Grapevine

Six women-owned businesses awarded GH₵936k at SCWIT incubator programme

Standard Chartered Bank Ghana PLC unveiled the winners of the Cohort 4 Standard Chartered Women in Tech Incubator programme, awarding a total of GH₵936,000 in grants to six (6) exceptional women-led businesses at a graduation ceremony in Accra.

The ceremony follows an intensive six-month incubation program for 20 female entreprenuers, and a rigorous pitch session where six businesses were adjudged winners and each awarded a GH₵156,000 grant to propel their operations and fuel innovation in their respective industries.

The Standard Chartered Women in Tech Incubator (SCWIT) launched in Ghana in 2020 and implemented in collaboration with Ashesi University’s Ghana Climate Innovation Centre, has supported 74 businesses with 21 participants receiving seed funding.

The Women in Tech programme is more than just an incubator; it’s a platform for change. It aims at creating opportunities for women to develop entrepreneurial and leadership expertise, helping them break barriers and using technology to tackle social challenges faced by communities.

Sharing her thoughts on the graduation of the 4th Cohort, Mansa Nettey, Chief Executive of Standard Chartered Bank Ghana PLC, commended the winners for their achievements. "We are incredibly proud of the progress and achievements of these innovative young women entrepreneurs who have incorporated technology into their businesses, from agriculture, health to education and many others. Though small today, these fledging businesses are solving complex societal problems, thereby lifting participation of women”.