Spark+ is a funding and capacity building program to increase the pipeline of investment-ready companies which design, manufacture, and sell clean cooking solutions in developing countries around world.
Spark+ is a key priority in the Alliance’s mission to stimulate investment in the sector given its focused, yet flexible, approach. It is designed to build the pipeline of investment-ready companies in the clean cooking sector through operational-, strategic- and investment-related advisory support, where appropriate, targeted grant-funded initiatives. Spark+ evolves from the Spark Fund, one of the Alliance’s largest and most successful investment-focused programs which, over the past four years, supported 15 enterprises with ~$4 million in catalytic grants, leveraged by $15 million of follow-on investment capital.
Spark+ targets a limited number of business models with potential for financial sustainability and scalability, and management teams capable of driving and managing business growth. It integrates lessons learned from the Alliance’s experience delivering tailored enterprise support, and renews its targeted focus on businesses with the ability to attract private sector co-financing in order to sustainably deliver innovative clean and efficient cooking solutions at scale.
Sustainable Green Fuel Enterprise (SGFE)
A Cambodian char-briquette producer created in 2009 as an NGO project that later evolved into a commercial venture. SGFE was awarded the prestigious Ashden Award in 2014 for its innovative production process to produce sustainable briquettes from coconut shells and charcoal residue, and has received Alliance support through its Pilot Innovation and Spark Funds in 2013 and 2014, respectively. Since 2016, SGFE has been profitable, and is now seeking to expand its operations within Cambodia and in several international markets.
NewLight Africa (Heya!)
A Kenyan distributor of clean energy products such as solar home systems and lights. In addition, since the company's launch in 2015, NewLight Africa has sold a range of clean cooking solutions including charcoal, ethanol and LPG stoves to its customers in Western Kenya. Over the past year, their top selling product - outselling even solar products - is an LPG stove and fuel solution able to be purchased on an installment basis by those who purchase together with other members of their chama (women's group).
A Kenyan enterprise which designs and distributes market-leading solar and clean cooking products for rural and urban consumers in cooperation with micro-finance institutions and agricultural cooperatives in East Africa. A previous recipient of support through the Alliance's Spark and Pilot Innovation Funds, EcoZoom has established a profitable business in Kenya, and is now seeking to accelerate its growth through geographic expansion and a diversification of its sales channels.
A Tanzanian business working to accelerate access to, and improve the reliability of, clean cooking solutions for the urban poor. Since 2015, KopaGas has been working to improve access to LPG as a cooking fuel by improving reliable supply of gas to dealers through its well-established distribution partnership with Oryx, for whom it is one of its largest super dealers in Tanzania by volume. It is now seeking to address the high costs of switching from traditional biomass fuels to LPG by developing and rolling out a technology-enabled pay-as-you-go solution.