A collaboration between Villgro Africa and Ghana Tech Lab is seeking startups in the Ghanaian health tech space that have at least one woman in their leadership team to apply for the opportunity to receive incubation and funding support.
The startup and innovation sector is currently very male dominated, with women having access to only 20% of traditional funding paths, representing a gap of more than $40 billion. Both Villgro Africa and GTL are committed to playing a part in correcting these imbalances. It has become clear that gender balanced teams are more effective, more sustainable, with greater returns on investment. Additionally, women should not be overlooked as consumers. Having a female perspective in product and service development means more effectively meeting the needs of half of the world’s population.
In addition to grant funding, beneficiaries of this call will receive 12 months of incubation support from both the Villgro Africa and GTL teams, including business modelling, product development, operations, investment readiness, and governance and regulatory affairs.
Villgro Africa is an early-stage business incubator and impact investor that supports health and life science start-ups on the African continent to transform product and process innovations into viable, scalable businesses that impact the base of the economic pyramid. The incubation program de-risks impact investment for global health technology and service companies, supporting them to become investable ventures. Villgro’s multidisciplinary team has deep sector expertise spanning the startup spectrum, from business and product development to manufacturing and financial modelling.
Ghana Tech Lab (GTL) works with ecosystem partners to drive tech innovations and advance digital transformation in Ghana through skills training and providing innovative entrepreneurs access to early-stage funding, mentorship, investors, relevant businesses, and technical support under our incubation program. It is established under the Ministry of Communications Ghana’s E-transform project with funding from the World Bank. Through a collaborative effort, the work of GTL also supports the ambition, creativity, and skills of young people in Ghana under the Pathway to Sustainable Employment (PaSE) Project in partnership with Mastercard Foundation. GTL provides a platform for taking simple ideas and turning them into successful startups. Their unique programs and curriculum are designed to take things from the idea stage and develop them into products or services that address a societal need.