications for partnerships working on climate mitigation or adaptation solutions in the areas of food, energy and water.

Partnerships must comprise at least one early-stage business and one nonprofit organization implementing in one of P4G’s ODA-eligible partner countries: Colombia, Ethiopia, Kenya, South Africa, Indonesia and Vietnam. Applicants must provide services or products that contribute to poverty alleviation, gender equity and economic growth in one of the following sub-sectors: climate-smart agriculture, food loss and waste, water resilience, zero emission mobility and renewable energy.

P4G will provide grant funding and technical assistance to help the early-stage business in the partnership become investment ready.

P4G Partnership Benefits

P4G Partnerships will receive grants of USD 350,000 on average to implement in a period of 18-24 months. They will also benefit from technical assistance, including due diligence and gap analysis of partnership business models, political engagement for contributing to enabling systems, business matchmaking sessions, knowledge mobilization and communication, and introductions to intermediary investment facilities providing a finance bridge to scale partnership operations.

Eligibility Criteria for P4G Partnerships Program

Partnership commitment: Comprise at least one early-stage climate business and one nonprofit administrative partner
Experience and track record: Demonstrate across their partners country, sectoral, policy & regulatory environment, business, financial, social, environmental development and grant management knowledge, skills and expertise
Sector and countries: Implement in P4G’s ODA-eligible partner countries and focus sub-sectors including climate smart agriculture, food loss and waste, water resilience, zero emissions mobility and renewable energy
Investability: Be at the seed or post-seed financing stage with a robust business plan and a defined path to commercialization or raise capital
Enabling system: Possess a clear understanding of policy, legal/regulatory frameworks in the country of implementation.
Additionality: Climate business solution is innovative in that it is substantially improved when compared to the state of the art in that industry and in the relevant country of operation
Impact: Show climate, economic growth, poverty reduction, gender and development impact
Budget: Include cost share of at least 30%, that is not in-kind and must meet mandatory activities and budget line items
Responsible business conduct: Not have activities that are in P4G’s exclusion list and must either demonstrate their ESG plan or include a plan to develop one
Due diligence: The two lead institutions demonstrate the ability to meet organizational due diligence requirements