We are delighted to share the news of the renewal of the Growth Accelerator programme for the third year in a row. This programme is designed to support Liberian businesses and cooperatives that are making a significant impact on the community. The programme covers seven counties, including Montserrado, Lofa, Grand Cape Mount, Nimba, Grand Bassa, Sinoe, and Grand Gedeh, by providing them with access to technical assistance, mentorship, and co-financing.
The Growth Accelerator programme is thrilled to announce the inclusion of a new cohort focused on clean energy ventures this year. The renewable energy cohort will run simultaneously with the standard MSMEs and Agricultural Cooperatives cohorts. This new addition highlights our commitment to supporting sustainable development in Liberia.
Over the past two years, the Growth Accelerator programme has played a vital role in driving local MSMEs towards their business goals. We are proud to have awarded $720,000 USD and provided business training to twelve MSMEs and six Agricultural Cooperatives. We are determined to continue offering unparalleled resources and support to scale these ventures and help them achieve their full potential.
We are pleased to announce that the official launch of this year’s Growth Accelerator cohort is scheduled for May 19, 2023. We would like to express our gratitude to the UNDP Liberia and the Ministry of Commerce & Development for their unwavering support. We are excited to continue empowering local entrepreneurs and making a positive impact on the Liberian economy.
In conclusion, the Growth Accelerator programme is an excellent opportunity for Liberian businesses and cooperatives to receive the necessary support to grow and achieve their objectives. We encourage all eligible ventures to apply for the programme and join the growing network of successful Liberian businesses that we have supported over the years.