Application Deadline: August 16, 2024
Are you an entrepreneur running a small enterprise (SME) in Ghana and looking to upgrade your business? Apply now for WIDU.africa’s next Thematic Call #GreenGhana. Entrepreneurs with sustainable & innovative business models can receive a Grant and free Business Coaching to develop their businesses further.
Small businesses with green business models have the potential to contribute significantly to sustainability goals, elevating the standard of living for community members and fostering regional and national development. These enterprises can achieve financial success by focusing on sustainable green projects while generating substantial societal benefits. By providing communities with sustainable and affordable solutions, small enterprises can address the key drivers of poverty and reduce carbon emissions simultaneously. These positive societal and economic impacts are driven by a combination of factors, including:
- Creating local renewable energy jobs
- Reducing health risks, costs, and burdens
- Reducing energy costs
- Improving energy resilience.
Requirements
- This new Thematic Call program is open to all green businesses located in Ghana, seeking opportunities to upgrade their existing business with a sustainable & innovative business mode.
Eligibility
– Applicant must be 18 y/o or older
– Applicant must be a Ghanaian national
– Applicant must be the business owner
– The business must have been operational for at least one year. A proof of existence is required.
– The business must be a small or medium-sized enterprise with less than 20 employees.
– The business must aim at job creation, particularly jobs for women
– If you have already participated in WIDU’s Thematic Call #Digitalization Call that we offered last year in Ghana, your project must be fully closed.
The WIDU Grant Amount
Entrepreneurs can invest a minimum of 500 euros or a maximum of 2,000 euros. WIDU multiplies this amount by a factor of 2.5 to determine the grant amount.
With the Thematic Call #GreenGhana, the entrepreneur’s investment is multiplied by 2.5:
– Minimum: For a Private Investment of 500 EUR (approx. 8,000 GHS), you will receive 1,250 EUR Grant (approx. 20,000 GHS).
– Maximum: For a Private Investment of 2,000 EUR (aprox. 32,000 GHS), you will receive 5,000 EUR Grant (aprox. 80,000 GHS).
Application Process
The application process consists of three phases:
- Registration and Business Description: Entrepreneurs register, describe their business, and outline how they plan to use their private investment and the WIDU Grant, including completing a business plan.
- Private Investment and Documentation: Entrepreneurs spend their private investment according to the investment plan and upload receipts to the platform to verify the investments.
- Grant Investment: Entrepreneurs receive and use the WIDU Grant as outlined in their business plan, documenting their investments on the platform. During this process, entrepreneurs receive three free coaching sessions
For More Information:
Visit the Official Webpage of the WIDU.africa’s Thematic Call GreenGhana