Deadline: 2 March 2025
Are you a growth-stage business driven by innovation and sustainability in waste management and prevention in Nairobi? Do you have a strong track record of success and a genuine commitment to creating a positive impact on the environment and society? If yes, apply now!
The Circular Economy ClimAccelerator in Nairobi is a result-oriented programme targeted at local Circular Economy (relatively mature) solutions that are shifting the local ecosystem towards more circularity.
The aim of the programme is to help start-ups solve critical and priority business challenges, help expand networks within and outside Kenya, and connect with the circular economy community in Nairobi. They strongly encourage applications from businesses with a commitment to gender equality, including marginalised groups and informal workers. By fostering an environment that values all perspectives and backgrounds, they aim to support inclusive economic growth and create opportunities for those traditionally underrepresented in formal sectors.
A circular business model is an approach to business that aims to minimise waste and make the most of resources by following the principles of a circular economy. In a linear economy, products are manufactured, used, and then disposed of as waste. In contrast, a circular business model seeks to create a closed-loop system, where waste and pollution are eliminated by design, where products, materials, and resources are kept in use at the highest value for the longest possible (e.g. reused, refurbished, remanufactured, and recycled to extend their life cycle) and where natural systems are regenerated (e.g. through composting of organic waste).
Funding Information
- Funding Opportunities:
- The top 5 selected solutions will receive funding of up to €15,000 each, along with access to local and international investors.
Why Join Them?
- Tailored Support
- Benefit from local and international mentoring, tailored workshops, and access to funding opportunities.
- Global Network
- Join a vibrant Circular Economy Global Community and expand your network within and outside Kenya.
- Specialized Knowledge
- Learn from experts in circular climate innovation and gain access to valuable resources to advance your solution.
- Circular Impact
- Receive assistance with Impact Assessment and Impact Validation to ensure your business is making a positive environmental impact.
- Peer Learning
- Engage in peer-to-peer learning and exchange insights with like-minded entrepreneurs.
Eligibility Criteria
- To be eligible for the programme, your business must meet the following criteria:
- For profit, post revenue business with an annual turnover of USD 50,000+
- Have a product/service that eliminates/reduces/prevents waste at its source.
- Have a product/service that has a social/environmental/local impact.
- Have solutions that benefit/target/impact the informal sectors (and associated marginalized communities).
- Operating within the Nairobi Metropolitan area.
- At least 2 FULL-TIME co-founders, with 5+ FULL-TIME employees.
- 3+ years of existence.
For more information, visit GrowthAfrica.