Global Cleantech Innovation Programme

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Overview of component 1

Component I of Global Cleantech Innovation Programme focuses for early-stage innovative cleantech solutions and acceleration support related to entrepreneurship and business skills training. In addition, targeted technical assistance will be offered to the accelerated SMEs and have traction and sales evidence but still need specialised enterprise growth support. Furthermore, SMEs in the expansion stage will receive tipping-point investment facilitation services to raise investment.
Key responsible Entities: REA & CCHub (NPEEs) with support from NGIN (GEE)

Overview of component 2

Component 2 of the lobal Cleantech Innovation Programme (GCIP) focuses on strengthening the capacities of cleantech innovation and entrepreneurship ecosystem stakeholders and connecting them. Activities are designed to maximise the impact of GCIP by strengthening national cleantech ecosystems of GCIP partner countries, identifying synergies across national ecosystems, and connecting ecosystems for knowledge exchange and partnership building. In addition, at the national child project level, the development of policies and regulations to promote cleantech innovation will be prioritised.
Responsible Entities: FMST (NPEE) with support from CTG

Overview of component 3

Component 3 of Global Cleantech Innovation Programme focuses engage with the GCIP global coordination child project to ensure programme coordination and coherence. In order to maintain coherence and standards of GCIP execution across multiple countries, GCIP guidelines will be developed under the GCIP Global and disseminated as a tool for national child projects for adaptation and adoption.
Responsible Entities: CCHub & UNIDO

Overview of the GCIP Programme

The Global Cleantech Innovation Programme (GCIP) is a program coordinated by the United Nations Industrial Development Organization (UNIDO) and funded by the Global Environment Facility (GEF) to promote cleantech innovation and entrepreneurship in order to address the most critical climate and environmental concerns. GCIP is being implemented in Nigeria in conjunction with the Federal Ministry of Science, Technology and Innovation (FMSTI), Rural Electrification Agency (REA) and Co-Creation Hub (CcHUB).
The broad objective of the program is to incentivize cleantech SMEs and start-ups which have the potential to lead the transition to low-carbon economies to scale up and become market worthy and investment ready enterprises to compete favorably with traditional un-clean technologies widespread in the market, whilst also creating job opportunities and incentivizing social inclusion.
GCIP Nigeria has three components, in line with the GCIP Framework, which has been designed based on the current needs of developing countries and GCIP partner countries, including Nigeria, as well as recommendations from the GEF's independent evaluation of GCIP conducted in 2018 and with feedback from the previous nine GCIP country projects implemented between 2013 and 2019.

Overview of the Incubation Hub

The Rural Electrification Agency incubation hub is a pioneer initiative under the start-up grants aimed at addressing the challenges experienced by start-ups and SME’s in developing their business models and acquiring financing while also seeking to harvest and nurture innovative approaches to rural electrification. The program seeks to create an alternative strategy to foster innovative solutions with a focus on empowering start-up and SMEs with requisite mentorships, trainings and financial assistance to be able to upscale and compete favourably against traditional un-clean technologies currently flooding the energy market.
Additionally, it is expected that SMEs from the incubation hub will advance to compete with other qualified companies from the GCIP booth camp for the UNIDO-GCIP grant. A total amount of $610,000 dollars is provided by UNIDO for REA to design and operationalise a financial mechanism for disbursement to the most innovative solutions selected through a transparent and competitive evaluation process. Out of the total amount of $610,000, $480,000 is to be disbursed to SMEs that qualify through the business, technical, financial, and legal requirements of the project.

The GCIP Component Overview

Component Objective
Transforming Early Stage Innovative clean-tech solutions into commercial enterprises
Component Outcome:
Enterprises are supported through advanced and gender responsive business growth and investment facilitation services
Component Output:
Design and Operationalization of the Financial Mechanism for funds disbursement.
The three components of the GCIP projects are:
1. Focus for early-stage innovative cleantech solutions and acceleration support related to entrepreneurship and business skills training. In addition, targeted technical assistance will be offered to the accelerated SMEs and have traction and sales evidence but still need specialised enterprise growth support. Furthermore, SMEs in the expansion stage will receive tipping-point investment facilitation services to raise investment.
 Responsible Entities: REA & CCHub (NPEEs) with support from NGIN (GEE) 2. Strengthening the capacities of cleantech innovation and entrepreneurship ecosystem stakeholders and connecting them. Activities are designed to maximise the impact of GCIP by strengthening national cleantech ecosystems of GCIP partner countries, identifying synergies across national ecosystems, and connecting ecosystems for knowledge exchange and partnership building. In addition, at the national child project level, the development of policies and regulations to promote cleantech innovation will be prioritised.
 Responsible Entities: FMST (NPEE) with support from CTG 3. Engage with the GCIP global coordination child project to ensure programme coordination and coherence. In order to maintain coherence and standards of GCIP execution across multiple countries, GCIP guidelines will be developed under the GCIP Global and disseminated as a tool for national child projects for adaptation and adoption.
 Responsible Entities: CCHub & UNIDO