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1 Introduction 2 Competition Guidelines 3 Selection Criteria 4 Timeline 5 Coaches 6 Judging Panel 7 Awards 8 Frequently Asked Questions 9 Organizers 10 Application Form 1 2 3 4 5 6 7 8 9 10 Applications must be received by midnight CAT on 13 th April 2014 CTI PFAN Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition

(AFRICEF-3) Business Plan Competition · environmentally beneficial business proposals with the aim of linking them with investment and finance and making them happen. Once you are

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Page 1: (AFRICEF-3) Business Plan Competition · environmentally beneficial business proposals with the aim of linking them with investment and finance and making them happen. Once you are

1 Introduction

2 Competition Guidelines

3 Selection Criteria

4 Timeline

5 Coaches

6 Judging Panel

7 Awards

8 Frequently Asked Questions

9 Organizers

10 Application Form

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Applications must be received by midnight CAT on 13th April 2014

CTI PFAN Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition

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CTI PFAN Africa Forum for Clean Energy Financing

Sponsors and Organizers

Co-Organizers

Managed by:

Funding Sponsors:

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CTI PFAN Africa Forum for Clean Energy Financing

1. Introduction“The world is not on track to realize the benefits of a low-carbon energy system – to limit long term temperature rises to 2 degrees centigrade. Progress remains alarmingly slow for a majority of technologies that could save energy and reduce CO2 emissions. And yet, positive examples exist and we can learn from them”. Maria van der Hoeven, Executive Director of the International Energy Agency (IEA), New Delhi, April 2013

We believe there are many who have the same passion for the environment as we do. Individuals who not only possess bright and innovative ideas that can shape the environmental future of tomorrow

but have the determination to carry these ideas out into completion. That person could be you!

The CTI PFAN Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition, promoted by the Climate Technology Initiative (CTI) and its Private Financing Advisory Network (CTI PFAN), the Renewable Energy and Energy Efficiency Partnership (REEEP), United States Agency for International Development (USAID) and the International Center for Environmental Technology Transfer (ICETT), seeks to nurture entrepreneurs, start-up and existing companies, project teams and consortia with environmentally beneficial business proposals with the aim of linking them with investment and finance and making them happen.

Once you are short-listed for AFRICEF-3 Business Plan Competition, you will receive coaching from professional experts, who will help you to create a financially, socially and environmentally viable business plan. This Business Plan is your key to unlocking investment. After the coaching process, the Finalists selected from the short-listed projects will be invited to the Financing Forum in Johannesburg where you will have the opportunity to present your plan to invited investors to source the financing that you need. In addition, a panel of judges, made up of investors, industry specialists and business executives who have a keen interest in enabling cleaner and greener projects will select the best projects for the CTI PFAN Africa Clean Energy Financing Awards.

Through this process it is our aim to facilitate a marriage between entrepreneurs, their ideas and projects and investment. So take your ideas to the next level and grab this opportunity to see your business proposals transform into business reality.

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CTI PFAN Africa Forum for Clean Energy Financing

2. Competition GuidelinesEligibilityAFRICEF-3 is open to projects from all African countries, except ECOWAS states, with the main focus being on Southern, East and Central Africa.

Projects from ECOWAS countries are not eligible for AFRICEF-3 (they come under the West Africa Forum - WAFCEF, a second cycle of which is expected to be launched during 2014).

Focus of Projects that will be consideredThe project must promote or use clean energy technologies, products or services; these include for example:

‐ Biomass ‐ Forestry

‐ Biogas ‐ Rural Electrification

‐ Bio‐fuels ‐ Distributed & Off‐grid Generation

‐ Solar ‐ Energy Storage & Conservation

‐ Wind ‐ Energy Efficiency

‐ Geothermal ‐ Waste to Energy

‐ Hydropower ‐ Emissions Reduction

‐ Tidal / Ocean ‐ Clean Transport

Investment AmountBusiness opportunities that require total (initial) capital in excess of US$1 million (or any currency equivalent) will be considered.

