Acceleration
Start-ups that have moved beyond the earliest stages of getting established become the focus of our business accelerator programs. We have programs designed to give developing companies access to mentorship, investors and other support that help them become stable, self-sufficient businesses.
Our startup accelerator is designed to help young, innovative companies grow and thrive. We offer a six-month program that provides educational resources, mentorship, and financing to help startups succeed. Our intensive, immersive program helps startups compress years of learning into a few months, so they can hit the ground running and achieve their goals.
Examples of some of the acceleration programs are as follows.
With regards to this through “ “Social Enterprise Support / Start-up Promotion,”-With funding from SEZ through SHARE foundation Germany, we accelerated some startups from Takoradi and Navrongo. As part of the project, start-ups and self-organised groups in the formal and informal sectors across Ghana were empowered to help themselves in the long term. The aim is to combat the cause of flight, the lack of economic prospects for young people. In the long term, jobs were created and markets (local and international) developed in order to be globally competitive.
As a further strategic development of already existing initiatives by both partners in the country, the project is intended to ensure sustainable networking and entrepreneurial synergies of individual start-ups.
We collaborated with MDF West Africa to carry out MSMEs COVID-19 Recovery and Resiliency Program. DIGITAL BUSINESS TRAINING FOR MSMEs funded by MasterCard Foundation. The hub accelerated 50, mostly women-led businesses with a period of 3 months. We offered training and capacity building programs for the selected MSMEs on agreed topics. There was coaching and mentoring to ensure that the full benefit of the program was achieved.
We accelerated 19 businesses under the National Acceleration Program Cohort 2 and currently accelerating 16 businesses in the Cohort 3. This is being implemented in partnership with Ghana Tech Lab (GTL) with support from the World Bank, Master Card and the Ministry of Communication. The National Acceleration Program is a high-quality acceleration program that seeks to address the demand for quality Business support (with a priority on female-led businesses) towards the provision of high-quality Business Development Services (BDS) to existing businesses.