The Orange Corners Acceleration Programme in Ghana is an initiative of the Kingdom of the Netherlands, implemented by GrowthAfrica, Africa’s foremost business accelerator in partnership with Fidelity Bank, Emergent Payments, Friesland Campina, Vivo Energy Ghana, Meridian Port Services (MPS), Koudijs, Peoples Pension Trust and Cargill.
Their goal is to support the growth of ambitious entrepreneurs while helping to develop Ghana’s entrepreneurship ecosystem. To achieve this, we empower young entrepreneurs to formalise their ventures by offering a structured business acceleration programme. This includes access to capital, mentorship networks, and market opportunities. The Orange Corners Ghana initiative spans a 6-month acceleration programme comprising five 3-day workshops spaced four weeks apart. It also involves post acceleration in-business visits over 9-12 months to facilitate the development and execution of growth plans, along with masterclasses and personalised coaching sessions.
Additionally, the Orange Corners programme facilitates connections between innovative entrepreneurs and the private sector, providing avenues for accessing finance, notably through the Orange Corners Innovation Fund.
Orange Corners Acceleration Programme Benefits
- Business Acceleration: Structured support to audit, design, and implement your business’ growth plan.
- Coaching and Mentoring: Events, networking sessions, and coaching sessions to connect you to potential partners and aid in your personal development as an entrepreneur and leader.
- Orange Corners Innovation Fund (OCIF): Ventures completing the programme can apply for up to EUR50,000 in partial grant and loan at 5% interest for 2 years.
- Personalized Follow-Up: Access to experienced mentors and industry leaders for feedback and support.
- Further Access to Finance: Opportunities beyond the Orange Corners Innovation Fund for funding.
Eligibility for Orange Corners Acceleration Programme
- Your business is beyond the initial product-market fit phase, and has earned commercial, recurring revenue for at least 24 months.
- Have recurring revenues equivalent to at least USD 30,000 annually.
- Have at least one co-founder working in the business full-time and exclusively.
- Have at least one active co-founder in the business aged 18-35.
- Have matured and stabilized enough to employ a minimum of 3 full time employees on a permanent basis in addition to the founders.
- Your product/service is solving a clear need that can be identified as delivering on one or several SDG goals.
- Your product/service or business model is innovative (i.e. your approach to supply chain, production or distribution, and sales), and it provides a clear competitive advantage
- Women are especially encouraged to apply for this opportunity.
How To Apply for Orange Corners Acceleration Programme
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Application Deadline: 1 September 2024