Proposals seeking primarily grant funding are not eligible and will not be considered, though the investment proposal may include elements of grant, donor and / or subsidized funding to enhance the overall investment proposition.

Acceptable ProposalsProposals eligible for the Competition, may include, but are not limited to:

• Greenfield & brownfield utility projects and distributed generation projects

• New business ventures (including for marketing & distribution of clean technologies)

• Downstream projects: deployment of an existing clean technology

• Upstream technology development: development and commercialization of a new clean technology

• Merger, acquisition or joint venture which will add value to an existing / current clean energy / technology business

Proposals must plausibly demonstrate that the project is commercially and technically viable.

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CTI PFAN Africa Forum for Clean Energy Financing

We advise applicants to structure their proposals taking into consideration the selection and scoring criteria as provided in Section 3.

Proprietary Information and ConfidentialityThe organizers respect the confidentiality of all participants’ business concepts and plans. Business concepts, overviews and plans will not be copied for any purposes other than use in the Business Plan Competition. The judges also recognize the sensitivity of the materials being presented and undertake that they are bound by the same considerations of confidentiality.

Teams may choose to include the following optional disclaimer on the cover sheet of their submissions, recognizing that it is not a legally binding agreement:

“This business plan is confidential and is presented solely for the purpose of evaluation in the CTI PFAN Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition. This plan may not be reproduced or redistributed in whole or in part. By accepting a copy of this plan, the recipient agrees not to reproduce or disclose the contents of this plan to third parties without the prior written consent of its authors.“

Prospective participants in the CTI PFAN Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition may ask that confidentiality agreements be secured from coaches, organizers and / or judges. While the organizers of the AFRICEF-3 appreciate the concerns behind these requests, as a matter of convention and practicality, confidentiality agreements are not signed as part of the AFRICEF-3.

Submission of Applications and Supporting MaterialAll submissions are to be made in electronic format. Consideration should be given to the size of individual files to ensure ease of transmission. To increase information security and authenticity, files should, where possible, be submitted in PDF format and financial models as an annex to the Project Proposal document in Excel format.

The Application Consists of:

• The completed Application Form (as a PDF file)

• The Project Proposal as a Word or PDF file; Financial Models as Excel Files

• The completed Project Data Sheet (as an Excel sheet)

Please note the Proposal Document should not exceed 20 pages including the cover page, contents, charts, and tables. Shorter documents are preferable to longer ones. Page setup, spacing, font size and type face are at your discretion but the document should be reader friendly. A maximum of 3 annexes may be used to provide additional information (eg the cash flow model) provided that these do not exceed a further 10 pages of written information or the combined data volume limit. The total data volume of all files submitted to CTI PFAN (Project Proposal + Annexes + Project Data Sheet + Application Form) should not exceed 20 MB. Templates for the project proposal document can be downloaded at http://www.cti-pfan.net/events_detail.php?eventsid=65.

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NO. ASSESSMENT CRITERIA WEIGHTING

1

Value Proposition & Business Model:• Is the underlying project / business rationale clearly stated?• Is the investment proposition clearly stated? • Is the project / business commercially feasible & profitable?• Is the business / project model clearly described? • Is the proposition attractive to investors?

15%

2

Market Understanding and Analysis:• Identification of the market segment•Analysis and knowledge of the market size, trends, barriers and

prospects•Description of the project’s competitive strategy, strengths and

weaknesses

10%

3

Management Team:• Experience and track record of the team• Is the team capable of delivering the project•Are solutions provided for potential management gaps

10%

4

Operations & Implementation Plan:•Construction and implementation of the value chain• Inbound and outbound logistics•Analysis of the activities necessary to transform the inputs /

activities into the final project / product / service

10%

5

Financials:•Overview of capital expenditure, revenue and cost• Explanation of assumptions•Proposed financing structure• Financial projections and scenario analysis• Exit plans•Do the financials mirror the verbal projections of the plan?

