26 April 2021 – Victoria, Seychelles – Seychelles’ Conservation and Climate Adaptation Trust (SeyCCAT) is announcing 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 applicant to establish or develop a sustainable blue business. The grant is provided by the Trois Freres Distillery and administered by the SeyCCAT’s Blue Grants Fund (BGF). Unlike other grants offered through the BGF, the Blue Business grant can be used as seed capital to implement a brand-new business idea and the intellectual property rights are completely yours. The BGF decisions follow a transparent and diligent review process that meets the highest international standards of good conduct.
Richard D’Offay, the Managing Director says: “We are delighted to support the fantastic work of SeyCCAT. For us, the opportunity to support a new Seychellois business, which also meets the rigorous requirements of the Blue Grants Fund, is exactly what we should be doing.”
The makers of Takamaka Rum is the first private business to contribute to the Blue Grants Fund, joining the likes of the Seychelles government, the World Bank, The Nature Conservancy, and the Global Environmental Facility that have been supporting the BGF since its inception in 2017. In addition to SCR 150,000 in grant money, the senior management of the Distillery will offer mentorship to the grantee, sharing the business know-how to help advance the start-up.
Angelique Pouponneau, SeyCCAT’s CEO shared her appreciation, “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 legacy of giving back to 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.”
The grant application window opens on the 3rd of May 2021. Please visit www.seyccat.org or contact us at email@example.com for more information.