Accelerator for Clean and Green in Cairo

The African Development Bank Group (AfDB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).

Request for Expressions of Interest

The Arab republic of Egypt has received financing from the Multi-Donor Trust Fund for Countries in Transition (TFT) through the African Development Bank toward the cost of the “Tanmia wa Tatweer – Egypt’s Entrepreneurship Development Project”, and intends to apply part of the agreed amount for this grant to payments under the contract for “Accelerator for Clean and Green in Cairo”.

The purpose of these Terms of Reference is to recruit a consultancy firm/service provider that is capable of designing and implementing an Acceleration Services Program to support existing and registered start-ups in their growth trajectory, operating in the clean and green sector within Greater Cairo. The consultancy firm/service provider is expected to provide support in the form of technical, administrative, managerial, business, financial and legal coaching and mentoring program that will enhance the start-up growth potential, enrich its innovation dimension, and refine its business model to boost operational and financial readiness for raising additional capital.

The Academy for Scientific Research and Technology (ASRT), Tanmia wa Tatweer – Egypt’s Entrepreneurship Development Project (TWT), now invites eligible firm consultants (NGOs, private sector firms, accelerators and similar entities) to indicate their interest in providing these services. Interested consultants must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.). Consultants may constitute joint-ventures to enhance their chances of qualification. The shortlisted criteria are:

1. Demonstrated previous experience in Accelerator Programs.
2. Well-reputed service providers with good track record. Evidence provided on reputation and success stories will be needed to get priority.
3. Use of innovative, creative and youth-friendly techniques.
4. Access to location and fabrication/design lab suitable for Clean and Green Accelerator in Greater Cairo.
5. Access to wider community, including investors, technical and industrial stakeholders.
6. Key Experts to have previous experience working with start-ups is a must (evidence will be required).
7. Presenting a solid accelerator model with an appropriate time line and within budget.
8. Strong marketing, communications and outreach using print, electronic means and social media.
9. Strong understanding of monitoring and evaluation methodologies and an ability to conduct/assist in data collection and analysis.
10. International candidates should be acquainted with Egyptian and regional entrepreneurial ecosystem, relevant laws and regulations and demonstrate regional experience in the clean and green business.