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

  • Detailed guidance for determining eligibility and preparing an application can be found in the Project Application and Eligibility Guidelines document. All applicants are encouraged to review this document thoroughly before preparing their application.
  • 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

Information

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. The first application period ended 31st December 2024. If you submitted an application after that date, we encourage you to review the updated Project Application and Eligibility Guidelines and, if necessary, revise your application submission

The application period for the second GFF Cohort ended on Friday, 16th May [23:59 GMT]. Applications received prior to this deadline are now undergoing screening and review. New rounds will be announced on the website.

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 factors below. For additional information, please consult the Project Application and Eligibility Guidelines.

  • Nature of the Business and its Value Proposition: Reference to Ghana´s climate-related plans and NDC commitments if possible.
  • Quality and Credibility of the Business Plan for Operations & Investment Project Implementation, to include market understanding and analysis, governance structure, mechanisms and features, implementation plan, risk management and management team.
  • Commercial (financial) viability, as evidenced by positive net profits, consistent revenues, long-term sales contracts or similar.
  • Financial performance outlook, evidenced by financial projections based on realistic assumptions
  • Current and projected Environmental and Social Impact, including Job Creation potential
  • Quality, clarity and professionalism in the preparation and presentation of the Application
 
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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