RES4Africa Foundation RAISEAfrica Program

The RES4Africa Foundation is thrilled to announce the launch of RAISEAfrica – Renewables Accelerators for African Innovative Startups and Entrepreneurs. RES4Africa aims to empower young talents, innovators, and entrepreneurs to contribute to Africa’s thriving and sustainable future in collaboration with Enel Green Power (EGP), Energias De Portugal (EDP), the Council for Scientific and Industrial Research (CSIR), and the South African Institute of Chartered Accounts Enterprise Development (SAICA ED).

RAISEAfrica is a comprehensive initiative that includes both pre-acceleration and acceleration programs, specifically designed for the renewable energy sector in Africa. The initiative is set to support and scale up renewable energy-focused projects within the African startup ecosystem by providing opportunities and a platform for young innovators to voice their ideas. The focus areas include but are not limited to Productive Uses of Energy, Water-Energy-Food Nexus, Circular Economy, Manufacturing, and Digitalization.

The Pre-Accelerator is for aspiring entrepreneurs who are in the early phases of establishing a business idea, whereas the Accelerator is for entrepreneurs looking for market validation and business expansion. Young innovators are encouraged to submit concrete and unique ideas based on prior experiences or ongoing efforts. RAISEAfrica will select a minimum of three enterprises to earn service awards, which will include mentorship and coaching, networking, visibility, fundraising, and other activities.

To be considered for the pre-accelerator and accelerator programs, applicants must meet the following benchmarks:

Pre-Accelerator:

  • Entrepreneurs aged between 18 and 35;
  • Startups not registered can apply;
  • Solution addressing the African market;
  • Ownership: Either the entrepreneur must possess African country citizenship or the startup must be registered in Africa;
  • Operation in the renewable energy sector.

Accelerator:

  • Entrepreneurs aged between 18 and 35;
  • Solution addressing the African market;
  • Ownership: Either the entrepreneur must possess African country citizenship or the startup must be registered in Africa;
  • Product/service at least at the MVP stage;
  • Operation in the renewable energy sector.

Applicants must complete the online standard application forms, providing essential details and supporting documents in English. Applications will undergo an administrative check and evaluation by a Selection Committee composed of the initiative representatives. Shortlisted candidates will be evaluated on various criteria, including communication effectiveness and public speaking skills. The deadline for submitting applications is February 29th, 2024. RAISEAfrica is committed to promoting gender balance in participant selection, and women applicants are highly encouraged to apply.

For more information and application inquiries, please contact giovanni.formicola@res4africa.org.

Pre- Accelerator Form

Accelerator Form

Concept Note & Agenda

Deadline: February 24, 2024