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Climate Innovation Centers

Climate Innovation Centers. Ethiopia. HoA -REC building in the Gullele Botanic Garden . Why a CIC in Ethiopia?. 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:

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Climate Innovation Centers

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  1. Climate Innovation Centers Ethiopia

  2. HoA-REC building in the Gullele Botanic Garden

  3. Why a CIC in Ethiopia? 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.

  4. Barriers 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)

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

  6. Benefits • 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

  7. Eligible Sectors • 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.

  8. Evaluation Criterion • 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

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

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