Private Sector Foundation Uganda (PSFU) in partnership with GIZ Energising Development (EnDev) Uganda started a project to support the off-grid solar and cook stove sectors to survive the COVID-19 crisis and increase resilience. GIZ was commissioned by Federal Ministry for Economic Cooperation and Development (BMZ) and engaged Private Sector Foundation Uganda to implement this project. The Fund will run from November 2020 – March 2021
PROJECT GOALS AND STRATEGY
To support the cooking energy and off-grid solar sector to survive the COVID-19 crisis and increase their resilience to external shocks.
For COVID-19 Economic Relief Fund for the off-grid solar and cook stove sector
The COVID Economic Relief Fund aims at providing bridging support to solar and cook stove companies as well as to PAYGO customers a) to help maintain current levels of access to energy, b) to support companies to survive the crisis and c) to build resilience for future challenges. The Fund will run from November 2020 – March 2021
Description of the Fund windows:
- COVID-19 Relief – to mitigate loss of energy access in Ugandan households and the losses of energy access companies in times of COVID-19 by temporarily covering the payments of installments for PAYG customers and covering companies’ expenditures;
- Boost Resilience – to give companies the opportunity and funding to do investments into their company infrastructure for production and distribution as well as other areas that supports upgrading their mid- to long-term resilience
- Training Upgrade – to pay Associations and other training entities in the energy sector fees for the participation of energy company staff. These trainings will have to comply with the SOP of the GoU or be virtual altogether.
Companies and institutions can apply for support in the range of EUR 15,000 to EUR 100,000. The application of the company has to detail the activities and services the financial support is required for. The Fund Manager will revise proposals of the companies and institutions and decide upon eligibility of products and services that can be financed. The overall budget per company will be defined accordingly.
HOW TO APPLY
Click the link to download the document application form (116 KB)