WHAT ARE YOU LOOKING FOR?

Popular Tags

Business

The Pitch Competition: GHS 100,000 Prize

The Pitch Competition: GHS 100,000 Prize

As a centerpiece of the launch, the fund is hosting a pitch competition specifically for women in the Fast-Moving Consumer Goods (FMCG) sector.

Feature Details
Grand Prize GHS 100,000 in growth capital for one standout founder.
Target Sector FMCG (Trading, production, packaging, distribution, and retail).
Objective To spotlight businesses ready to scale and build long-term wealth.
Launch Date Official activities commenced in February 2026.

Eligibility and Focus

The competition is designed for women-led businesses that are vital to everyday commerce but remain "significantly underfunded." It seeks founders with resilient, high-impact models ready to move from small-scale operations to regional leaders.


Fearless Microfinance Fund: Loan & Investor Details

Beyond the one-off pitch prize, the Fearless Microfinance Fund provides ongoing "catalytic capital" to support local SMEs.

  • Micro-Loans: Ranging from GHS 10,000 to GHS 30,000. These are intended for inventory growth, improved market access, and digital inclusion.

  • Investor Opportunity: Social-impact investors can participate in the fund with a guaranteed 10% annual rate of return, aligning financial gain with measurable social impact (job creation and geographic reach).

"Women across Africa are building resilient, high-impact businesses, yet they receive only a fraction of the capital needed to grow. This is about visibility, access, and possibility." — HM Queen Wa Arian Simone


How to Apply

Applications are currently open for both the pitch competition and the microfinance loans.

  • Official Website: fearless.fund/africa

  • Social Media: Updates are frequently posted on Fearless Fund's Instagram and LinkedIn pages.

The Bottom Line

Ghana serves as the anchor for Fearless Fund’s African operations. By launching in Accra, the firm is transitioning from a US-based venture capital model to a hybrid microfinance and growth-equity model tailored specifically for the African continent.

Image

Ghana News Daily is your trusted source for accurate, timely, and comprehensive news from Ghana and across the African continent. Founded with a mission to keep Ghanaians informed.

Please fill the required field.