The Seychelles’ Conservation and Climate Adaptation Trust (SeyCCAT) announces partnership with the private Seychellois business to offer a new SCR 150,000 grant that supports start-ups and entrepreneurs who advance conservation and sustainability practices in Seychelles.
SCR 150,000 will be awarded to a successful local applicant to establish or develop a sustainable blue business. Unlike other grants offered through the BGF scheme, the Blue Business Grant can be used as seed capital to implement a brand-new business idea. The BGF decisions follow a transparent and diligent review process that meets the highest international standards of good conduct. In addition to SCR 150,000 in grant money, the senior management of the partnering business will offer mentorship to the grantee, sharing the business know-how.
“Having the first local supporter from the private sector is an important milestone for SeyCCAT. Besides the much-appreciated funds, we will be working with a long-standing business with a large positive footprint in the local community. This legacy is unique in many ways and the grant recipient will have a brilliant opportunity to learn from a successful local business”, – said Angelique Pouponneau, CEO of SeyCCAT.
Application for the Blue Business Grant follows the medium grants process.