ACCELERATING THE FUTURE
Climate Finance Accelerator (CFA) program
In collaboration with the UK government, Flat6Labs is implementing the second phase of the Climate Finance Accelerator (CFA) program in Egypt. CFA is a £11.8 million technical assistance program that is implemented in ten countries (Colombia, Egypt, Mexico, Nigeria, Pakistan, Peru, South Africa, Turkey, Uganda and Vietnam) and has provided capacity building support for over 135 innovative low carbon projects with a total value of over US $2.9 billion to help them.
Who Can Apply
This 16-week accelerator program aims to target 8-12 climate mitigation entrepreneurs with innovative and scalable solutions to challenges related to the adverse impacts of climate change.
In Egypt, the Climate Finance Accelerator (CFA) selected 9 low-carbon companies to join the second phase of the programme in 2024. These innovative companies are each providing solutions to tackling climate change in Egypt and will receive three months of financial, technical, climate mitigation, and gender equality and social inclusion (GESI)-focused support and advice from the program’s experts.
Once you are selected to join the 16-week accelerator program, you’ll receive world-class mentorship and coaching, info sessions, subject matter one-on-one sessions, training by local and international experts, and a multitude of perks and services.
Applications are currently closed. Stay tuned for any new announcements.
Find the top FAQs here.
Please note this is not a grant funding program.
SUPPORT & OFFERINGS
Coaching and best practice insights
Networking opportunities
Increased visibility
One-on-one consultations
Access to investors
Achieving ESG (Environment, Social and Governance) project objectives
Access to sources of finance
Building networks & raising profile
SELECTION PROCESS
Apply
The CFA program call for applications will be announced on all official communication channels, signaling the eligibility for all interested applicants to apply to the 16-week program. To join the CFA program, interested applicants should apply on the website and fill in a form detailing the basics of their idea or business. Applications are open from December 13th until February 5th, 2024 and the actual program will start March 3rd, 2024 until June 28th, 2024.
Interviews
Once all applications have been submitted, the CFA management team will review every application carefully and selects the best applicants to be called in for a 30-60 minute interview.
Cycle Program
The program design will be tailored based on the needs and stage of each startup, focusing on key weaknesses including but not limited to those related to product or service development, branding and market research, financial management and business model soundness, human resources, fundraising and networking and legal and regulatory support. During the cycle, each team has full and unlimited access to our wide network of mentors, investors, consultants, experts, business education workshops, training sessions and more. At the end of the CFA process an event will be held with Egyptian investors allowing each project to get additional advice from investors as well as pitching their projects to them.