Finovista Investor Pitch & Connect Initiative in Clean Cooking
About the Programme – An Investor Pitching & Connect Initiative in Clean Cooking
Modern Energy Cooking Services (MECS) Programme through its India In-Country Partner – Finovista is organising a first-of-it’s-kind initiative an Investor Pitching & Connect initiative in Clean Cooking. The programme has been supported by the Office of the Principal Scientific Adviser (PSA) to the Government of India. The initiative aims at creating an innovative platform that connects investors with innovators and entrepreneurs in the Modern Energy based clean cooking and unlocks access to private finance for the later.
The program aims to establish a supportive ecosystem for entrepreneurs, empowering them through improved access to finance. It will achieve this by fostering networks, offering training and mentorship, and providing a platform for accessing investment opportunities. Additionally, the program will focus on enhancing the capacity of private investors, impact investors, and other financial institutions by equipping them with knowledge about the clean cooking sector, its prospects, and technical assistance regarding technologies and solutions. By ensuring they have comprehensive information, these stakeholders can make well-informed decisions. Moreover, the program will actively engage with Impact Investors, highlighting the potential social, economic, and environmental advantages associated with clean cooking solutions.
The programme is dedicated to creating a supportive ecosystem that empowers entrepreneurs, enabling them to access finance through robust networks, personalized mentorship, and strategic market connections. It also strives to bolster the capabilities of impact investors, private investors, and financial institutions by equipping them with tailored technical assistance and comprehensive knowledge about the clean cooking sector. This would empower stakeholders to make informed decisions that could have far-reaching benefits for society, economy and environment.
Moreover, this programme is expected to serves as a pivotal starting point in building a sustainable pipeline of both solution companies and investors in the long run. Consequently, India has the potential to emerge as a global hub for clean cooking device solutions, with businesses evolving into solution suppliers for other countries. Notably, the programme welcomes participation from all nationalities in india through its virtual platform.
Program Benefits
The objective is to leverage private capital to support innovative clean cooking solutions and services. Eligible ideas and businesses must have a clear and viable business model, as well as the potential for scalability.
Eligibility
The Investor Pitching & Connect initiative is open to all Companies, SMEs, Startups and Innovators coming from India involved in the design, manufacturing, supply-chain, marketing, funding and PayGo of modern energy cooking products, solutions and services. The solutions can be in any stage of Ideation, Pilot and Scaleup.
Notably, the program does not support Companies, SMEs, Startups or Innovators involved in biomass and firewood based solutions/technologies.
To learn more and apply, click here.
