Year started: May 5, 2018 | Current status: Programme ended

Business stage:

Sector Agnostic

Duration: 9 months | Mode: In-person and Virtual | Participation Fee: 500

Number of participant accepted per cohort:

Location(s): Ghana – Ashanti – Kumasi |

Brief Description

he Thrive acceleration programme if for startups/businesses which are 2years+ old. It is specifically designed to take the selected startup to the next level.

Thrive is a business acceleration program for startups that have proven their business idea, have a customer base and are looking at scaling their operations. Each year 10-12 startups are selected through an application process. The selected startups receive comprehensive business incubation support for 3 to 9 months.

The package includes but not limited to the following: office space, business training, programming/tech support, business development (including marketing), legal advice, accounting support and fundraising support.

Training details

Describe the format of your programme.:

(1) Office space: All startups shall be given office space in a co-working environment at no cost for the entire period of the incubation program i.e. three months. This comes with free internet.
(2) Technical support: There will be a team of developers to support startups that need technical assistance to power their businesses on the web, mobile or cloud platforms.
(3) Business development support: For any business documentation needed – contracts, service level agreements, non-disclosure agreements, shareholder/partnership agreements, business and marketing plans, etc. – the business development team will be on call to assist.
(4) Professional services: Your team’s selection to this program means, for three months, you have access to free legal, accounting and business consulting services.
(5) Branding and promotion: Startups will have free access to our video and graphics equipment to digital content for promoting their businesses. Startups will also be supported to promote their brands online.
(6) Business training: All startups shall receive comprehensive business training on business model design, product development, digital marketing, investor pitching and raising capital, etc.
(7) Fundraising: The ultimate goal of the Thrive program is to make all startups investor-ready. By the end of the incubation period, startups will have the opportunity to apply to various investors and funding institutions to get funding for their businesses.

Brief detail of instructors used:

Billy Bonsu, Laud Anthony, Rita Krampah, Amma Duncan, Albert Opoku, Gideon Brefo, Naomi Krokro

Current Partners and Funders

Other partners and funders: GIZ, British Council, Indigo Trust

Support provided

Non Financial Support Provided: Accelerator|Coworking|Technical Assistance & Capacity Building

Financial Support Provided: None

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