UNICEF Startup Lab selects 25 tech-enabled social impact startups for Cohort 4 of 2024 accelerator program

Date: 2024-05-10
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The UNICEF Startup Lab has selected 25 tech-enabled social impact startups for its highly anticipated Cohort 4 of the 2024 accelerator program. The program according to organizers is designed to provide crucial support to social impact startups, empowering them to enhance their business models for maximum impact, access partnership and financing opportunities, establish market linkages, build networks, and receive personalized mentorship.

The UNICEF Startup Lab's 2024 accelerator program kick-off marks a significant step forward in harnessing the power of technology and entrepreneurship to drive social change and improve the lives of children and young people across Ghana.

The UNICEF Startup Lab programme is led by UNICEF in Ghana, supported by KOICA (Korea International Cooperation Agency), and implemented by MEST Africa, under the “KOICA-UNICEF Accelerating Entrepreneurship and Innovation in Ghana” project. Throughout the program, the startups will collaborate with UNICEF program specialists to refine their products, ground truth their solutions, and gain invaluable insights into market dynamics. Additionally, they will be exposed to international and national investment opportunities, with a gateway to the UNICEF Innovation Fund and the Digital Public Goods Alliance.

Speaking on the occasion, Fiachra McAsey, UNICEF Deputy Representative, Ghana, emphasized, "The UNICEF Startup Lab accelerates innovative, market-driven, transformative solutions developed by young Ghanaian businesses that aim to address some of the most complex challenges affecting the well-being of children and young people around the world, particularly the most vulnerable. We are excited to welcome this new cohort to the UNICEF Startup Lab to support them in making a positive difference for every child."

Bosung Jeang, Senior Deputy Country Director of KOICA Ghana, stated, "KOICA is honoured to support the UNICEF Startup Lab in nurturing the next generation of social impact innovators. KOICA shares in the aspirations of the young and budding startups chosen to make a difference in the lives of people and society amidst the global challenges we are all facing. Investing in these startups is an investment in the well-being of Ghana's children and the sustainable development of the nation.”

Ashwin Ravichandran of MEST Africa added, "The startups selected for the 2024 cohort are a testament to the vibrant tech ecosystem in Ghana. We are committed to providing them with the tools and resources they need to succeed and scale their impact. We look forward to witnessing the transformative solutions they will bring to the market."

Out of over 500 initial applications, the 25 selected startups represent a wide array of sectors, including education, health, agritech, frontier technologies, assistive technologies for individuals with special needs, mobility, fintech, and climate action. The cohort is geographically diverse, covering regions such as Greater Accra, Ashanti, Eastern, Northern, Volta, Ahafo, and Brong Ahafo.

By:  Nana Appiah Acquaye

 

 

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