Impact Entrepreneurship Competition for Ghanaian-owned businesses 2022

Impact Entrepreneurship Competition for Ghanaian-owned businesses 2022

Deadline: October 10, 2022

Applications are open for the Impact Entrepreneurship Competition 2022. The Impact Entrepreneurship Competition is a competition designed for entrepreneurs and early-stage companies generating positive impact in Ghana’s economic, social and/or environmental sectors, contributing to sustainable development in the region.

Its mission is to recognize and support innovative and successful businesses making a positive impact on society in Ghana, strengthening the impact ecosystem in the country and contributing to bridge the gap between impact and profit.

Impact Entrepreneurship Competition for Ghanaian-owned businesses 2022
Glovo partners Kosmos Innovation & Open Value Foundation for …

The Impact Entrepreneurship Competition is organized and promoted by Kosmos Innovation Center Ghana, Glovo and Open Value Foundation

Prizes

Over $20,000USD in cash prizes and more than $5,000USD of in-kind prizes during the competition:

  • The winner will receive a grant of $15,000USD powered by Open Value Foundation.
  • An extraordinary $10,000USD will be awarded by Fundación Anesvad to a company working to improve the health and wellbeing of others, including businesses tackling environmental issues impacting people’s health.

Additionally, based on the jury’s criteria, any of the live-pitch participants will have the opportunity to receive:

  • A package of support including mentoring, investor-readiness advice, networks, and introductions to other sources of funding.
  • Opportunities to access products and/or services donated by partners and collaborators.

Eligibility

Open to any for-profit Ghana registered company that has:

  • A clear for-profit business model with potential for scale.
  • Between 3 and 5 years of operations.
  • The ability to demonstrate positive social impact in Ghana (on rural, low-income, or disadvantaged communities).
  • Not raised more than USD$500,000 in debt, grant, equity or other sort of funding.

Application

The Competition will be made up of 2 stages. The first stage will be through an online submission while the second stage will be a physical event where the top eight shortlisted businesses will pitch in person to a panel of judges and investors. The live pitch will be held on November 4, 2022 in Accra.

Click here to apply

For more information, visit Impact Entrepreneurship Competition.

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