https://www.myjoyonline.com/gcic-cohort-9-graduates-238-revenue-growth-and-30000-metric-tons-of-carbon-sequestered/-------https://www.myjoyonline.com/gcic-cohort-9-graduates-238-revenue-growth-and-30000-metric-tons-of-carbon-sequestered/

After nine months of intensive mentorship and support, 26 entrepreneurs from diverse sectors, including climate-smart agriculture, domestic waste management, and energy efficiency, have successfully graduated from Cohort 9 of the Ghana Climate Innovation Centre (GCIC).

These dynamic entrepreneurs are now poised to revolutionize Ghana’s green economy, driving sustainable change and building resilience across critical industries

Thanks to the support of Global Affairs Canada, the nine-month incubator program delivered exceptional results, as highlighted by Ernst and Young’s monitoring and evaluation report. The cohort, in the first two quarters, achieved a remarkable 238% increase in cumulative revenue, significantly surpassing their baseline revenue at the start of the program.

They also reached a carbon sequestration milestone, collectively reducing nearly 30,000 metric tons of carbon emissions—equivalent to the annual emissions of 6,000 cars globally.

Speaking at the graduation ceremony, Dr. Dramani Bukari, GCIC’s Director for Partnerships, Entrepreneurship, and Investment, applauded the entrepreneurs, saying, “The results speak volumes about the hard work, ingenuity, and commitment of these entrepreneurs to driving sustainable development in Ghana and beyond.”

The event was further enriched by inspirational addresses from Cohort 6 alumni. Freda Obeng-Ampofo, founder of Kaeme, shared her journey of realizing her dream of building a fully green factory—a vision she had articulated during her 2022 grant pitch whilst Horace Tetteh, founder of Malindis, recounted his experience of using compliance strategies to successfully raise additional capital, providing valuable insights to the graduating cohort.

Sarah Kalisa, Second Secretary of the High Commission of Canada, reiterated Canada’s unwavering commitment to fostering sustainable development and innovation in Ghana. Her remarks underscored the importance of partnerships in achieving a resilient and 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 center’s unwavering commitment to fostering a sustainable future for Ghana.

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