Ghana Climate Innovation Centre (GCIC)
Funded by a grant from the Governments of Denmark and the Netherlands through the World Bank, and managed by a consortium comprising Ashesi University College, Ernst and Young, SNV and the United Nations University, the Ghana Climate Innovation Centre (GC
Funded by a grant from the Governments of Denmark and the Netherlands through the World Bank, and managed by a consortium comprising Ashesi University College, Ernst and Young, SNV and the United Nations University, the Ghana Climate Innovation Centre (GCIC) is a pioneering business incubator with a unique focus on developing SME ventures and entrepreneurs in Ghana’s ‘Green Economy’.
The GCIC's objective 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.
The five thematic sectors of focus are:
Climate smart agriculture
Water management and purification
The GCIC has been established to offer a full suite of financing and capacity building services to Ghanaian technologists, entrepreneurs and new ventures that address challenges to starting and scaling their climate (clean) technology businesses. In addition to incubating promising start-ups, the GCIC will provide dedicated proof-of-concept and seed capital funding to entrepreneurs to bridge local funding gaps.
In parallel to investments, the GCIC also provides business advisory and training services, market development services, access to product testing facilities and government engagement on policy. In this way, the GCIC acts as a national focal point, coordinating efforts in promoting the growth of locally relevant climate sectors. GCIC also provides a platform to create international business-to-business linkages, enhance knowledge sharing and facilitate trade. As part of steps to provide relevant market-centered support to incubate, the Center seeks to obtain a comprehensive database on experts and services under the five thematic sectors of focus.
The Ghana Climate Innovation Centre is a follow up the GCIC Bootcamp and the GCIC Accelerator Program, which SNV successfully implemented in 2015.