Grants for Women Entrepreneurs in Energy
A well-known German NGO “Help” encourages MFK’s WEE Program
Millennium Foundation Kosovo (MFK) will soon launch the third and final component of the Women in Energy grant programme, which is designed for small companies and start-ups with grants up to €3,000 for investments in energy efficient equipment and measures.
In preparation of the launch and implementation of this new and exciting component, MFK’s Implementation Consultant, a consortium led by GFA Consulting Group, has teamed up with Help – Hilfe zur Selbsthilfe e.V. HELP is a German non-governmental charitable organization, specialized in promoting small business development throughout Kosovo, amongst other countries in south east Europe.
“We are happy that a well-known German NGO “Help” will encourage the implementation of the small grants scheme supporting individual women entrepreneurs, within our larger activity of Women Energy Entrepreneurs. This cooperation between MFK, GFA-led consortium and “Help” will enable a wider outreach and support to satisfy the energy demand of women-owned and led businesses.”- stated Petrit Selimi, CEO of MFK.
Help will be the direct contact point for applicants, who will receive support in registering their business and aligning with Kosovo’s regulation on workplace and environmental safety. Help will also provide guidance on technical solutions, together with the specialist engineers of GFA), to ensure that even the smallest women owned enterprises can grow their business through a more efficient use of energy.
We are looking forward to contribute to the success of this project within the consortium of MKF and GFA as we see a high unused entrepreneurial potential in Kosovo. This project is absolutely in line with our approach „TOGETHER FOR TOMORROW” which the organization Help is promoting in the region – says Timo Stegelmann, deputy managing director of Help.
The call for applications will be launched in the next couple of weeks. So, watch this space!!
Women Energy Entrepreneurs-WEE is part of the Women in Energy Program – an activity implemented by Millennium Foundation Kosovo, an accountable entity responsible for implementation of the $49 million Threshold agreement, agreed between Republic of Kosovo and Millennium Challenge Corporation in 2017. MFK’s mission statement calls for accelerating Kosovo’s transition to energy independence and good governance. Kosovo Threshold Program addresses two key constraints to Kosovo’s economic growth: an unreliable supply of electricity; and real and perceived weakness in rule of law, government accountability and transparency.
