Inclusive Digital Commerce

The Catalyst Fund Inclusive Digital Commerce Accelerator supports digital commerce companies who are building solutions designed to improve the livelihoods and financial resilience of micro and small enterprises (MSEs).

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Partners + supporters

The Catalyst Fund Inclusive Digital Commerce Accelerator is managed by BFA Global. It is supported by Mastercard Foundation, and executed in partnership with MEST in Ghana.

 

About the program

In Ghana, existing digital commerce solutions tend to exclude informal micro and small enterprises (MSEs), who have been hardest hit by the impact of the COVID-19 economic crisis. As a result, they are unable to leverage digital commerce opportunities to fuel their growth and secure their incomes. The Catalyst Fund Inclusive Digital Commerce Accelerator will scale innovative companies that can enable informal MSEs in Ghana to reap the benefits of digital commerce solutions, with a goal of spurring the development of the wider ecosystem.

 

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How did you hear about us? (select one below)
Social mediaAfrica Tech SummitTech in Ghana conferenceEmailOnline / print newsWord of mouthOther
Do you want your company to be considered for a digital commerce company showcase on November 4 with leading investors in Ghana?
YesNo
Do you consent to your company being featured in our ecosystem database showcasing digital commerce companies in Ghana? (any sensitive info will be excluded from the database)
YesNo
Sign up for the Catalyst Fund Mailing List
YesNo


Investment Advisory Committee

Companies selected for the Inclusive Digital Commerce Accelerator are identified via quantitative and qualitative sourcing research, to determine existing ecosystem gaps and challenges faced by MSEs. Companies are then vetted by an Investment Advisory Committee composed of experienced emerging markets investors and experts in the digital commerce space in the Ghanaian and wider African market.

Investment Criteria

Companies who meet the following criteria will be evaluated for selection

Inclusivity

Preference for companies with current or proven desire to serve informal MSEs

 

Proven traction

Company has already raised a minimum of $100K from investors or is revenue positive, and serving at least 500 customers

Stage-fit

Company has a product in market and is in the scaling stage

Minimum runway

Company has 6-12 months of runway

Geography

Company is Ghana-based (or entering the Ghanaian market)

Product type

Company is offering solutions across the digital commerce value chain

Youth focus

Company primarily serves informal MSEs and workers between the ages of 18-35

Scale potential

Company can contribute to the goal of reaching 25,000 additional MSEs within 2 years

Focus region

Ghana is making progress in creating favorable conditions for a thriving digital economy, including a new digital financial services (DFS) policy to facilitate access and usage of DFS. However, existing digital commerce solutions exclude informal MSEs due to a lack of: effective digital onboarding mechanisms, MSE financing and interoperability across digital commerce systems.

The accelerator will scale six digital commerce companies over the next two years. Each company will receive flexible grant capital of up to US$120,000 + tailored venture acceleration support + connection to our growing global Circle of Investors (65+) and other ecosystem enablers.

Express interest in being considered for the program, and be included in our ecosystem database.

EXPRESS INTEREST

Express interest













How did you hear about us? (select one below)
Social mediaAfrica Tech SummitTech in Ghana conferenceEmailOnline / print newsWord of mouthOther
Do you want your company to be considered for a digital commerce company showcase on November 4 with leading investors in Ghana?
YesNo
Do you consent to your company being featured in our ecosystem database showcasing digital commerce companies in Ghana? (any sensitive info will be excluded from the database)
YesNo
Sign up for the Catalyst Fund Mailing List
YesNo


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