15%

6Risk Mitigation:•Are the principal risks and appropriate mitigation strategies

identified?10%

7

Environmental & Developmental Benefits:•Reduction of GHG•Other environmental & developmental benefits (job creation,

health, etc.)

10%

CTI PFAN Africa Forum for Clean Energy Financing

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CTI PFAN Africa Forum for Clean Energy Financing

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Initial Selection: Project Proposal Submission Of all the applications received, around 20 projects will be short-listed based on the following Assessment Criteria to receive free coaching on project development and further structuring, design and presentation of their business plans.

3. Selection Criteria

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CTI PFAN Africa Forum for Clean Energy Financing

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CTI PFAN Africa Forum for Clean Energy Financing

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NO. ASSESSMENT CRITERIA WEIGHTING

8Project Maturity:•How mature is the project? How soon can it be implemented?•What has already been achieved?

5%

9Growth / Replication Potential:• Is the business model scalable? Does it demonstrate the potential for organic growth or replication?

5%

10 Technological, Product or Service Innovation 5%

11Professionalism and Presentation:• Structure & presentation of document• Easy to read and comprehend

5%

TOTAL 100%

The initial assessment does not judge teams based on how complete the proposal is. It will be judged more on the potential for success. Attention will be paid to identifying proposals which are technically feasible but have yet to develop a strong business angle. The same goes for business plans that seem less professional but which might actually have potential given adequate support.

Second Selection: First Draft of Business Plan The selected projects will attend Project Development & Financing Workshops and will receive free professional coaching on further development of their business plan. The coaching will be designed to focus on the specific requirements of each selected project with a view to preparing projects for the Forum.

During the coaching period and after the Project Development & Financing Workshops each team will be required to submit the first draft of their Business Plan and the assigned coaches will make a recommendation as to whether each project is ready and suitable for presentation at the Forum.

Based on assessment of the first draft Business Plan and the coaches’ recommendations, projects will be further categorized as Finalists or Semi-finalists. Only the selected Finalist project teams will be entitled to make presentations of their projects at the Forum to the assembled investors and panel judges. The Semi-finalist project teams will however continue to receive coaching to further develop their business plan and be profiled at the Forum.

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CTI PFAN Africa Forum for Clean Energy Financing

This portion of assessment would judge teams based on a critical review of the business plan considering amongst others issues whether it:

• is thoroughly prepared,• is financially attractive,• has identified a strong market demand for the business,• shows a competitive advantage in the market,• demonstrates a strong, committed management team and / or a clear recognition of what will

be needed,• has a sound investment structure, with potential exit strategies for investors,• is well thought out in terms of risk / threats and opportunities involved

NO. ASSESSMENT CRITERIA WEIGHTING

1 Value Proposition & Business Plan 10%

2 Readiness for Implementation 10%

3 Market Analysis and Competitive Advantage 10%

4 Management Capability 15%

5 Technical & Operational Feasibility 15%

6 Economic Attractiveness 15%

7 Risk Mitigation 15%

8 Overall Impression 10%

Total 100%

The selection criteria for the selection of the Finalist projects are as follows:

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CTI PFAN Africa Forum for Clean Energy Financing

NO. ASSESSMENT CRITERIA

1 Definition and knowledge of the market

2Definition of products or services- Value proposition- Innovation & IP

3 Credibility of Revenue Generating Strategy / Growth Strategy

4Credibility of Management & Achievability of Implementation Plan (Marketing Plan and Operations Strategy)

5

Achievability / Credibility of Financial Projections- Credibility of capital expenditure & assumptions- Achievability of projected revenues- Reality of scenario analysis

6

Identification, enforcement and protection of Competitive Advantage- Identification of chief threats and opportunities- Protection of IP where applicable‐ Awareness of the competition

7 Suitability & Effectiveness of Risk Mitigation Strategies

8 Focus on Critical Elements for Success of Business / Project

9 Environmental Impact & other Developmental Benefits

10 Definition and Potential of Investor Exit Strategy

Final Selection: Business Plan Presentation at the ForumUp to 10 Finalist project teams will be given the opportunity to make an investor pitch presentation at the Forum in front of specially assembled investors, financiers and the expert judging panel. The following assessment criteria will be used by the judging panel in selecting the best projects and making the awards. The judging panel will give scores 1-10 for each assessment criteria.

