The Application Process

GFF Application follows a four-step process:

1

Application

Submit your application online at any time during a call for proposals.
2

Screening

Applications will be reviewed for eligibility and completeness. You may be contacted to provide additional information if your application is incomplete.
3

Selection

GFF experts will review and score each application, selecting a cohort of eligible businesses at the end of the call period.
4

Start of Advisory

Successful applicants are paired with experienced business business advisory firms. An Advisory Service Agreement will be prepared and signed beforehand.

Application Documentation

  • In addition to completing the short Application form, applicants are requested to provide additional documents that will enable the GFF team to determine eligibility and conduct an evaluation of eligible businesses. These documents need not be in any special format nor do they need to be consolidated into a single presentation. Documents in Word, Excel, Powerpoint (or non-Microsoft equivalents) and PDF format will be accepted.
  • Requested application support includes the following six items. Applicants may provide additional information if they feel it is relevant for evaluation purposes:

    1. Completed Online Application Form

    2. Evidence of Registration of the Business

    3. Financial Statements

    4. Business Plan

    5. Financial Model and Projections

    6. Letter of Interest

  • In the event that an Application is considered potentially eligible but incomplete, a member of the GFF team may contact the Applicant for further information. Applicant responsiveness to such requests will be greatly appreciated. Failure to respond during the selection and evaluation period may result in an ineligibility determination.

Submitting Application

Eligibility

Consult the Project Eligibility and Application Guidelines for detailed information on Eligibility and the Application Process

Download Here
Application

The application portal is open throughout the year, with applications being evaluated and cohorts selected in recurring rounds of four weeks. Our initial  application round closes on Tuesday, 31 December 2024 [23:59 GMT]. All applications received after this date will enter the next round. New rounds will be announced on the website.

Apply Here
Evaluation

Applications that are eligible for support will be reviewed by GFF experts, using a proprietary methodology that evaluates readiness across a number of key dimensions, awarding points for what has been achieved rather than using a binary yes/no cutoff approach to assessment.
Evaluations will consider the following factors:

  • Relevance to Ghana’s climate related goals
  • Commercial viability, as evidenced by positive EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), consistent revenues, long-term sales contracts or similar
  • Financial performance outlook
  • Quality and credibility of business plan and/or operational presentation
  • Environmental and social impact outlook
  • Job creation potential
 
Start of Advisory

Successful applications will be invited to conclude an “Agreement for Advisory Services” (AAS) with the GFF and a selected business advisory firm. This agreement outlines the scope of support to be provided, the conditions under which it is provided as well as the rights of every client receiving support.  The cost of services is covered by the GFF. 

GCD

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