Helios Social Enterprise

All Helios projects need to meet a common set of criteria and goals.   These include:

  • Country: The Helios business model is applicable globally but will be applied initially in Africa.
  • Developmental Impact: The project must offer clear opportunities for enhancing the economic development of the poor.
  • Access Solution: The project must employ approaches to energy production or use that move local communities up the energy ladder (improving cost, efficiency, and environmental impact). The access solution will be least-cost for the customer (or otherwise have access to additional funding to make it competitive).  This includes the development of small-scale decentralised distribution (mini-grids), the production of bio-fuels, the provision of appliances, and/or the provision of electricity generation for individual dwellings.
  • Technology Solution: Helios will work across technologies; however, the project must have a clearly viable technology solution.
  • Construction Risk: The project must have no identified obstacles to expeditious construction.
  • Self-Sustaining: The project must have potential to be self-sufficient after initial capital or start-up grants, and to repay monies loaned.
  • Management: The project must have individuals or institutions with the willingness and ability (given appropriate support and capacity-building) to manage the LSE on a business basis.
  • Operating Risks: Solutions can be identified to manage revenue and operating risks such as poor collections, repairs and maintenance, and cost escalation.
  • Environmental Benefits and Risks: The project must apply apppropriate environment and social criteria.