Sponsoring Agency: P4G – Partnering for Green Growth and the Global Goals 2030
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 07/31/2021
Size of the Fund: USD $50,000 to $500,000
P4G – Partnering for Green Growth and the Global Goals 2030 – is now accepting concept notes for high-impact partnerships implementing innovative business models to accelerate achievement of the Sustainable Development Goals.
P4G is a global platform accelerating pioneering green partnerships to build sustainable and resilient economies. These innovative partnerships have the potential to grow and be replicated on a global scale.
P4G partnerships consist of both commercial and non-commercial partners that develop and implement a concept together that is only possible through cross-sector collaboration. P4G accelerates the development of partnerships that will scale their model of change rapidly through P4G support, network engagement, and funding.
The ambition and outcome of each partnership is a commercially viable business model that is implemented in one or more P4G partner countries that are eligible to receive Official Development Assistance (ODA) according to the Organisation for Economic Co-operation and Development’s Development Assistance Committee. For the 2021-22 funding cycle, ODA-eligible P4G partner countries are Bangladesh, Colombia, Ethiopia, Indonesia, Kenya, Mexico, South Africa, and Vietnam.
P4G Partnership Support
P4G provides funding only to partnerships in the start-up and scale-up phases of development and growth.
• Start-up: Promising, early-stage partnerships that need support to test the feasibility of innovative approaches. Start-up partnerships should be on a clear path towards developing a scalable solution.
• Scale-up: Partnerships that are already engaged in promising, business-driven green growth innovations and need support to scale up and accelerate their impact, typically in more than one P4G partner country.
P4G will work with each successful applicant to determine whether it is a start-up or a scale-up, and to determine the level of funding and timing of the grant based on the needs of the partnership. Partnership awards may be up to USD 1 million, typically in the USD 100,000 range for start-ups and more for scale-ups. Cost share is required as follows:
• For partnerships receiving USD 100,000 or less, cost share must be at least 25 percent of the partnership’s total budget.
• For partnerships receiving more than USD 100,000, cost share must be at least 50 percent of the partnership’s total budget.
The P4G funding period ranges from one to two years, usually one year for start-ups and two years for scale-ups, though this may vary depending on the needs of the partnership.
All awarded P4G Partnerships will receive guidance and support from P4G. Each partnership benefits from some combination of these services, tailored to the partnership’s specific needs and path toward commercialization:
• Catalytic Funding: up to USD 1 million
• Co-Creation and Co-Investment: improving the business plan and its implementation and raising the ambition of the partnership, beginning with the selection process and continuing throughout the funding period and possibly beyond.
• Advice: strategic leadership, commercial and financial advice to accelerate the progress of the partnership on its pathway to commercialization
• Network: matchmaking with relevant investors, policymakers and/or non-government organizations who accelerate progress toward the partnership’s goals
• Governance: P4G may have a defined role in the partnership’s governance structure
• Global Recognition: high-level recognition at the global level, elevating the profile of the partnership, including at high-level biennial P4G Summits
• Learning: sharing knowledge and integrating approaches for enhanced impact and replication of successful business models as part of a community of related partnerships.
Eligibility Criteria
Applicants must meet all six eligibility criteria to submit a concept note and be considered for evaluation:
• SDG Impact: Partnership must target significant impact on one or more of P4G’s five SDGs: Zero Hunger (2); Clean Water and Sanitation (6); Affordable and Clean Energy (7); Sustainable Cities and Communities (11); Responsible Consumption and Production (12).
• Start-up or Scale-up: Partnerships must be in either the start-up or the scale-up phase of development. P4G does not support partnerships in the idea generation phase (including concept, research and development, or pilot phase), or in the implementation phase between start-up and scaling.
• Country Focus: Partnership activities must be implemented in and benefit one or more of the P4G partner countries that are eligible for P4G funding: Bangladesh, Colombia, Ethiopia, Indonesia, Kenya, Mexico, South Africa, and Vietnam. Note that P4G funding can be used for activities in other ODA-eligible countries, as long as one (or more) P4G partner country is included.
• Partners: The partnership must include at least one commercial partner (a business or group of businesses) and at least one non-commercial partner (non-governmental organizations, civil society, business member organizations, associations, trade unions, or others that operate on a non-profit basis).
• Innovative: The partnership’s emerging business model must deviate significantly from what has been done before in the country of implementation, with the ability to be a “game changer” in the sector, disruptive to current unsustainable models. The partnership’s work must be “additional” to what is already happening or what would naturally happen in the marketplace. To be eligible for P4G funding, partnerships must not be primarily focused on traditional commercial business development (i.e. expansion of a core business offering), or traditional international development (i.e. programming that bilateral and multilateral funders have traditionally covered).
• Path to Commercial Viability: The business plan for the product or service at the core of the partnership must show potential for future returns on investment. Partnerships focused on technical assistance or intending to remain dependent on grants should not apply.
All applications must be submitted in English. All word and page limits must be strictly followed. Any applications submitted in another language or exceeding any of the word or page limits will not be considered.
More information at: https://p4gpartnerships.org/p4g-call-partnerships
