THE 2023 CLIMATE CHANGE GRANT
The foundation is hinged on the belief that all lives have equal value and that everyone deserves to live a healthy life. Achieving a climate-compatible economy will require individuals, corporations and governments to pursue growth-based structural reforms that encourage low-emission, strong investments and cost-effective laws and regulations.
Climate change has become an emergency issue in the world introducing so many threats to the existence of man. We believe that addressing this challenge is one way to create a healthy and safe environment while improving growth in all sectors.
The Stephen Akintayo Foundation is calling on innovative and transformational projects and proposals that aim at mitigating the effects of climate change on the world’s systems and daily living of mankind.
Aims and Objective
The major objective of the 2023 Climate Change Grant is to:
Assist and support Africa in her transition to a more climate-friendly and low-emission development mode
To provide access to grants that can be used to support businesses that are in tune with the goal of the grant.
Support systems and mechanisms for climate change and adaptation
Drive youth engagement in climate change
Support empowerment for small businesses through initiatives that aim at creating climate-resilient environments.
Our Target
Our target is small-scale businesses that focus on:
Education
Environment
Science and technology
Startups
Young adults
Health sectors
Research and development
Our Specific Plan
We aim at supporting climate-change mitigation in different ways including:
Investing in technologies that address the specific needs of small-scale businesses in the aforementioned sectors. Our goal is to support innovations which are geared towards climate-change mitigation by making sure that innovations produced, such as advanced batteries, hydrogen electrolyzers, direct air capture and storage, cooling pumps, etc are accessible to as many as need them.
Investing in sectors to develop a more effective delivery system for climate change projects. This would be achieved by funding projects in the aforementioned sectors to develop and appropriate climate change development strategies that are realistic.
Investing in developing innovative support mechanisms for small scale businesses that provide sustainable options for earning income. Here, our goal is to fund private sector initiatives especially small businesses in sub-Saharan Africa.
Eligibility
The Climate Change Grant can be awarded to any business with a formal and recognized judicial and organizational structure contributing to the overall objective of the grant. The Grant will be awarded to any qualified candidate with business resident in sub-Saharan Africa
Selection Criteria
The Grant Committee considers the following criteria for the Grant:
Contribution to mitigating the effect of climate change in measurable terms
Ability to provide a vital source of income and/or employment in measurable terms
Increased awareness and cooperation among African audiences and organizations
Proven leadership potential of the individual or organization, particularly the ability to persevere despite significant challenges or risks
Proven tangible results, scalability and value creation derived from candidate’s work either directly or indirectly
We shall give consideration to circumstances under which the project has been carried out and results achieved.
Nomination & Selection Procedure
The procedure for the 2023 Climate Change Grant starts with applications being submitted to Stephen Akintayo Foundation through the website at stephenakintayo.com on or before 31st March, 2023
Applicants are required to submit a one-minute video pitch
Shortlisted candidates will be contacted and required to attend a physical or virtual bootcamp for one month via the Stephen Akintayo University platform.
Candidates will be given rigorous training by mentors who are experts in the field.
The top 10 businesses from the bootcamp will then pitch before a panel of expert judges and investors.
The top 3 winners are further selected and required to pitch at the final stage
Upon pitching, the winner is selected and grant presented.
Benefits
Winner gets technical support for their businesses
Access to Stephen Akintayo University resources
Participation in the training programs.
Winner continues to enjoy exclusive access to expert mentorship, insider opportunities and a robust support network that will open doors for his or her business.