The panel of judges will be provided with a copy of the business plan some days ahead of the Forum for advanced review and preparation. The judging of the competition will however be based largely on the presentation and its immediate impact. After each presentation there will be a round of Q&A from the judges.

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Stage Deliverables Submission

1. Application & Initial Selection Application Form, Project Proposal & Project Data Sheet 13 Apr 2014

2. Coaching, Business Plan Presentation & Finalist Selection

Presentation slides for the Project Development & Financing Workshop

30 Jun 2014

1st Draft of Business Plan 18 Aug 2014

2nd Draft of Business Plan, Executive Summary & Updated Project Data Sheet

The feedback to be provided by 3 Oct 2014

28 Sep 2014

Draft of Presentation Slides for the Financing Forum 13 Oct 2014

3. Financing Forum Final Draft of Business Plan, Executive Summary & Final Project Data Sheet

31 Oct 2014

Presentation Slides for Preparatory Workshop 9 Nov 2014

Final Presentation Slides for the Financing Forum 13 Nov 2014

The Initial Selection results to be announced by 16 May 2014

The Second Selection results to be announced by 5 Sep 2014

The Award Winner Selection to be announced at the Financing Forum on 13 Nov 2014

The feedback to be provided by 22 Oct 2014

CTI PFAN Africa Forum for Clean Energy Financing

4. Timeline

Stage 1: Project Proposal SubmissionThe submission of the Application to Participate together with the Project Proposal and Excel Project Data Sheet must be made by Midnight (Central Africa Time) on Sunday 13th April 2014 to [email protected] Application Form, templates for the Project Data Sheet as well as guidelines for the preparation of the Project Proposal are available at http://www.cti-pfan.net/events_detail.php?eventsid=65.

Participants selected to advance into the next round will be notified by 16th May 2014. Immediately following this notification, organizers will work with the selected participants to arrange the agreed coaching support for the next stage of the competition.

Stage 2: Coaching, Business Plan Presentation at the Project Development & Financing Workshop, & Finalist SelectionIn this stage of business plan guidance, the assigned CTI PFAN Coaches will assist the project teams in preparing an investor ready business plan. This support, up to four working days (32 hours) in total, will be provided at no cost to the project teams.

The timeline of the competition is divided into 3 stages:

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CTI PFAN Africa Forum for Clean Energy Financing

Additionally Project Development & Financing Workshop will be held at the beginning of July 2014 for all selected participants to provide expert input and advice in a group environment. Guidelines for the presentation of the Business Plan will be made available at the Project Development & Financing Workshop.

Project Development & Financing Workshops

Short-listed project teams will be entitled to attend the Project Development & Financing Workshops as provisionally scheduled on the following dates.

• South Africa: 1st July 2014• East Africa: 3rd July 2014

Participation in the Workshops will be free for one of the team members of all short-listed project teams.

Finalist Selection

By COB (Central Africa Time) on Monday 18th August 2014, the short-listed teams are expected to have developed an initial (first draft) business plan that would at least detail the following items:1. Value Proposition and Business Model2. Market3. Team4. Operations / Implementation5. Financials6. Risk Mitigation7. Exit Strategy

Guidelines for the presentation of the Business Plan will be made available at the Project Development & Financing Workshops.

Based on the submitted Business Plans and recommendations by the assigned CTI PFAN Coaches, up to 10 teams will be selected to proceed to the final stage - Financing Forum. The feedback from the assessment of the submitted business plans by the CTI PFAN AFRICEF-3 Coordinators will be provided to all short-listed teams. Those who are selected as Finalists will be invited to present their ideas to specially convened investors and an expert judging panel at the Financing Forum in Johannesburg. This will include an expense paid trip to Johannesburg including accommodation and travel cost for one team member. The short-listed teams will continue to receive coaching up to the day of the Forum.

