Cyril Nii Ayitey, executive director of Yecham Property Consult, has stated that the inaugural cohort of the Green Accelerator Program would consist of about five start-up enterprises.
Cyril Ayitey, who provided updates at the Ghana Green Building Summit in Accra, said the start-ups will go through a rigorous nine-month business coaching exercise to help them scale and be ready for the market.
We are doing this via a Memorandum of Understanding with She Grows It, who is providing the coaching with sponsorship of $45,000 USD.
In order to increase capacity and give young people access to building and design tools through the EDGE app, we have also teamed with IFC to organize a Green Building Challenge, the official said.
“The most exciting aspect of this is the emerging winner from the competition will be allowed to design and construct a green building structure which will serve as model that will be open to the general public to sample the green building experience,” Mr. Ayitey added.
He further revealed that an agreement has been signed with some partners to create a green development pipeline with a 30-unit apartment project.
This, he explained, forms part of efforts to boost awareness of green building in the country and reduce the national housing deficit.
Cyril Nii Ayitey further called for the adoption of green technology in Ghana’s construction space, which he believes can be cost-effective and energy efficient.
“To have the desired impact, projects must be designed to maximize energy savings and minimize construction costs by using less energy and water.”
The annual Green Building Summit focuses on engaging stakeholders to deliberate opportunities, challenges, and solutions for Ghana’s green-built environment.
The aim of the summit is to reduce the negative impact of real estate projects on the environment whilst conserving natural resources.
5 start-ups identified to form first cohort of Green Accelerator Programme – Cyril Ayitey