The UG Venture Incubator will nurture viable alumni teams and ideas from ideation to proof of concept and market-entry.

    Newly hatched ideas from the UG Startup Challenge that have business viability and a great potential for impact will be nurtured here.

   The UG Incubator will provide seed funding, temporary office space and relevant support to help new ventures lift off.

   Each cohort of startups joining the incubator will be focused on a specific sector of Ghana’s economic and socio-political development.

                                                               UG Incubator
The incubator is structured to support early validation, market entry and readiness for acceleration.

Incubation Length:                  1 year
Location:                                  UG Campus
Industry/Sector Focus:           Industry and sector agnostic
Cohort Size:                             5 companies
Ongoing Learning:                    Hands-on support, strategy sessions, workshops, masterclasses, field trips, fire-side chats

                                         MEASURES OF PROGRAM SUCCESS
1. Successful idea test and validation
Test and validate stated problem using prototypes.

2. Fully working product or service
Move from prototype to fully working product or service.

3. Initial traction
Gain traction on initial crop of customers or key partners.

THE UG INCUBATOR WILL OFFER SUPPORT IN 4 STRATEGIC AREAS TO HELP STARTUPS LIFT OFF

 BUSINESS DEVELOPMENT
Building long-term value for their customers and the market.

 TRACTION
Support on onboarding their first crop of customers and/or partners.

 PRODUCT DEVELOPMENT
Support on quick prototyping, testing and full product development

 MARKET ACCESS
Support on finding product-market fit, developing a strategy for full market entry.