By COB (Central Africa Time) on Sunday 28th September 2014, the Finalist teams are expected to have developed the second draft of Business Plan, 2-3 pages Executive Summary as a stand-alone document and Project Data Sheet, which shall be sent to the CTI PFAN AFRICEF-3 Coordinators for assessment. The feedback from the Coordinators will be shared with the respective teams on the 3rd October 2014.

The Final draft of Business Plan, stand-alone Executive Summary and Project Data Sheet will be due on Friday 31st October 2014. This Business Plan and stand-alone Executive Summary shall be sent to a panel of judges for assessment on 4th November 2014.

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CTI PFAN Africa Forum for Clean Energy Financing

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CTI PFAN Africa Forum for Clean Energy Financing

Stage 3: Financing ForumThe outline program of the Forum in Johannesburg on 11th and 13th November 2014 is as follows:

Day 1 - 11th: Preparatory WorkshopThe first day will consist of a Workshop at which it is anticipated that the Finalists will work to put the finishing touches on their investor pitch presentations. The Workshop will be led by the CTI PFAN Coaches and investment experts and there will be opportunity for mock presentations / dry runs in preparation for the formal presentations on 13th November 2014.

Day 2 - 13th: Financing ForumThe intention is that a number of interested investors will be invited to join the Financing Forum and each Finalist will be given the opportunity to make a 15-minute presentation. This presentation will be in front of interested investors and a panel of judges who will choose the winner of the CTI PFAN Africa Clean Energy Financing Award. The results of the deliberation will be announced and the Award will be presented at the post-Forum reception.

All teams that have taken part in the Forum will be invited to participate in the reception where com-petitors and investors can continue to interact informally.

Note: Travel, accommodation and participation costs for one of the team members to attend the Project Development & Financing Workshops and the Financing Forum will be borne by the organizers. Travel support can only be provided to project team members (starting their journey) from within one of the AFRICEF-3 eligible African countries.

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7. The AwardsThe CTI PFAN Africa Clean Energy Financing Awards will be made to the 3 projects adjudged by the panel of judges to have best met the assessment criteria. It is anticipated that all project teams participating in the Forum will continue to receive CTI PFAN support in promoting their business plans and securing investment and be inducted into the CTI PFAN development pipeline accordingly.

In addition the 3 award winners will receive further intensive one-on-one coaching in progressing their business plans towards financial close, accessing investors and deal facilitation and to these ends will be showcased at other forums and events of CTI PFAN, the Sponsors and Co-Organizers.

5. CoachesShort-listed teams will be offered:• One-on-one coaching up to an agreed time (expected not to exceed 4 days in total) / monetary value

as negotiated between the organizers and the nominated coaches.

• Coaching will be provided by industry experts, consultants and advisors who are members of the CTI PFAN Network (see www.cti-pfan.net). The nominated coaches have extensive experience in providing such services within the clean energy markets internationally and in Africa.

• Coaching input will be provided by e-mail and telephone exchange between the parties but funding is available to ensure that face to face meetings will be possible during Stages 2 & 3 of the Business Plan Competition. In addition group coaching will be provided through the Project Development & Financing Workshops.

6. Judging PanelThe judging panel will consist of industry experts, investors and financiers chosen from and familiar with the local business environment of the projects. To ensure suitability and objectivity of the judges and avoid possible conflicts of interest the judging panel will only be nominated and announced after selection of the projects for the Business Plan Competition.

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CTI PFAN Africa Forum for Clean Energy Financing

8. Frequently Asked Questions1. How is the AFRICEF-3 Business Plan Competition being organized?

• The CTI PFAN Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition is being funded by a number of groups including CTI, CTI PFAN, REEEP, USAID & ICETT. As Global Coordinator / African Coordinator of CTI PFAN, PPL International (PPL) has been engaged by CTI/ICETT to manage the call for proposals and the evaluation under Stages 1 and 2. PPL will also work with participants to identify and engage suitable mentoring support.

