Call for Applications: RAISEAfrica – Renewables Accelerator for Innovative Startups and Entrepreneurs in Africa (cash prizes of up to €10,000)

0 474 2 minutes read

Closing Date: 14 March 2025

Call for Applications: RAISEAfrica – Renewables Accelerator for Innovative Startups and Entrepreneurs in Africa (cash prizes of up to €10,000)

Are you an African entrepreneur with bold ideas for renewable energy?

RES4Africa Foundation is thrilled to announce the Open Call for the 2025 Batch of RAISEAfrica – Renewables Accelerator for Innovative Startups and Entrepreneurs! In collaboration with Enel Green Power, the European Investment Bank (EIB), EDP Renewables, the Council for Scientific and Industrial Research (CSIR), SAICA Enterprise Development, and EY Foundation, this initiative empowers young African innovators to turn their ideas into impactful solutions for the continent’s energy transition.

Overview

Following the successful conclusion of the first edition, RES4Africa Foundation announces the launch of the Open Call for the 2025 Batch of RAISEAfrica – Renewables Accelerator for Innovative Startups and Entrepreneurs in Africa.

This unique initiative aims to foster innovation in the renewable energy sector, offering young African entrepreneurs a platform to scale up their businesses and bring forward groundbreaking solutions for the continent’s energy transition.

With the support of renowned partners such as Enel Green Power, European Investment Bank, EDP, EY Foundation, CSIR, and SAICA ED, RAISEAfrica is set to continue its mission to drive impactful change by providing entrepreneurs with the resources they need to succeed. The program offers both pre-acceleration and acceleration tracks designed to cater to entrepreneurs at different stages of their journey.

Key Features of RAISEAfrica 2025 Edition:

Eligibility Criteria: Entrepreneurs aged 18-35 from across Africa with innovative solutions addressing the renewable energy sector are invited to apply. Solutions can range from early-stage concepts to established projects looking to scale.
Thematic Focus: Applications are encouraged from young entrepreneurs working on solutions that focus on technology, manufacturing, digitalization, the water-energy-food nexus, circular economy, and new business models within the renewable energy space.
Monetary Prizes: Participants will receive an entry token of €3,000, with the chance to compete for the “Young Talent of the Year” award, offering a cash prize between €5,000 and €10,000. This is designed to support the most promising and high-potential startups.
Pre-Accelerator and Accelerator Tracks: The pre-accelerator supports early-stage entrepreneurs in developing their business ideas, while the accelerator focuses on scaling established ventures, refining business models, and expanding market reach.
Support Services: Participants will gain access to mentoring, coaching, networking, visibility, and fundraising opportunities. They will also be able to showcase their ideas at key events, engage with investors, and connect with other industry leaders.

The application process is now open, and interested entrepreneurs can apply directly through the link below.