After nine months of intensive mentorship, 26 entrepreneurs from various sectors, including climate-smart agriculture, waste management, and energy efficiency, have successfully graduated from Cohort 9 of the Ghana Climate Innovation Centre (GCIC).
These entrepreneurs are now positioned to transform Ghana’s green economy, driving sustainable change and resilience across key industries.
Supported by Global Affairs Canada, the incubator program yielded outstanding results, as detailed in Ernst and Young’s monitoring and evaluation report. Within the first two quarters, the cohort saw a remarkable 238% increase in cumulative revenue, far exceeding their baseline figures.
In addition to this financial growth, the cohort achieved a significant environmental milestone by collectively sequestering nearly 30,000 metric tons of carbon emissions—equivalent to the annual emissions of 6,000 cars worldwide.
At the graduation ceremony, Dr. Dramani Bukari, GCIC’s Director for Partnerships, Entrepreneurship, and Investment, commended the entrepreneurs for their dedication, stating, “The results speak volumes about the hard work, ingenuity, and commitment of these entrepreneurs to driving sustainable development in Ghana and beyond.”
The ceremony was also marked by inspiring speeches from Cohort 6 alumni. Freda Obeng-Ampofo, founder of Kaeme, shared her journey of building a fully green factory, a vision she had articulated during her 2022 grant pitch, while Horace Tetteh, founder of Malindis, discussed how compliance strategies helped him secure additional capital.
Sarah Kalisa, Second Secretary of the High Commission of Canada, reaffirmed Canada’s commitment to sustainable development and innovation in Ghana, emphasizing the importance of partnerships in achieving a resilient, inclusive green economy.
The Ghana Climate Innovation Centre, an institute of Ashesi University and a pioneering business incubator funded by Global Affairs Canada, continues to lead the way in supporting transformational ventures and entrepreneurs in Ghana’s green economy.
Through tailored business advisory services, technical support, financial grants, and mentorship, GCIC empowers SMEs to innovate and develop solutions that address economic resilience and climate change challenges. This latest cohort’s achievements demonstrate the centre’s unwavering commitment to fostering a sustainable future for Ghana.