• The evaluation of the project proposal, business plans and other submitted documents will be supported by members of the CTI PFAN Network and others drawn from the industry within the region and internationally. A number of these individuals are expected to provide mentoring for participants in the competition. CTI/ICETT will give final approval on the Finalists for each stage based in recommendations from the evaluation team led by PPL.

• The Financing Forum to be held in Johannesburg will be organized in cooperation with a number of local partners, including Development Bank of Southern Africa (DBSA), East African Development Bank (EADB), Rural Electrification Agency of Uganda (REA), South African National Energy Development Institute (SANEDI), the Private Sector Foundation Uganda (PSFU), Tanzania Renewable Energy Association (TAREA), Energy Private Developers Association of Rwanda (EPD) The Private Sector Federation of Rwanda (PSF), the Development Bank of Ethiopia (DBE), the Greening Kenya Initiative (GKI) and African Development Bank (AfDB) through its Sustainable Energy Fund for Africa (SEFA).

• A panel of up to 5 judges will hear each of the presentations on the second day of the Forum and will decide amongst themselves which should receive the CTI PFAN Africa Clean Energy Financing Award.

2. Is there a guideline for preparation of the Project Proposal?

Yes. Please go to http://www.cti-pfan.net/events_detail.php?eventsid=65 for detailed guidelines.

• Project Proposal Guidelines

• Business Plan Guidelines

3. How will mentoring / coaching support services be arranged and funded?

The needs of each qualifying project team will be reviewed with the organizers and an appropriate coaching package agreed. The payment for these services will be made directly by the organizers to the provider / nominated coach.

4. Who is responsible for the team’s expenses and traveling costs?

• All costs for the preparation, submission and correspondence related to application and participation in the AFRICEF-3 will be at the respective project team’s own expense.

• Pre-agreed third party costs for coaching / mentoring will be supported as outlined in 3 above.

• Travel and accommodation costs for those invited to attend the Johannesburg Forum and where applicable the Project Development & Financing Workshops will be arranged by the organizers in consultation with the Short-listed project teams.

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• In the case of both the Project Development & Financing Workshops and the Forum travel support can only be provided to project team members (starting their journey) from within an eligible AFRICEF-3 country.

5. What are the benefits of participation in the Business Plan Competition?• For those who qualify for Stage 2, there will be free coaching, mentoring and support provided to

assist in bringing your business plan to a stage where it is of a high quality and ready for presentation to potential investors.

• Those involved in the coaching and mentoring have significant experience in this market and in particular in assisting in the preparation and presentation of business plans and sourcing investments. This experience will be available to all participants.

• You will receive free expert inside guidance, input and insight into the development and presentation of your proposal / business plan.

• Day 2 of the Forum will bring together a range of investors who are active in the clean energy sector in Africa. This will provide an opportunity for one on one contact to explore possible financing for your business. As a result of the presentations the organizers will facilitate follow up meetings with Investors as appropriate and required.

• All project proposals submitted to the Business Plan Competition will be considered for induction into the CTI PFAN development pipeline. Such projects will be provided ongoing support and advice on the development and presentation of their business plans and will be profiled among the CTI PFAN investor networks.

6. Can other modes of presentation be used to support the business plan?

You may choose to use video or any other form of appropriate presentation media (within reason and logistical availability) to support your business plan under Stage 2. The final presentation in front of the judges at the Johannesburg Forum is, however, limited in time and much of their evaluation will be on your success in convincing them of the credibility of your business plan. As such you should carefully consider the format and timing of your presentation and it is expected that you would only use a limited number of PowerPoint slides (and other media) to reinforce your presentation.

