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Applications Invited for NewGen Renewable Energy Accelerator
Organization: International Renewable Energy Agency (IRENA)
Apply By: 09 Jun 2023
About the Organization
The International Renewable Energy Agency (IRENA) is a lead global intergovernmental agency for energy transformation that serves as the principal platform for international cooperation, supports countries in their energy transitions, and provides state of the art data and analyses on technology, innovation, policy, finance and investment. IRENA drives the widespread adoption and sustainable use of all forms of renewable energy, including bioenergy, geothermal, hydropower, ocean, solar and wind energy in the pursuit of sustainable development, energy access, and energy security, for economic and social resilience and prosperity and a climate-proof future.
IRENA’s membership comprises 167 countries and the EU. Together, they decide on the Agency’s strategic direction and programmatic activities, in line with the global energy discourse and priorities to accelerate the deployment of renewables-based energy transitions worldwide.
About the Program
The goal of the programme is to provide youth with the tools, knowledge, and support needed to develop and implement their ideas. Youth-led start-ups, scale-ups, and growth businesses now can be supported by IRENA to foster their growth and business acceleration.
IRENA will collaborate closely with its partners to provide successful participants with access to funding opportunities, business networks, and other resources to help them bring their ideas to market. Additionally, in the road to COP 28 IRENA will launch the IRENA Youth Award to recognize the best solutions developed through the Accelerator Programme and provide winners with further support to scale up their ideas and solutions.
The programme comprises of a series of training, mentoring, and knowledge-sharing activities, along with market/investor linkages designed to scale business impact, boost youth climate/sustainable energy impact, and help them secure investments to implement their business plans and solutions. NewGen Renewable Energy Accelerator participants will benefit from:
- Webinars, workshops, and dedicated mentorship by IRENA experts
- Access to pitching events and investment matchmaking
- Dedicated Climate Impact forecasting workshop
- Tailored acceleration program in renewable energy and climate technology
The first edition of the IRENA NewGen Renewable Energy Accelerator programme will receive applications to select a maximum of 30 youth innovators and entrepreneurs who are motivated to engage with the renewable energy and climate technology markets through ideas, solutions, or novel innovations in their respective local, regional, or global communities.
Eligibility
Youth-led start-ups, scale-ups, and growth businesses now can be supported by IRENA to foster their growth and business acceleration.
Eligible candidates must meet the following criteria:
- Call for applications is open to young people between 18 and 35 years old from all over the world.
- At least one founder of the start-up must be between 18 and 35 years old.
- Start-up main business line should be in the following categories:
- Renewable Energy technologies (solar, wind, hydropower, green hydrogen, geothermal and bio energy)
- Climate adaption technologies (water, agriculture, livestock, extreme weather events, early warning system)
- Climate Mitigation technologies (transportation, decarbonization, circular economy, energy efficiency, energy transformation and smart grids)
- Carbon Markets (carbon trading, carbon measurement, carbon credits and carbon offsetting)
- At least two of the start-up founders are committed by 16 hrs each month for attending the accelerator sessions.
- By entering the selection process, participants guarantee that the submitted documentation is an original work created solely by the applicants and that it does not infringe on copyrights, trademarks and the rights of privacy, publicity, or intellectual property rights of any person or entity.
How to Apply
First cut-off date: 9th June 2023 – 23:59 GST (Abu Dhabi Time)
For more information please check the Link
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