- Grant Amount—$100,000–$250,000
- Deadline – May 11, 2025
- CLICK HERE TO APPLY
Applications are now open for the $250,00 REACT 2.0 Kenya Programme Milestone-Based Grants to target earlier-stage technologies and innovative solutions that require significant upfront investments and are not sufficiently proven to attract more commercial capital.
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The purpose of this intervention is to contribute to the green growth of Kenya, providing low carbon and lower polluting employment opportunities, increased income, enhanced resilience, and a better quality of life.
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Funding Information
- Applicants are expected to submit a funding application (concept note) presenting a project to be funded, explaining how the applicant meets the funding requirements, and stating the funding amount and the proposed project duration.
- The funding range will be determined by the company’s turnover and the business stage of development, as tabulated below.
- Company Size (Turnover, USD): ≤ 200,000
- Business – Stage of Development: Early stage (≥ 2 years of operation)
- Funding Range(USD): 100,000 –250,000
- Maximum duration of the agreement: 4 years.
Eligibility Criteria
- To be eligible for funding, businesses must meet the following criteria:
- Request a grant within the stipulated range.
- Legally registered as a for-profit company (e.g., corporation, LLC, etc.) or a branch/subsidiary of an international forprofit company and physically established in Kenya at the time of awarding of investment by AECF.
- Have been in operation for at least two years, with the ability to produce two years of audited accounts [these could be from the parent company if recently established as a branch/subsidiary in Kenya].
- Compliant with all governmental statutory requirements.
- Pass AECF’s KYC (know your customer), AMT/CFT (anti-money laundering and counter-financing of terrorism), PEP (politically exposed person), and IDD (integrity due diligence) screening.
- Comply with all applicable national laws relating to human rights, labor, and social and environmental management and respect internationally recognized human rights standards, as expressed in the International Bill of Human Rights and the core labor standards established through the International Labor Organization.
- Companies should demonstrate the need and demand for concessional capital.
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