The AECF makes its funding available through competitions. Private sector companies are invited to compete for AECF funds by submitting their new and innovative business ideas to a particular AECF competition. These ideas have to comply with the rules (eligibility and selection criteria) of the particular competition being applied for. The best ideas are awarded up to US$2.5m in grants and interest free loans. While each competition is different, all competitions seek business ideas from competent companies where the idea is commercially viable, innovative and will have a large development impact (large numbers of rural households having increased incomes etc).
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