Founded in 2016, GCIC is a pioneering business incubator with a unique focus of developing SME ventures and entrepreneurs in Ghana’s ‘Green Economy’. Our mission is to develop and support an exceptional set of transformational ventures and entrepreneurs who are pioneering adaptive and mitigating solutions for climate change issues in Ghana. We do this with a focus on five key economic sectors (energy efficiency & renewable energy; solar power; climate smart agriculture; domestic waste management; water management and purification), the provision of premium business advisory and business mentoring services, technical support in the development, prototyping and testing of their innovation, as well as financial Proof of Concept grants to qualifying SMEs within our incubator.
GCIC has so far incubated over 80 green businesses making great social, economic and environmental strides today. These businesses have together worked to avoid about 1,100 metric tonnes of carbon dioxide emissions, raised over $US1.79 million in early and growth stage financing, and raked in more than US$1.63 million in revenue.
GCIC is funded by a grant from the Governments of Denmark and the Netherlands through the World Bank, and is managed by a consortium led by Ashesi University, and including Ernst and Young, SNV Ghana and the United Nations University. The Consortium offers the perfect mix of experience and excellence in private sector development, climate change, entrepreneurship, education and training, and research and development know-how.