Deadline: 26 November 2019
Applications are now open for the 2nd edition of Energy Access Fund to foster sustainable renewable energy solutions to boost economic and environmental development in rural areas.
Through its Social Investment Policy EDP establishes the objectives and strategies that guide the programs and activities of social responsibility of the company. In this context, energy inclusion and access to energy are defined as a priority for the company’s social investment.
Within the framework of its Social Investment Policy, EDP created the AE2 CSR Fund Program (the “Program”), which main objective is to contribute to alleviate energy poverty by supporting sustainable and clean energy projects in remote rural areas.
These projects, based on sustainable renewable energy solutions, will contribute to the social, economic and environmental development of the rural communities in developing countries measured by its value to Sustainable Development Goals indicators.
Funding Information
- The 2nd edition of this program has an endowment of 500.000€;
- Projects may apply for values between € 25,000 and € 100,000. The Fund will cover:
- up to 75% of the total project costs, for non-profit entities;
- up to 50% of the total project costs, for for-profit entities.
Areas
The areas of activity of the Program, framed within the purposes of EDP, are:
- Education: e.g. electricity for lighting, computers and internet services;
- Health: e.g. energy for lighting of facilities, laboratories, diagnostic equipment and refrigeration of vaccines;
- Water and Agriculture: e.g. electricity for boreholes, water pumping and crop irrigation;
- Business: e.g. energy supply of small business initiatives and supply of electricity for machinery and equipment;
- Community: e.g. electrification of households, community centers and public lighting.
Eligibility Criteria
- Project Promoters must fill out an Application Form and an Applicant Statement that describes the applicant and in which they also make an ethical commitment;
- Project Promoters must meet the following requirements:
- To be legally incorporated;
- To be a private entity, non-profit or for-profit, or a non-governmental organization;
- To have at least 2 (two) years of experience;
- To have their tax payments in order with the tax administration and their contributions in order with social security, being that these situations must be verified until the time of signing the Collaboration Agreement;
- To comply on what it is applicable with the Code of Ethics;
- To demonstrate the credibility and ability to develop the projects with which they apply;
- To not have benefit from other EDP support in the same year.
- Failure to comply with any of these requirements will be grounds for inadmissibility of the application;
- Verification of formal requirements of admissibility and eligibility of proposing promoters and projects is carried out by EDP;
- In the case of projects submitted by two or more entities, at least the Project Promoter must meet the above-named eligibility requirements;
- Companies from EDP Group cannot be Project Promoters or Project Partners.
Evaluation Criteria
Submitted projects proposals will be evaluated based on the following criteria:
- Social relevance and impact
- Projects that have potential for a high social impact and/or that cause a true social transformation in the context or territory in which they are executed. When applicable, projects should consider gender integration as an essential part of its life cycle. It will be taken into account that the promoter entity is able to justify this relevance through reliable and external sources of information (social diagnosis, studies, reports, etc.).
- Ability to implement
- The coherence between the objectives of the project and the proposed activities will be analyzed in order to verify that there is a proper alignment. The candidate or the lead organization must be able to implement the project submitted within the timeframe defined in the application.
- Partnerships
- Projects that promote alliances between entities, to generate synergies, especially in reducing operating costs and make best use of of resources, both human and material, and maximizing impacts. In this sense, the projects will be valued based on the fact that they have formally assured support partners in the place and area of action to guarantee the success of the project.
- Sustainability
- Projects designed for long-term continuity, covering the environmental, technological, financial and social dimensions, following EDP’s contribution.
- Expansion
- Projects that serve as a model, because they are sufficiently structured, and that can be scalable and/or replicated in other territories or contexts.
- Number of beneficiaries
- Projects aimed at a broad and significant group of people, considering the characteristics of the group and the nature of the intervention, or that can create a real and transformative change in the quality of life of the target public.
- Costs / Benefits
- The projects that have consistency between the total cost, the requested support and the expected results.
How to Apply
To submit application:
- Fill in the form and upload the application form and documents required or;
- Submit the application form and documents by email at the address given on the website.
Eligible Countries: Kenya, Malawi, Mozambique, Nigeria and Tanzania.
For more information, please visit https://www.edp.com/en/2nd-edition-energy-access-fund