Two Ghana-based companies, AgriMercarb and Ecovon, have been selected for the MassChallenge Switzerland Accelerator. The two companies are among 103 early-stage startups selected to join the 2024 acceleration program.
The selected early-stage startups come from 37 countries spanning 5 continents and have all committed to sustainability. Over the next 4 months of acceleration, the startups will engage with industry experts, corporates, and investors, while receiving world-class mentoring, tailored programming, free co-working space, and numerous key networking opportunities. The accelerator program will culminate on October 31st at the MassChallenge Switzerland Awards Ceremony, where the best startups will be rewarded with up to CHF 1 million in zero-equity prize money and several other in-kind prizes.
AgriMercarb, the Kosmos Innovation Center-backed agritech is a manufacturer of insect protein, fertilizer and energy using black soldier flies. Founded by Luther Jesse Quarshie, Emmanuel Acquah in 2022, the company leverages the power of black soldier flies. These busy insects become tiny waste-recycling machines, consuming organic waste and leaving behind nutrient-rich frass. AgriMercarb then transforms this frass into a potent organic fertilizer, promoting sustainable waste management
Ecovon produces biodegradable building and packaging materials made from coconut waste and sugarcane bagasse. Led by Brenya Isaac, the company seeks tobring to the market the first non-additive, bio-based, renewable wood product to market which is naturally flame retardant and anti-fungal without added binders (glues).
Source: Mass Challenge
