Applications Invited for PFAN Project Grant

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About the Organization

A global network of climate and clean energy financing experts. PFAN consists of climate and clean energy financing experts across the globe. Counting on the expertise of local advisors allows us to provide better-tailored coaching services, taking into account the local market needs and dynamics. Entrepreneurs are matched with one of our PFAN Advisors who accompany them throughout their PFAN Journey.

We aim to build clean energy markets one business at a time, mitigate climate change and mobilise private investment in support of the Paris Agreement on Climate Change and the Sustainable Development Goals. While combating climate change is our ultimate goal, in its day-to-day work PFAN is driven by a desire to help entrepreneurs succeed. We know that getting a project off the ground is difficult; we are aware of the barriers faced by entrepreneurs, especially those linked to accessing additional investment. Helping entrepreneurs overcome those barriers to fulfil their potential and contribute to climate change adaptation and mitigation is what drives us.

About the Grant

PFAN has supported projects and businesses in low- and middle-income countries in Sub-Saharan Africa, Central, South and Southeast Asia, the Pacific Islands, Eastern Europe, Central America and the Caribbean Islands. Currently, we are accepting applications from Pakistan and several countries in the Caribbean.

To be eligible for PFAN support, your project or business must:

• provide climate change adaptation benefits and/or
• offer or use clean energy technologies, products or services that fall within our areas of work.

Investment amount:

The investment amount, or investment ask, should lie between US$1 million and US$50 million. This may be disbursed in smaller tranches as requested.

ONLY for energy access and rural electrification projects (clean cook stoves, solar home systems, mini grids) an exception is made, and the investment ask can lie between US$500,000 and US$50 million. This too may be disbursed in smaller tranches as requested.

Examples of eligible projects:

• Projects and businesses which deploy clean and renewable energy and/or climate change technologies for productive uses;
• Greenfield and brownfield utility projects, independent power producer and distributed generation projects (for both thermal and electrical energy);
• Existing projects which are operating at small or pilot scale and which are ready for scale-up;
• Projects which increase access to energy for remote communities, including rural electrification, off-grid and mini-grid projects, thermal energy and clean cooking solutions;
• New or expanding business ventures in clean energy and related technologies, including downstream projects (focused on deployment of existing technologies) and upstream projects (focused on development and commercialisation of a new clean technology);
• Mergers, acquisitions or joint ventures, which will add value to an existing clean energy / technology business.

How to Apply

Selected PFAN projects undergo intensive one-on-one coaching to perfect their business plans, financial structures and investment pitches. Applications are accepted on a continuous basis, and you may submit your application at any time. Applications are evaluated on a quarterly basis after the regularly announced deadlines. If you submit just after the deadline for the next evaluation round, it may take up to three months before your application is evaluated. The application consists of an online form and two documents:

• Project proposal
• Executive summary

Start your application

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Tags Entrepreneurship Environment and Sustainability Innovations and Technology Others