Calls for Applications

GrEEn Innovation Challenge

Boosting financial inclusion and job creation in Ashanti and Wester regions of Ghana

  • February 19, 2021

  • Calls for Applications

Summary

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(applications open from 01 Feb 2021 to 28 Feb 2021)

Information Session on Feb 10, at 11am GMT+0. Did you miss it? Access the recording here.

About this Innovation Challenge: Under this Innovation Challenge “Boosting financial inclusion and job creation in Ashanti and Western regions of Ghana”, UNCDF will selected successful candidates in the development or expansion of innovative use-cases, products or business models to facilitate access and usage of financial services targeting youth, women, returning migrants and MSMEs and help them in the post-COVID-19 recovery in the Ashanti and Western regions of Ghana.

Eligible Institutions: Financial services providers (see section 3.1 of the RFA document on eligibility criteria).

How to Apply: Applicants must submit their application no later than 23:59 GMT+0 on 28 February 2021.

Informative session: on Feb 10, at 11am GMT+0. Register here.

Geographic Scope: Applicants can be based anywhere globally, however solutions must focus on youth, women, returning migrants or MSMES in Ashanti and Western regions of Ghana.

Successful applications will receive:

  • Up to US$ 50,000 or up to US$ 150,000 in co-funding, depending on the maturity of the solution proposed
  • Technical Assistance
  • Connection with key stakeholders

About the GrEEn Project

UNCDF is bringing its expertise in promoting financial inclusion and inclusive economies to support job creation under the “Boosting Green Employment and Enterprise Opportunities in Ghana (GrEEn)” Programme funded by the European Union Trust Fund for Africa (EUTF). This programme will contribute to addressing the root causes of irregular migration through green and climate-resilient local economic development and improving prospects of beneficiaries, by creating employment and enterprise opportunities in selected sectors and regions, specifically Ashanti and Western regions. The action aims at supporting job creation in regions of departure, transit and return of Ghana, creating local financial ecosystems that facilitate the development of Micro, Small and Medium Enterprises (MSMEs) and enabling the transition of local economies to green and climate-resilient development.

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