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Social entrepreneurship for sustainable development in sub-Saharan Africa: lessons from business incubation in selected countries

Over the past several years, there is growing recognition among the impact investing community that there is an acute need for early stage support for business incubation and acceleration. While there are thousands of early stage innovators seeking to launch companies that can drive social change, very few are able to build the teams, find the customer base, or raise the investment necessary to scale up.

Using mixed research methods with primary and secondary data in Cameroon, Burkina Faso, and Ghana, this project seeks to strengthen the ecosystem of social entrepreneurship. It will do so by exploring ways to strengthen existing research and innovation ecosystems in the selected countries, as well as the potential roles that each of the key stakeholders can play. The research findings will inform policy discussions and business incubation practices in the focus countries. The project will also suggest entry points for impact investors seeking to develop the potential of the selected markets through support to national ecosystems.

Project ID
109453
Project Status
Active
Duration
24 months
IDRC Officer
Flaubert Mbiekop
Total Funding
CA$ 302,200.00
Location
Burkina Faso
Cameroon
Ghana
Institution Country
United States
Project Leader
Denis Foretia
Institution
The Denis & Lenora Foretia Foundation Inc