Ghana

Program

Entrepreneurship

Innovate UK - Energy Catalyst Ghana 2022 Movemeback African initiative cover image

Details

Innovate UK is inviting ambitious businesses, that are interested in applying to future rounds of Energy Catalyst funding, to apply for an international brokerage trip to Ghana. Delivered in partnership with Innovate UK EDGE, the programme of support consists of a preparation phase, followed by a 7 day country visit, and post visit support from Innovate UK EDGE.

Ghana has a population of 32.37 million, and an economy that grew 4.1% in 2021. With English as the official language and similar business and legal systems to the UK, it provides a friendly business environment for UK companies. Services form the bulk of the economy, followed by industry and agriculture. Ghana’s Government has set out a plan for industrialisation and economic diversification providing opportunities for UK companies. Government policy in the energy sector pushes for a significant increase and diversification in its energy resources. This includes a Renewable Energy Master Plan, an investment-focused framework for development and promotion of Ghana’s rich renewable energy resources to propel economic growth, improve social life and reduce effects of climate change. This energy policy is embodied in the Strategic National Energy Plan 2006-2020.

Energy Catalyst international brokerage brings together cohorts of up to 12 innovative UK businesses who are interested in applying for funding but need help tailoring their technologies to a market and/or building collaborations and partnerships. They are not about trade and export, but on helping innovative UK businesses tap into complementary knowledge, skills, facilities, in the chosen country and building understanding, insight, collaborations, partnerships and networks to enable to business to apply for Energy Catalyst funding.

Criteria

  • Energy Catalyst international brokerage brings together cohorts of up to 12 innovative UK businesses who are interested in applying for funding but need help tailoring their technologies to a market and/or building collaborations and partnership

Benefits

Energy Catalyst international brokerage is a structured programme around three main phases and each business will have support from Innovate UK EDGE for the duration of the offering, including developing an action plan to capitalise on the opportunities identified. The three main phases are:

  • Getting ready: Pre-visit briefing to build knowledge and understanding of the market and potential opportunities, including how to do business, cultural aspects, how to protect your IP and training on how to improve your pitch and articulate your value proposition
  • Market visit: Access to NGOs, local businesses, academics, and governments who will be able to provide information about local opportunities and with potential to become partners
  • Helping you make the best of the opportunity: Support from Innovate UK EDGE to follow up and take advantage of the opportunities identified

Successful businesses will have designated support from Innovate UK EDGE for up to 12 months, including developing an action plan to capitalise on the opportunities identified.

About Innovate UK

Innovate UK is the UK’s national innovation agency. We support business-led innovation in all sectors, technologies and UK regions. We help businesses grow through the development and commercialisation of new products, processes, and services, supported by an outstanding innovation ecosystem that is agile, inclusive, and easy to navigate.