C LIMATE I NNOVATION C ENTERS Ethiopia. HoA-REC building in the Gullele Botanic Garden.

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Presentation transcript:

C LIMATE I NNOVATION C ENTERS Ethiopia

HoA-REC building in the Gullele Botanic Garden

W HY A CIC IN E THIOPIA ? The Challenge: New technologies are essential to reduce the long- term cost of climate change and achieve Green Growth in Ethiopia; however, many barriers remain. The Solution: A Climate Innovation Center (CIC) that finances and supports Ethiopian innovators, entrepreneurs and SMEs, that can help overcome these barriers and assist in creating climate solutions that meet local needs. The Outcomes: Growing private sector opportunities in Ethiopia to mitigate and adapt to climate change will increasingly become an important driver of employment and economic development.

B ARRIERS TO OVERCOME Technology (by Supporting local and adapted technology innovation) Company (by Building workforce capacity and a pipeline of sustainable new ventures) Finance (by Ensuring access to flexible risk capital) Markets (by Creating new and expanding local and global market opportunities) Policy (by Informing, linking and transforming innovative policy mechanisms), and Women/Girl-led Innovation ( by Empowering women and girls to be leaders in climate technology innovation)

Policy Advocacy Workforce Development University Partnerships Regional Partnerships Women and Girls Technical & Business Courses Access to Facilities Incubators and Networking Space Facility Provider Agreements Access to Finance Technology Adaption Fund Innovation Catalyst Fund Initial Stage Financing Proof of Concept Grants: USD 0-75k Initial Stage Financing Proof of Concept Grants: USD 0-75k Initial Stage Financing Seed Capital Initial Stage Financing Seed Capital Mentor Networks Diaspora-Investor Network Business Mentor Network Business Mentor Network Access to Mentoring Access to Policy Support Investment Advisory Financial Planning Business Planning International Knowledge Transfer Fellowship Programs Access to Information Technology Information Market Analytics Technical Expert Network Technology/IP database Branding & Awareness CIC Outreach Consumer Information Certification Program Seminar Series, Conferences & trainings Annual Innovator & Mentor Awards National Climate Innovation Events Worldwide CIC Network Market and Sector Trend Reports Market and Sector Trend Reports Equal Rights Education Women-led Businesses CIC Activity Awareness Include mainstreamed gender programs CIC SERVICES

B ENEFITS Funding up to ETB 1,000,000 ( ~ $50,000) to develop, launch and/or scale a product or service Showcasing at the official Ethiopia CIC Launch and related media events Preferred entrance into the Climate Innovation Center program and access to a full range of advisory, partnership and support services and follow-on funding

E LIGIBLE S ECTORS sustainable agribusiness bio-fuels and bio-mass transportation technologies micro-hydropower energy efficiency other clean tech or clean tech support businesses Women owned businesses and companies that promote women-led innovation or job creation are strongly encouraged to apply.

E VALUATION C RITERION Level of Innovativeness Technology priority and appropriateness for country Competitive advantage Market & growth potential Uniqueness of business model Quantifiable environmental benefits Impact on gender and social inclusion

T WO STEP PROCESS Concept Plan Basic Information Clean-tech Sector Impact (market and nonmarket) Deadline: April 4 th, 2013 Business Plan Technical Assistance Problem Statement Launch presentation Deadline: May 30 th, 2013 (Only for successful Phase 1 applicants) Phase 1Phase 2