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Accra West Startups Host Startup Connect

Hubs News Startups

Nov. 27, 2020, 10:33 a.m.

Accra West startups on Wednesday hosted an event dubbed "Startup Connect" at Ghana Tech Lab. It was on the theme “ Why Startups Fail”.

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Ghana Tech Lab Launches Ghana Startup Ecosystem Website To Support Startups

Startups

Sept. 9, 2020, 2:51 p.m.

Ghana Tech Lab, a strategic ecosystem hub launched the Ghana Startup Ecosystem website last Friday.The portal which was launched in partnership with Mastercard Foundation, is designed to connect startups with ready markets and relevant information needed to scale up their businesses.

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The Role of Partner Hubs Critical In Ghana's Entrepreneurial Ecosystem: Video

Digital Creatives

Sept. 1, 2020, 3:19 p.m.

Ahead of the launch of the Ghana Ecosystem Website, Gabriel Quarshie, Base Innovation Lead of Ghana Tech Lab explained the integral role partner hubs played in the Entrepreneurial Ecosystem Mapping.

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Development Research for startup ecosystems: A highlight of past ecosystem Mapping in Ghana, 2013 TO 2019: Part 2

Articles

Aug. 31, 2020, 4:49 p.m.

The third study highlighted was conducted in 2018 by Venture Capital for Africa (VC4A).Summary Points:VC4A research on 522 Ghanaian ventures registered on their platform (VC4A.com) shows a relationship between venture performance, and the support these ventures receive from the Ghanaian startup ecosystem. For example, 50% of companies participating in ecosystem support programs secure investment compared to companies that do not participate in non-ecosystem support programs.More interestingly, the average investment secured is more than 2.5 times higher for the ventures receiving ecosystem support: USD $322K vs USD $124K. These companies are also more likely to create new jobs.

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Development Research For Startup Ecosystems: A highlight Of Past Ecosystem Mapping In Ghana, 2013 TO 2019, Part 1

Articles

Aug. 28, 2020, 3:42 p.m.

A variety of gaps pervade Ghana’s entrepreneurial ecosystem, though Ghana is one of the largest and well performing economies in West Africa. Some of these gaps include; a lack of collaboration among actors; lack of access to relevant information; mismatches in investment size supply and demand; poor access to markets; excessive cost of physical infrastructure; and limited access to finance.Despite these challenges, the small and growing business (SGB) sector is actively driving the economy. According to Ghanaian government data, small and medium-sized businesses account for 70 percent of Ghana’s gross domestic product (GDP).Availability of reliable and accessible data over the years has been a challenge and thus, if made available will aid both entrepreneurs and policy support organizations to provide ecosystem tailored solutions to drive economic growth and decent job creation.

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Capacity Building Of Women Essential To Strengthening Startups in Kumasi- Ghana Startup Ecosystem Findings

Articles Startups

Aug. 26, 2020, 11:23 a.m.

Women continue to play a vital part in strengthening and boosting Ghana’s Startup Ecosystem. According to the second edition of the Mastercard Index of Women’s Entrepreneurship (MIWE), 46.4 % of business owners in Ghana are women. The figure is encouraging considering that this has created numerous employment opportunities for the youth.Women are playing a vital role in the Startup Ecosystem in the Ashanti region. Aside from creating opportunities, women entrepreneurs continue to serve as relevant role models for young women who are considering business as an option.

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