Fundraising Tracker
| Name | Type | Priority | Status | Owner | Remarks |
| Arinda Family | Recoverable Grant | High | 1k Contributed | ||
| Kimbowa Family | Recoverable Grant | High | Offered 1k USD, not yet contributed | ||
| Tushabe Family | Recoverable Grant | High | 10k USD Contributed on Dec 1st 2024 |
Added an addition ~1800 USD in October 2025 | |
| Mercy Corp Ventures | Equity |
medium |
Reviewed the deck in May 2025.
Requested to be added to investor newsletter |
Aaron Tushabe | We are no longer pursuing equity funders because as a co-op, we don't have equity to offer. |
| Energy Sector Management Assistance Program - ESMAP (World bank) | Grant | medium | Co-organises the Global Off-Grid Solar Forum & Expo with GOGLA (see GOGLA row). |
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| Recoverable Grant | high | Submitted on October 7th 2025. Not selected for the 2026 Fellowship. |
Aaron Tushabe | 2026 Fellows were announced Sept 1, 2026. |
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| Grant | high | Closed for 2025, planning to apply for 2026. Not sure when it opens again Oct 28th 2026: the 2026 call (grants up to €500k, Uganda eligible, applicant registered 6+ months, co-financing required) closed on March 16th 2026 and we missed it. Watch eepafrica.org for the 2027 call, likely early in the year. |
Aaron Tushabe | Solarise Africa won a €1M EEP Africa grant for Zambia/Uganda on a similar "reliable power where the grid fails" case (USEA briefing, Oct 20th 2026). |
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| Grant | |||||
| Grant + Debt | |||||
| Grants + Debt | high | Send an email to info@africa50.com on August 23rd. | Aaron Tushabe | ||
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No open applications yet
https://beyondthegrid.africa/funding-rounds/ |
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| Grants | |||||
| Debt | Needs at least 2 years of business to pass loan application | Aaron Tushabe | |||
| low | Focusing on power for remote and off grid communities so no aligned with our early stage objectives |
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| Equity | We are no longer pursuing equity funders because as a co-op, we don't have equity to offer. | ||||
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Kiva.org |
Debt | Check back on August 15th | |||
| Digital Africa | ? | Applied on June 17th 2025. Waiting for Feedback | Aaron Tushabe | ||
| Aquarious Foundation | Grant or Debt | Applied on June 17th 2025. Waiting feedback | Aaron Tushabe | ||
| Start-coop | Grant |
Applied on June 18th.
We did not qualify because we are not (yet) based in North America |
Aaron Tushabe | Expect $5k to $50k | |
| LabStart | Grant |
Submitted application on July 7th. Not Accepted |
Aaron Tushabe | ||
| CataCap | Grant / DAF | medium | Aaron Tushabe | ||
| Mission300 | Grant? | Aaron Tushabe | |||
| Energy IoT Open Source | Grant | Pledged 3k by Arila Barnes (founder and CEO) | Aaron Tushabe | Received 2.8k in April 2026 | |
| Project Spark EU | Grant | high |
Submitted on September 15th 2025 with EnAccess and The Gym Rwanda |
Aaron Tushabe | Got feedback on Nov 21st 2025 that we did not meet the eligibility criteria but they didn't elaborate on which criteria |
| AMAP | medium |
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| Praxis | High |
Submitted on September 20th 2025. |
Aaron Tushabe | We did not get in. They thought we were among the top applicants and recommended we apply again next year. | |
| UGEFA | medium |
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Aaron Tushabe / Dansturn | Requires 2+ years of operations so we would need to apply via green volta | |
| Green Volta | Recoverable Grant | high |
Waiting on Budget from NFE to confirm how much they can contribute |
Dansturn | |
| Samuel Tondo | Recoverable Grant | high |
Waiting on Budget from NFE to confirm how much they can contribute |
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| Digital Energy Challenge | Grant | high | Applied to the Tech Accelerator on June 17th 2026 (application 00298). Also started a Partnership application (00076) on June 12th. Followed up with contact@afddigitalenergychallenge.com on Aug 25th; no reply yet. Still no reply in NFE mail as of Oct 28th 2026. Chase again. |
Aaron Tushabe | Asked for €150k (€112.5k grant + €37.5k expert support). |
| D-Prize | Grant | high | Submitted on October 28th 2025. Not selected. |
Aaron Tushabe | The 2026 competition is open again (reminder email Oct 12, 2026), so consider reapplying. |
| MSISV | Grant and Equity | high |
Email sent on Oct 16th 2025 to find out when applications will be open again |