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9. OrganizersListed are the profiles of the co-organizing committee involved in putting together this competition:

Climate Technology Initiative (CTI) is a multilateral initiative, currently functioning as an implementing agreement under the International Energy Agency, bringing together Australia, Austria, Canada, Finland, Germany, Japan, Norway, the Republic of Korea, Sweden, the United Kingdom and the United States. CTI fosters international cooperation in the accelerated development and diffusion of climate-friendly and environmentally sound technologies and practices. www.climatetech.net

Climate Technology Initiative Private Financing Advisory Network (CTI PFAN) is a multilateral, public private partnership initiated by the CTI in cooperation with the UNFCCC Expert Group on Technology Transfer. CTI PFAN was established to bridge the gap that exists between investors and financiers on the one hand, and entrepreneurs and project developers on the other. CTI PFAN targets clean energy projects that may be suitable for private sector finance at an early stage and then acts as a project financing coaching and consultancy service to guide such projects to bankability and financial closure. www.cti-pfan. net

United States Agency for International Development (USAID) promotes long‐term and equitable economic growth by supporting economic growth, agriculture and trade, including sustainable energy initiatives; global health; and democracy, conflict prevention and humanitarian assistance. USAID supports CTI PFAN through its Bureau for Economic Growth, Education and the Environment (E3) in Washington, DC, as well as its Regional Development Mission for Asia (RDMA) based in Bangkok, Thailand. www.usaid.gov

The Renewable Energy and Energy Efficiency Partnership (REEEP) is an international multi stakeholder partnership which aims to accelerate the market for renewable energy and energy efficiency. REEEP is a non-profit, specialist change agent, with a primary focus on emerging markets and developing countries. REEEP initiates and funds projects with targeted interventions in two specific areas that offer the greatest potential for developing the market for sustainable energy: assisting governments in creating favorable regulatory and policy frameworks and promoting innovative finance and business models to activate the private sector. REEEP provides funding support for CTI PFAN activities in South Africa, Mozambique and Uganda. www.reeep.org and www.reegle.info

The International Center for Environmental Technology Transfer (ICETT), established in1990 by Mie Prefecture and Yokkaichi City with the active support of the Japanese national government, industries and academic circles, is contributing to international environmental conservation efforts by transferring Japan’s accumulated technological and administrative know-how and experiences to developing countries, with an emphasis on meeting specific needs in each country. ICETT is the CTI secretariat and provides administrative and logistical support to CTI PFAN globally. www.icett.or.jp/english/index.html

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PPL International is an independent financing advisor specializing in structuring projects and raising finance and investment for clean & renewable energy projects in developing countries. PPL works in Africa, Asia and the CIS and Eastern Europe. PPL is Global and African Coordinator of CTI PFAN. www.ppl-int.com

AFRICEF-3 is being co-organized by the following organizations:

• Development Bank of Southern Africa (DBSA)

• East African Development Bank (EADB)

• Rural Electrification Agency of Uganda (REA)

• South African National Energy Development Institute (SANEDI)

• The Private Sector Foundation Uganda (PSFU)

• Tanzania Renewable Energy Association (TAREA)

• Energy Private Developers Association of Rwanda (EPD)

• The Private Sector Federation of Rwanda (PSF)

• Development Bank of Ethiopia (DBE)

• The Greening Kenya Initiative (GKI)

• African Development Bank (AfDB) through its Sustainable Energy Fund for Africa (SEFA)

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For all administration and general matters, please send an email to:

[email protected]

Application for the CTI PFAN Africa Forum for Clean Energy Financing (AFRICEF-3) Business Plan Competition should be made by

13th April 2014 to [email protected]

For more information about the competition details, please contact:

BOBBY [email protected]

CONSTANTINOS [email protected]

AFRICEF-3 Application Form

I/We, hereby indicate our interest to participate in the Africa Forum for Clean Energy Financing (AFRICEF-3) and Business Plan Competition. In submitting this application we acknowledge the general terms and conditions of the Forum and Competition as outlined in the guidelines.

Team / Company Name:

Project Name:

Project Location (incl. Country):

Signed on behalf of the Team / Company

Signature: Date:

Name (Print):

Position Title (Print):