Fidelity Bank, in partnership with Innohub Foundation, has announced the launch of the second edition of the Fidelity GreenTech Innovation Challenge (GTIC).

Designed exclusively to support idea-stage GreenTech businesses that address pressing challenges in Ghana’s agricultural value chain.

This year’s challenge will award grant funding totalling over GH¢900,000 to 16 outstanding teams, enabling them to transform their concepts into viable, sustainable solutions. 

Grant Funding over GH¢1,000,000 for Idea-Stage Innovators in a continued commitment to fostering agricultural innovation, Fidelity Bank will provide over GH¢1,000,000 in direct grant funding and support to 16 selected idea-stage enterprises.

Each of the selected winners will receive GH¢50,000, with the top 3 businesses receiving GH¢100,000, GH¢80,000 and GH¢70,000 respectively.

The funding is intended to help innovators refine their innovations, validate market demand, and build traction toward market entry. 

“At Fidelity Bank, we believe that transformative change begins with bold ideas,” said Nana Yaa Afriyie Ofori-Koree, Head of Partnerships, Sustainability, and CSR at Fidelity Bank.

“This year, by prioritising support for early-stage businesses, we aim to identify and empower innovative entrepreneurs whose solutions can make a significant impact on Ghana’s agricultural sector.

"Our collaboration with Innohub ensures that these entrepreneurs receive the financial support, mentorship, business development services, and networks they need to bring their ideas to life and drive lasting growth.” 

Idea Stage Only Building on learnings from the inaugural 2024 Challenge, which spanned three tiers, GTIC 2025 concentrates exclusively on the early-stage businesses (Ideation Tier).

This approach is designed to identify disruptive concepts, accelerate early validation, and build collaborative teams. 

“By zeroing in on early-stage solutions, we deepen our commitment to nurturing the next generation of GreenTech innovators,” said Nelson Amo, Executive Director at Innohub.

“Innohub will work closely with all 16 selected teams to refine their business models, ensure product-market fit, and prepare them for future growth. We’re excited to see how these businesses will evolve into transformative ventures for Ghana’s agricultural sector.” 

Applications are now open and will close on 4th July 2025. Interested applicants are encouraged to visit the challenge’s website at www.innohub.com.gh/gtic to learn more about the eligibility criteria and application process.

The challenge will culminate in pitching events where finalists will present their solutions to a panel of judges, and winners will receive funding, mentorship, and the opportunity to scale their innovations.