Frequently Asked Questions about the USADF/All On Nigeria Off-Grid Energy Challenge
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Q: How do I apply?
A: Details on eligibility and full application instructions are available at:
www.usadf.gov/apply
www.all-on.com/the-all-on-hub -
Q: Kindly clarify what is meant by 100% African owned, majority Nigerian owned. Does this mean that a company registered in Nigeria and has some foreign shareholders will not qualify?
A: All shareholders, members of the board and senior management must be citizens of a sub-Saharan African country. The majority of the ownership and senior management must be Nigerian citizens. Companies need to be legally registered in Nigeria, demonstrate the capacity to track and manage project resources and operate in good standing with the local governments in their areas of operations.
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Q: I would like to check if it is feasible to propose a project which includes a solution for deployment in multiple locations. We are considering proposing a solution to be replicated and deployed at 3 geographically diverse locations within a single project.
A: Yes, all energy projects and applicants that meet the eligibility criteria will be considered. Projects, be they single or multiple location in design, are to be focused on increasing sustainable energy access, specifically off-grid solutions, and extending the delivery of electrification to unserved and underserved communities in Nigeria. Propose a budget of no more than US$100,000. Proposals with budgets greater than US$100,000 must bring additional funds from one or more other sources that meet the total financing requirements. Leveraged funds from other private sector and donor sources are encouraged.
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Q: I want to know if I can apply if I have technical assistance from a foreign company.
A: Applicants may be developers of their own technology and/or acquiring and implementing technologies developed elsewhere.
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Q: I would like to know if Non-Governmental Organizations too call apply and benefit from this challenge.
A: Yes. Please refer to the application website for additional eligibility criteria.
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Q: For a startup which was recently founded months ago upon its founders MSc completion, what do we attach as our financial performance, being that fresh off our ideation stage, we are just about to close in on a technical partnership and have not a financial record per say yet.
A: Applicants must be able to demonstrate the potential for financial sustainability and profitability. Some measure of projected financial return on investment and payback period is to be included in an attached comprehensive five-year financial model in Excel format. The application must demonstrate the potential to operate as a commercially viable business and express clearly how applicant will achieve profitability, particularly in the absence of a prior financial track record.
For further enquiries, please contact all-on-communications@all-on.com