We are the best growth partner for inclusive tech companies in emerging markets.


The Catalyst Fund accelerator combines catalytic grant capital, bespoke venture-building support delivered by industry experts, curated connections with our Circle of Investors and Circle of Corporate Innovators and access to the best network of tech innovators worldwide. The Catalyst Fund model is comprised of six core principles, which are present in all Catalyst Fund programs:


Support Inclusive tech companies targeting the underserved


Offer flexible and catalytic capital


 Provide bespoke and hands-on venture building support


Extend access to a global network of investors and corporates


Design strategies to accelerate innovation ecosystems


Share research and insights to spur greater innovation

How it works

Catalyst Fund portfolio companies are sourced and selected by committees of experienced investors in tech and emerging markets. Companies receive catalytic grant capital, bespoke venture-building support from local and domain experts, from BFA Global and our partners, and 1:1 connections with investors and corporate innovators. 


We identify the most promising inclusive tech companies, together with our sourcing committees, all of whom have extensive experience identifying promising companies in emerging markets. While we do not hold open calls for applications, companies may express their interest to be considered on a rolling basis.



Express interest

How much funding have you raised so far?
Less than $5K$5K-$15K$15K-$25KMore than $25K

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Express interest


Which category best describes your company's inclusive digital commerce offering?

Agricultural ServicesFinancial Services for SMEsE-commerceLogisticsDeliveryStock ManagementWarehousingBusiness Solutions for SMEsMarketplacesOther


Which option best describes your company's geography?

Headquarters in GhanaHeadquarters elsewhere, but registered entity in GhanaHeadquarters elsewhere, but partners with license to operate in Ghana Intentions to enter the Ghanaian MarketOther


Please check boxes that apply to you:

Your product or service contributes to growth of informal MSEs in Ghana in an Affordable, Accessible, and Appropriate manner (please elaborate)Your company targets informal MSEs in urban, peri-urban and rural areas in Ghana (please elaborate)Your company serves at minimum 30% of women led-microenterprises or workers (please specify exact percentage if possible)

Product/ service stage

Please select stage:
Initial prototype in limited release (e.g. alpha/beta) or pilotsMVP introducedProduct-market fit achievedCurrently scalingFully matureIn decline /being phased outOther


Financial Runway

What funding stage are you at?

Pre-seedSeedSeries APost- Series AOther

Youth Focus

How did you hear about us? (select one below)
Social mediaAfrobytesEmailOnline / print newsWord of mouthOther

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)
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Patient capital

Companies that are working toward product-market fit, reaching scale and expanding to new markets or segments need patient capital to pilot and iterate their product, while they work to achieve the proof points investors are looking to see. 

This is where we believe philanthropic capital, combined with expert-led support, has a significant role to play in helping companies reach scale, attract investment and ultimately reach more underserved users.

Bespoke venture-building support

Our venture-building support is entrepreneur-led and tailored to each individual company’s needs. We begin with a diagnostic phase that dives deep to understand each company’s product, strategy, communications, finance, operations, tech and other needs. 

The BFA Global team of fintech experts and venture builders then generates a detailed, sprint-based venture-building plan and embarks on a period of intensive support, essentially becoming part of the company’s team.


Typical company journey with Catalyst Fund

AAA approach: inclusive tech solutions

Catalyst Fund strives to create AAA (Accessible, Affordable, Appropriate) products and solutions that will truly benefit low-income, underserved populations.

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1:1 connections with investors and partners

We work with our companies to develop the compelling proof points they need to attract follow-on capital. We also match them on a 1:1 basis with additional members of our Circle of Investors, as well as our Circle of Corporate Innovators as our portfolio companies seek pathways for scale.


Learning agenda

We glean and share insights from our work with tech companies, as well as industry trends and proof points around innovative business models, to spur more tech innovation for inclusion.


Our programs

Inclusive FintechInclusive Fintech

Supporting early-stage fintech entrepreneurs in Kenya, Nigeria, South Africa, Mexico and India

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Inclusive Digital Commerce

Scaling digital commerce companies in Ghana to improve the livelihoods and financial resilience of MSEs

Learn more