Aaron Tushabe | |
| Sunbird AI | Fellowship |
They are offering a research program that could help us develop V1 of our autonomous microgrid |
Aaron Tushabe | ||
| Grant | low |
No links to getting involved |
Aaron Tushabe | ||
| Donations | medium |
EIoT can service as a fiscal sponsor to receive tax deductible US donations on our behalf. |
Need to register a US entity for this | ||
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Funding Hope |
Crowd funding | medium |
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Aaron Tushabe | |
| Grant matching | medium |
Uganda not eligible right now |
Aaron Tushabe | Closes Dec 31 2025 | |
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Carbon Credits |
low |
Initial meeting with Ashaba told us that this is going to be a long lead time option to explore.. at least 7 years before any credits are verified and bankable |
Aaron Tushabe | ||
| high |
Focusses on post pilot, pre-scale. I think we are not yet post pilot |
Aaron Tushabe | |||
| Grant (staged seed funding) | high | Intro email sent on Oct 20th 2026 to Abdullateef Aliyu (abdullateef@ieee.org), Africa Regional Working Group, cc smartvillagestaff@ieee.org. Asked whether grid-connected urban microgrids are in scope and requested a call. Waiting for reply; follow up early November if no response. |
Aaron Tushabe | First round is usually up to $25k, with follow-on funding up to $200k after results. Intake needs a 2-page concept note, lean canvas and 5-year cash flow forecast; the regional group mentors the proposal, then the Project Development Committee reviews it quarterly (6–8 weeks), then a contract is signed (2–4 weeks). Most spend should go to income-generating assets, and the project must cover electricity, education and enterprise. Paid in tranches against progress reports. Met ISV at PowerAfrica Nairobi, Sept 2026. |
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GOGLA: Global Off-Grid Solar Forum & Expo (Kigali, Oct 27–29th 2026) |
Event / investor matchmaking | high | Dansturn is in Kigali for OSEAS (Oct 26–27th). A free-pass request to Laura Bonilla (l.bonilla@gogla.org, Events), cc Megan Taylor (m.taylor@gogla.org), was drafted on Oct 21st but there's no sign it was sent as of Oct 28th. Full pass is $1,650 and the expo-only pass is $50; no budget for either. The local-company investor roundtable is on Oct 29th. |
Dansturn / Aaron | Even if we can't attend: sign up for the GOGLA Virtual Pitchbook (seen by investors before and after the forum), and get the 2026 Off-Grid Solar Market Trends Report launched there. GOGLA members get event discounts. |
| Pitch / event | medium | Applied on Aug 15th 2026 to pitch the RPM at the USEA National Solar Expo (Aug 26–28th). USEA acknowledged on Aug 20th, but we got no decision despite follow-ups on Aug 20th and 25th. |
Aaron Tushabe | Next Expo is Aug 25–27th 2027; ask to be on the pitch list early. Check whether NFE is a USEA member; every weekly briefing pushes membership. |
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| Advisory (technical assistance) | high | Not applied. Runs year-round in rounds; the last round closed on Oct 20th 2026, and feedback comes 6–8 weeks after each round closes. |
Aaron Tushabe | Free support for early-stage, locally owned companies: financial model, pitch deck, investor introductions. Apply at apply.get-invest.eu. |
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| Investor pitch / EU programmes | medium | The forum ran Oct 20–21st 2026 and we missed the pitch session, which needed a minimum raise of €0.5M. Ministers used it to court EU energy investors. |
Aaron Tushabe | Send an intro to Cristina Banuta (Cristina.BANUTA@eeas.europa.eu) framing Garuga plus scale-up as €0.5M+, and ask about EU programmes for Ugandan energy SMEs. |
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| Grant | medium | No open call found (Oct 2026). The UK extended the Ayrton Fund. Its Beyond-Zero project (locally repairable, expandable storage replacing generators) is led by Acele Africa. |
Aaron Tushabe | Watch for calls; explore partnering with Acele Africa. |
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| Grant (project preparation) + TA | low | Not eligible yet: needs 3+ years of operations, $150k+ minigrid revenue, an active financing deal and 20% co-financing. The first cycle closed on Aug 31st 2026. |
Grants of $50k–200k. Revisit in 2027–28. |
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| Debt (consumer finance via banks) | low | Not explored. Household and business solar credit through participating banks. |
Possible way to finance Garuga household connections later. |