Twenty Ghanaian startups have participated in the World Bank supported clean tech bootcamp organized by the Ghana Climate Innovation and Center (GCIC), according to a statement from World Bank.
The bootcamp, as earlier reported, was designed to identify a robust pipeline of innovative green companies that can develop profitable and locally relevant solutions to climate change
This is part of World Bank’s contribution to hedging Ghana in the face of daunting implications of climate change in the country. “Ghana is highly vulnerable to the impacts of climate change and as such, its prospects for continuous growth will depend on the country’s ability to build competitive and climate-resilient industries,” says World Bank country director, Yusupha B. Crookes.
“Top performers of the Bootcamp will be eligible for an acceleration program of training, mentoring, peer-to-peer learning and business advisory support worth up to US $10,000,” GCIC says.
More than 90 startups applied for the event from which 20 were selected, and seven entrepreneurs went home with various awards after the pitching competition.
World Banks says the bootcamp is the first of a series of activities that the Ghana Climate Innovation Center will implement to support the country’s National Climate Change Policy that wil subsequently provide up to 200 local companies with business facilities and a targeted suite of services.