Deadline: 30 May 2025
Standard Chartered Bank Ghana PLC, in partnership with Village Capital is excited to announce the call for applications for the 5th Cohort of the Standard Chartered Women in Tech (FWIT) Incubator Program.
Despite women driving 34% of formal SMEs (World Bank, 2023) and 44% of micro-enterprises (Ghana Statistical Service, 2021), persistent barriers like limited access to finance (65%), digital skills gaps (40%), and regulatory hurdles (35%) (Mastercard Index, 2023) hinder their growth. The FWIT program directly tackles these challenges, fostering sustainable businesses with measurable social impact.
The Futurewomen In Technology Incubator, is Africa’s leading incubator programme for female-led and founded businesses. The incubator provides business management training, mentoring and seed funding. It aligns with calls for more diversity in technology, entrepreneurship and for more opportunities for women to develop entrepreneurial and leadership excellence. This is part of the bank’s Sustainability and Community Engagement strategy and focuses on supporting innovation, infrastructure and technology.
Priorities
- This year, they are doubling down on inclusion, with priority given to:
- Women entrepreneurs living with disabilities.
- Founders from historically underserved regions (Upper East, Upper West, Northeast, Savannah, and Central regions)
Benefits
- Selected participants will receive:
- World-class training
- A “Mini MBA” in business development, leadership, and digital innovation
- Personalized mentorship
- One-on-one advisory sessions with industry experts
- Masterclasses & networking
- Access to workshops and connections with top entrepreneurs
- Support services
- Legal, financial, and tech development guidance
- Funding opportunity
- Top five finalists receive $10,000 (GHS equivalent) in equity-free grants
- World-class training
Eligibility Criteria
- Eligible applicants must:
- Be Ghanaian women owning at least 50% of a registered business
- Have a business that has operated for at least 12 months
- Use technology or innovation in their product/service
- Demonstrate social, economic, or environmental impact
- Commit to full participation in the incubation process
For more information, visit Standard Chartered Bank Ghana.