NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Over the past decade Africa has experienced significant economic growth in most cases above the global average. However, these same economies are now going through a period of uncertainty. This summit will explore how African economies can innovate and navigate effectively through these uncertain times.

Discover innovation enablers and discuss innovative solutions for a broad range of issues—from poor infrastructure—to growing youth population—and from high rates of urbanisation to the lack of manpower development skills.

Unconvention is Villgro’s platform to seek out and nurture social enterprises, and grow the social enterprise movement all over India. Since 2009, the Unconvention platform has supported thousands of entrepreneurs through 38 events, which have seen 120 pitches, 3200 attendees, 75 partners, 100+ speakers and more.

At our smaller, more focussed Unconvention Speaker Series events, you get to hear from the experts on specific issues pertaining to early-stage social startups, such as using a business model canvas, legal compliance, understanding a term-sheet, fundraising, and more.

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Have an idea to start a business with a social impact? Are you ready to start your social good?

Under the Scaling Off-Grid Energy Grand Challenge for Development, the U.S. Agency for International Development (USAID) is announcing a new funding opportunity designed to increase private-sector investment in the household solar market.  Under this funding window, USAID will support innovative technology solutions and business models across the household solar value chain in sub-Saharan Africa. USAID may provide up to $4 million in matching funds, with estimated grant awards ranging from $500,000 to $1,500,000. Concept papers will be accepted on a rolling basis between February 2017 and April 30, 2017.

2:1 private investor match

Applicants must demonstrate a financial commitment from a private investor (equity or debt) that is at least twice the funding requested from USAID. For example, under an award, if an investor commits $1 million in funding, USAID could award $500,000. Preference will be given to higher ratios of demonstrated investor commitment to proposed USAID funding.

Innovation and market impact

Applicants should be developing and scaling innovative solutions that will have broad reach across the sub-Saharan household solar market with the potential for high market impact. Note: Companies distributing pico-solar products such as lanterns are not eligible under this announcement.

Company growth stage

Enterprises should be early stage or early-growth stage, with an existing track record in one or more African markets.

Geographic focus

Applicant should be operating in one or more markets across sub-Saharan Africa.