Press Release

Standard Chartered reinforces commitment to support women-owned businesses

 Entrepreneurs in the SC Women in Technology Incubator Programme receive GHS550,000 to scale up their businesses

ACCRA, 24TH AUGUST 2023 – Standard Chartered Bank Ghana PLC has announced the graduation of 20 women in its Women in Technology Incubator programme. The women entrepreneurs participated in a comprehensive incubator aimed at empowering women-led start-ups and providing them with the necessary resources and support to thrive. After a rigorous pitch process, five (5) outstanding participants were awarded seed funding of GHS110,000 each to invest into their businesses. The programme is implemented in partnership with the Ghana Climate Innovation Centre, an Ashesi University business incubator.

The Standard Chartered Women in Technology Incubator programme speaks to the Bank’s strategy of investing in women- owned businesses to bring greater prosperity and diversity to the communities in which they operate with emphasis on supporting innovation, infrastructure and technology.  Through this initiative, women entrepreneurs have a platform to build capacity and realize their full potential in the world of business.

Yvonne Gyebi, Consumer Private & Business Banking, Standard Chartered Bank Ghana PLC commented, “As a bank we celebrate these incredible women, a powerful testament to the limitless potential of diversity and innovation. With our Women in Tech programme we are championing economic inclusion for female businesses. We are inspired by their journey of breaking down barriers that truly reflects the world we live in.”

Speaking at the event, Ruka Sanusi, Executive Director of the Ghana Climate Innovation Centre, expressed her profound enthusiasm for the significant strides being taken to drive innovation and sustainable solutions in our ever-evolving technological landscape and she highlighted the pivotal role that collaboration, knowledge exchange, and empowerment of women entrepreneurs play in propelling our society towards a greener and more prosperous future.

In addition to the seed funding, the businesses will receive portfolio management support over the next 10 weeks, exposure to potential investors who are looking to support women-led businesses and they will also be joining the global SCWIT alumni network where they will have access to additional networking events, resources, content, and business scaling opportunities.

The five winners are:

Natalie Fordwor – Wonderspace website –  https://www.wonderspaced.com/

Lucie E Blay – Legal Find – website – https://trylegalfind.com/

Naa Kukuokor Owoo – Esse Studios – website – http://esse-studios.com

Umar Farouk Mubaraka – Kodu Technology – website –  http://kodutechnology.com/

Laura Pepera – Virtutoronline – website – https://www.virtutoronline.com

 For media inquiries, please contact:

Clemencia Tetteh +233 50 151 6082, Clemencia.Tetteh@sc.com

Juliet Buntunguh, +233 24 663 1440, jbuntuguh@ghanacic.org

 Standard Chartered

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GHANA CLIMATE INNOVATION CENTRE (GCIC)

Ghana Climate Innovation Centre (GCIC) is a pioneering business incubator with a unique focus on developing sustainable enterprises and climate-responsive SME ventures and entrepreneurs in Ghana. Our mission is to develop and support an exceptional set of transformational ventures and entrepreneurs who are pioneering innovation and adaptive or mitigating solutions for economic resilience and climate change issues in Ghana. We do this with a focus on key economic sectors, the provision of premium business advisory and business mentoring services, technical support in the development, prototyping and testing of their innovation, as well as financial grants to qualifying SMEs within our incubator.

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