Over 200 SMEs Coached and Trained
Mirepa’s enterprise support and investment readiness interventions are carried out by Mirepa Capital Ltd.
Mirepa Capital Ltd (MCL) is registered in Ghana as a limited liability company to engage in development consulting, enterprise support and investment readiness services. Since 2016, the company has designed, developed and executed enterprise development programs for key partners specifically around early-stage business development, enterprise growth and scaling, as well as gender inclusion in the business landscape. MCL has also been a leader in providing support for climate impact initiatives in Ghana.
Some key projects undertaken by MCL and its team members over the past few years.
Projects
Clean Cooking Alliance (CCA)
Clean Cooking Accelerator
In partnership with CCA, MCL and Innohub Growth Centre designed the clean cooking accelerator for West African SMEs that manufacture or distribute clean cooking products and those within the adjacent energy access sectors who intend to incorporate clean cooking solutions into their product portfolio to apply. The accelerator will bridge knowledge, management, and technical gaps that hinder enterprises from participating in carbon markets and accessing carbon finance. The program will also enhance the visibility of these enterprises, fostering connections with carbon project developers, intermediaries, and carbon buyers.
Aligned impact areas:
Reach for Change
Rapid Scale
Mirepa co-created a program with Reach for Change (Ethiopia) to help social enterprises focused on delivering interventions for women and children, to evolve their business models towards becoming commercially sustainable. The main outputs were businesses that could concurrently scale their commercial and impact models. to enable them to scale their impact. Mirepa provided training and coaching that was geared towards equipping participating enterprises to rapidly scale their operations in a financially sustainable manner.
Aligned impact areas:
Campaign for Female Education (CAMFED Ghana)
Mastercard Foundation Young Africa Works Cooperative Project for selected Women-Led Entities in Ghana
Mirepa supported CAMFED to strengthen the operational capacities as well as supply chains of women-led/own businesses engaged in a number of agricultural value chains. The work involved helping the entrepreneurs to prepare their business models for growth/scale and to better organize the women producer groups in their supply chains into formalized cooperatives.
Aligned impact areas:
- Gender focus: Institutional capacity building for female-led/owned businesses
- Job creation: Improved livelihoods for women in Agriculture
- Strengthening of select agricultural value chains
Fidelity Bank Ghana
Orange Corners Innovation Fund (OCIF)
Mirepa is supporting Fidelity Bank to strengthen the start-up infrastructure and support young Ghanaians in scaling up their innovative and green business and creating decent and sustainable employment to contribute to sustained green and inclusive economic growth, higher levels of productivity and technological innovation and the improvement of gender equality in Ghana.
Aligned impact areas:
- Job creation: Provision of capital to young Ghanaian entrepreneurs
Fidelity Bank Ghana
Fidelity Young Entrepreneurs Fund (FYEF)
The Fidelity Young Entrepreneurs Fund (FYEF) supports existing businesses and startups of young entrepreneurs with financial and non-financial resources to harness social impact potential, build capacity, and guide youth-related businesses to grow and scale up their businesses. Mirepa Capital Limited is supporting these businesses post-investment with portfolio management and some value addition
Aligned impact areas:
- Job creation: Provision of capital to young Ghanaian entrepreneurs
SNV Ghana
GrEEn-Boosting Green Employment and Enterprise Opportunities in Ghana
The goal of the program was to address the root causes of irregular migration by supporting sustainable and climate smart businesses through the creation of green jobs, and promoting green enterprise development in regions of departure, transit and return. The program targeted women, youth and various MSMEs within the green sector. The team provided assistance with the development of a curriculum for the acceleration and incubation programs, developed the coaching and mentoring manuals for the accelerators and incubators enrolled in the program, trained accelerator and incubator managers to deliver the enterprise support interventions and provided guidance on investment options for the program.
Aligned impact areas:
- Clean Water And Sanitation: Provision of safe water to 1,000,000 Ghanaians
- Job creation: Creation of 1,000 jobs in 50 Ghanaian communities and provision of capital
- Industry, Innovation & Infrastructure: Building and refurbishing of water delivery infrastructure
SNV Ghana
Renewable Energy Development and Acceleration Project (REDAP)
Mirepa supported SNV Ghana through the Renewable Energy Development and Acceleration Project to improve capacity of RE businesses in Ghana to improve their chances of securing a loan facility provided by RDF. The support involved Mirepa performing a needs assessment and providing capacity building and technical assistance to bridge the gap between the present state of the businesses and the requirement from RDF and provided training, coaching and mentoring for entrepreneurs to help them to develop business models.
Aligned impact areas:
- Gender Focused: Capacity building and business linkages for female-owned
- Climate Change Mitigation: Encouraging the adoption of cleantech
Grundfos
Pilot - Ghana Water Initiative Launch of Community Water Systems
The Grundfos SafeWater strategic business unit has set a target to reach ten million (10M) people by 2025 with improved access to water. As part of this mission, Grundfos has proactively undertaken to understand how to support the provision of access to water services to Ghana’s underserved communities on a commercially viable basis with the ultimate goal to bring safe water to one million (1M) Ghanaians, create one thousand (1,000) jobs and reach fifty (50) communities with smart water solutions by 2025. Mirepa Capital has been providing support in the area of developing a financing mechanism to attract investors and entrepreneurs for the construction and management of water systems under the Ghana Water Initiative (GWI).
Aligned impact areas:
- Clean Water and Sanitation
- Job creation
- Climate Change Mitigation
GIZ
FEMMSTECH
Mirepa supported the FEMMSTECH program which was aimed at providing underprivileged girls in the Northern Region skills to participate in sales, service and maintenance of bicycles and motorcycles. Mirepa helped develop training material and designed technical assistance interventions for facilitators, funders and beneficiaries of a female in technology program in Ghana.
Aligned impact areas:
- Job Creation: Equip youth in the North with relevant skills
- Gender Focus: Focused mainly on the women and girls
Ghana Climate Innovation Center (GCIC)
Portfolio Management for incubated companies
Mirepa partnered with GCIC to assist climate technology businesses as well as other SMEs employing business practices that impact climate to develop new and better technologies. Mirepa assisted with training, coaching and mentoring for entrepreneurs to optimize their business models, provided guidance for SMEs to complete product development and supported them to secure grants for proof of concept.
Aligned impact areas:
- Climate Mitigation: Capacity building for Renewable Energy SMEs
The World Bank Group
Cross Border Diffusion of Technology and Business Models
Mirepa’s objective for joining this program was to help improve cross-border linkages in order to accelerate the business development of local companies in the climate, cleantech, renewable energy, and waste management sectors by replicating models that have worked elsewhere. Mirepa’s role was the co-creation of a cross-border business linkage process, facilitating introductions for matchmaking of local entities with international potential partners and performing due diligence to verify the credibility of both local and international matchmaking prospects.
Aligned impact areas:
- Climate Change Mitigation
- Sanitation and Waste Management