CookFund Programme: Accelerated Market roll-out of Clean Cooking Solutions in Tanzania
DEADLINE: 17 DEC 22The United Nations Capital Development Fund (UNCDF) is inviting eligible Small and Medium Enterprises (SMEs) and companies which are involved in the clean cooking value chain / technologies to apply for technical and financial assistance to accelerate market roll-out of clean cooking technologies in Programme targeted urban areas/regions.
Financial assistance will mainly focus in addressing enterprises/companies’ undercapitalizations and end-user affordability.
The fund will be disbursed in consecutive rounds until completion during a three-year period with current funding of up to EUR 9.7 million in total. Targets, Incentives and subsidies may be readjusted and recalibrated in the next rounds (guidelines will be modified accordingly) depending on the response of the market to this first round of the call.
The CookFund Programme, funded by the European Union (EU), is a three-year programme (2022 – 2024) that seeks to accelerate market rollout of clean cooking solution in Tanzania mainland, targeting five regions namely Dar es Salaam, Pwani, Morogoro, Dodoma and Mwanza. The Programme is implemented by the United Nations Capital Development Fund (UNCDF) in collaboration with United Nations Industrial Development Organisation (UNIDO). UNCDF is both the Fund Manager and implementor of the Programme.
The main objective (impact) of the programme is to reduce climate change impact in Tanzania by increasing the share of the population with access to sustainable cooking solutions. The specific objective is to increase usage of modern and clean cooking solutions in urban areas for improved environment and inclusive wellbeing of the population. CookFund aims to bridge a critical gap between early-stage support, equity financing and concessional/commercial debt needed to transition to modern, clean cooking at scale.
The size of individual awards will range from €10,000 – €300,000, with a possibility for follow-on funding subject to performance and availability of funding.
Eligible enterprises and companies to be supported by the CookFund programme will be impact oriented small and medium enterprises (SMEs), companies and innovators engaged in commercially driven and environmentally friendly cooking technologies. The funding eligibility will mostly consider businesses and operators with good combination of outreach and end-user affordability, innovation, energy efficient and less carbon emission cooking technologies suitable for roll-out in the programme areas.