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Ashesi University’s Ghana Climate Innovation Centre (GCIC) has organized an orientation for 19 entrepreneurs who make up Cohort 6 of GCIC’s business incubator.  The new cohort also marks a new phase for GCIC with Global Affairs Canada as funders.

The entrepreneurs who have been selected for the nine-month-long incubation programme are SMEs whose work and innovations are either aimed at climate change mitigation and adaptation or SMEs exploring the adoption of more climate-smart and sustainable models in their operations.

As part of the orientation, Ruka Sanusi, the Executive Director of GCIC, took the entrepreneurs through an overview of the strategic implementation pillars of the Centre’s work, whilst also sharing results from the previous business incubation of five cohorts.

“GCIC has an established track record of success. Since June 2017, we have incubated a total of 101 businesses across Ghana – 31 of these are women-owned or women-led enterprises. Between June 2017 and 2020, GCIC supported entrepreneurs generated cumulative revenues of US$2.06m, created 733 new jobs, raised additional early and growth stage financing in excess of USD2m, and sequestered CO2 emissions of 14,500MT. GCIC’s robust business incubation program and interventions support entrepreneurs to develop and or enhance the needed mindset, skillset and toolset to go the long-haul with their climate innovation by better understanding the factors that determine long-term business success and performance”, she shared.