Partner: CS Mott Foundation
Country: Tanzania
Project period: July 2019 – July 2021
TAREBI II is the second phase of renewable energy business incubator operated by the IMED Foundation in collaboration with the SELCO Foundation from India and Funded by the C.S. Mott Foundation. This is a two-year program from 2019-2021 targeting to build capacities of micro, small and medium renewable energy enterprises to catalyze the adoption of clean to rural communities in Tanzania, mainly targeting SAGCOT areas and Dodoma. The target groups are MSMEs providing clean energy solutions to underserved communities. The incubation program is part of the broader ecosystem for the development and support of clean energy enterprises in Tanzania.
Therefore TAREBI II is working with other partners in the ecosystem who holistically deliver services to the clean energy enterprises. These partners include Tanzania association of Microfinance Institutions (TAMFI), Tanzania Renewable Energy Association (TAREA), Southern Agricultural Growth Corridor of Tanzania (SAGCOT), Tanzania Technology Development Organisation (TATEDO), Kakute Projects, Don Bosco Network Tanzania, Small Industries Development Organisation (SIDO) and Rural Energy Agency (REA).
TAREBI II focuses not only on the technical aspects of the business but also on the most critical factors for a successful business, such as self-awareness, attitudes, discipline, entrepreneurial motivation, market responsiveness, and learning skills. The incubation program is linked to strategic resources, including networks, finance, mentors, etc. (the ecosystem approach). It is effectively managed, with full-time inputs from people with entrepreneurial background or experience. It sufficiently addresses issues of supporting incubatees to gain sector experience whereby Incubatees are supported with;
- Individual assistance to develop feasible business models, business and personal development plans
- Mentoring, Coaching, and training on various business management areas
- Information on markets and providers of relevant, technology, grants, technical support, information, raw materials, specialized training, etc
- Linkage to relevant support networks through organizing networking forums and reference from the incubator (suppliers, customers, banks projects, programs, research centres)
- Linkage with established entrepreneurs to share good practices and provide ongoing mentoring
- 10 successful incubatees shall participate in a specialized study tour in India
