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Home Business Innovation

UNIDO unveils Global Cleantech Innovation Program

Saibu Grace by Saibu Grace
June 26, 2024
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The Global Climate Fund (GCF), the Global Environment Facility (GEF), and the United Nations Industrial Development Organisation (UNIDO) collaborate to lead the GCIP programme.

GCIP encourages cleantech innovation and entrepreneurship in emerging markets and developing nations to address climate issues and promote sustainable development.

Global Cleantech Innovation Programme (GCIP) promotes innovation and entrepreneurship in emerging markets and developing economies to address climate and environmental challenges.

Read also: GCIP Nigeria celebrates Cleantech Innovators

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Nigeria, UNIDO, GEF Partner To Meet Clean Energy, Climate Action SDGs

GCIP supports start-ups and small and medium-sized enterprises (SMEs) with innovative cleantech ideas in establishing and upscaling robust business models.

GCIP Fosters Innovation to create a thriving funding economy

Besides providing funding for innovative clean technologies, the Global Cleantech Innovation Programme (GCIP) cultivates a robust entrepreneurship ecosystem.

By doing this, it fosters an atmosphere that allows SMEs and start-ups to flourish, innovate, and increase the impact of their work. GCIP encourages partnerships between public and private sector players, including government agencies, investors, business executives, and academic institutions.

It also promotes mentorship, resource expertise access, and knowledge exchange and fosters an environment that values experimentation, risk-taking, and innovation.

Furthermore, GCIP encourages the creation of institutions and regulations that promote innovation and entrepreneurship.

GCIP guarantees the long-term sustainability of its interventions by fostering collaborations and bolstering entrepreneurship ecosystems, resulting in a long-lasting effect on the environment and the cleantech industry.

GCIP encourages Startups and SMEs at the Early stage

GCIP’s primary beneficiaries are early-stage start-ups and SMEs developing innovative clean technologies. These innovators tackle various sectors, including energy efficiency, renewable energy, and waste beneficiation.

GCIP also supports innovators in improving water efficiency, developing sustainable building materials, and creating green architecture solutions. Additionally, they support transportation innovators working on electric, hybrid, or alternative fuel vehicles and sustainable infrastructure.

Read also: Nigerian cleantech startups shine in the global scene

These start-ups and SMEs are developing groundbreaking solutions to reduce environmental impact. GCIP’s support enables them to develop and scale up their innovative cleantech solutions, driving economic growth and a sustainable future.

Along with supporting industry associations, Research and development organisations, national government agencies in partner nations, and other parties engaged in creating cleantech innovation and entrepreneurship ecosystems, GCIP also offers guidance to these entities.

Note Deadline: The Global Cleantech Innovation Programme (GCIP) will accept applications until July 14, 2024, at 23:59 CEST. This implies that innovative and entrepreneurial individuals must submit their applications by this date to be considered for the programme. Since the GCIP is a competitive programme, applicants are advised that their application is complete to maximise their chances of being chosen.

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Saibu Grace

Saibu Grace

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