Investor Pitch & Connect in Clean Cooking – Awareness Webinar
Modern Energy Cooking Services (MECS) Programme through its India In-Country Partner – Finovista is organizing a first-of-it’s-kind initiative the Investor Pitching & Connect in Clean Cooking. The programme has been supported by the Office of the Principal Scientific Adviser(PSA) to the Government of India.
We are conducting an awareness webinar on 8th August 2023 at 4:00pm IST Virtually. The webinar will explain comprehensively the key facets of the Investor Pitch and Connect initiative in clean cooking and address the queries and concerns of the participants.
The key facets of the programme include:-
• Timelines associated with project submission and commencement • Eligibility criteria • Training processes • Networking opportunities with investors and innovators
Overall, the webinar would serve as an essential resource for individuals and organizations interested in investing in and contributing to the modern energy-based clean cooking field. By expanding on the programme’s opportunities, expectations, timelines, eligibility criteria, and training processes, it empowers participants to actively engage and seize the available investment and funding opportunities to create a positive impact on the clean cooking sector.
Background
2.4 billion People globally lack access to clean cooking, requiring a whopping $10 billion annually. Inadequate funding, lack of sector knowledge, and perceived risks hinder the financial support required by this sector. However, the clean cooking sector has transformed lately with the advancement of new technologies and solutions in clean cooking, a growing recognition of the sector’s importance within the broader clean energy access domain, and the emergence of numerous start-ups, innovators, and small and medium enterprises (SMEs) in the clean cooking sector. As a result, Access to Finance has once again gained prominence as a key focus area within the sector.
About the initiative – Investor Pitching & Connect initiative in Clean Cooking
The initiative aims at creating an innovative platform that connects investors with innovators and entrepreneurs in the Modern Energy based clean cooking and unlock 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.
This programme would act as a starting point for building a sustainable pipeline of both solution companies and investors in the long term. As a result, India may become a key global hub for Clean Cooking device solutions and businesses might grow to be solution suppliers for the other countries.