Get support for the growth and expansion of your green business.
Application deadline for the first cohort: 4th December 2020Application deadline for the second cohort: 29th January 2021.
About the Award: The GrEEn Incubation Programme will support businesses and start-ups who are at early stages of development (pre-revenue) to make better use of natural resources, be energy efficient, properly manage waste and pollution, among others, and operate profitable business ventures. The incubation programme will be run by four partner hubs in the Ashanti region and three partner hubs in the Western region.
What is a green business?
A green business is one which contributes to protecting and restoring the natural environment, and reduces any harm caused to it. In the context of the GrEEn project (insert link to the main GrEEn page), green businesses may include one or all of the following aspects:
Efficient use of resources, e.g. energy, waterProtection of natural resources, e.g. soil, water, forests, biodiversityReduction of waste and losses (especially in relation to food crops) along the value chains: e.g. through solar drying, solar cooling facilitiesPromoting the circular economy, e.g. re-use, upcycling, recyclingReduction of carbon emissionsResilience against climate change, e.g. conservation agriculture and climate-smart agricultureReduction of waste and pollution
The GrEEn incubation and acceleration programmes aim at serving and strengthening enterprises in:
Eco-inclusive business model developmentFinancial managementProduct developmentAccess to FinanceMarket development and linkagesBusiness regulatory complianceInvestment readiness (under the Acceleration Programme)
Agriculture, including climate smart agiculture, agri-businesses and agro-processing.Energy, including clean cooking, solar systems, energy efficiency.WASH, including waste management, water purification, recycling, production of cleaning and sanitary products.
The owner(s) of the business must be aged 15-35 years. (*Women can be above the age of 35 but no older than 40)The business must have an innovative product or service in the Agriculture, Renewable Energy and Water, Sanitation and Hygiene (WASH) sectorThe entrepreneur must be resident and have their business located in the Ashanti or Western Region for at least 6 monthsThe business must have a green or eco-inclusive model The start-up must have a high potential for job creation among youthThe business must have been registered for at least two years. Exceptions will be made for unregistered businesses with a proof of concept of an innovative solution or product.The business can be for-profit or not-for profit, but the product/service offered must be financially viableThe entrepreneur must be available for the duration of the programme and must be able to attend at least 80% of all programme activities.The entrepreneur must not be engaged in any conflicting programme for the duration of the incubation programme. A conflicting programme may be another programme providing incubation and acceleration and/or business development services.
Priority will be given to women-led and -owned businesses or businesses that support the development and wellbeing of women. Women-led and -owned businesses are especially encouraged to apply.
Eligible Countries: Ghana
Number of Awards: Not specified
Value of Award:
Get 6 months business development support from our partner hubsGet access to industry experts and successful businessmen/women (local and international) who will serve as mentorsImproved access to funding – through innovative financial services as crowdfunding, concessional financing, etc.Market linkages to complementary service providers and actors in the green ecosystemPeer-to-peer networking and exchangesExpert support to achieve business growth and expansion (Acceleration Programme)
The programmes consist of;
Online and offline training sessions in business model development, leadership, financial management, marketing and sales, etc.Coaching and mentoring by industry experts and successful businessmen/womenPitching sessions with investors and financial institutionsOpportunity to compete for a matching grant from the GrEEn challenge fund
How to Apply: Apply Now – https://bitly.com/GrEEn-incubation
It is important to go through all application requirements in the Award Webpage (see Link below) before applying.GOODLUCK
Visit Award Webpage for Details