Deadline: 10-Jul-23

Finovista, the Indian In-Country Partner of the Modern Energy Cooking Services (MECS) Programme, has launched a groundbreaking global platform, Investor Pitching & Connect in Clean Cooking 2023.

This pioneering initiative aims to establish a transformative platform that bridges the divide between investors and trailblazing innovators and entrepreneurs in the field of clean cooking. Its ultimate mission is to unlock private finance opportunities and facilitate seamless access to funding for these visionary ventures.

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 worldwide through its virtual platform.

Objective

• 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.

Thematic Areas

• e Cooking
• Solar powered cooking
• Hydrogen and Biogas based cooking
• LPG / PNG
• Other modern energy based cooking

Opportunities

• The programme provides opportunities for startups and SMEs to connect with potential investors and explore additional funding partnerships. Further Profiling / Coffee table Book will be shared widely with the global clean cooking ecosystem and develop the community around it.

Outcomes

• Fundraising support
• Networking
• Business support
• Innovation support
• Trainings
• Mentoring

Eligibility Criteria

• The Investor Pitching & Connect 2023 is open to all Companies, SMEs, Startups and Innovators from anywhere in world 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.
• Workshops, training, and mentoring provided as part of the programme will be free of charge for the selected participants.
• Applicants can submit multiple applications, as long as each application features a distinct problem statement, technology, process, geography, or target market.
• A total of 20 applications will be selected for the Investor Pitching and Connect 2023, representing startups and SMEs at various stages of enterprise development.

For more information, visit Finovista.