Ghana – Standard Chartered Women in Technology Incubator programme (SC-WIT) Cohort 2 has awarded GHC 90,500 each in seed funding to five women-owned businesses to scale up their business operations.
The programme is a business incubator created expressly to offer business support for women-owned businesses that use technology, as part of the bank’s commitment to fostering opportunities for female entrepreneurs and helping to close the gender gap.
The entrepreneurs underwent a nine-month incubation program that included financial and business advising support, as well as a highly regarded, high-value Mini MBA program run by Ashesi University’s Ghana Climate Innovation Center.
The business owners also had the chance to present their ideas to a panel. The cedi equivalent of $10,000 was given as a financial grant to five of the best businesses so they could expand.
The five winners are:
Farmio Limited: An innovative agribusiness company focused on providing tech-enabled agribusiness investment solutions for people interested in building sustainable and profitable agricultural businesses.
Bood Company Limited: An agribusiness that began operations in 2019 and has three co-founders. BOOD specializes in the production of maize and other cash crops such as cashew and shea in rural communities.
H.A Farms: A poultry business located in Mankessim in the central region of Ghana. Its aim as a company is to provide healthy and affordable meat and eggs to our cherished customers.
The Delse Shop: a shop that desires to bring the best made in Ghana beauty products to the modern African woman whilst supporting rural female farmers.
Happy Eagle Tourism Management: A company that creates, plans, and sells domestic tours within Ghana. It has integrated Artificial intelligence onto its platform, which helps recommend affordable air tickets, restaurants, tour activities as well as hotels and restaurants that appeal to the needs of various budgets.
Over twenty-one new employment, five of which are for women, have been generated as some of the program’s noteworthy outcomes.
