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The Innovation Spark

Skin Gourmet secures GHS200,000 as the top winner of the Fidelity Bank GreenTech Innovation Challenge.

by Staff Reporter
September 11, 2024
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Skin Gourmet secures GHS200,000 as the top winner of the Fidelity Bank GreenTech Innovation Challenge.
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Skin Gourmet, the Ghanaian sustainable skincare brand renowned for its 100% natural and organic products, clinched the top prize at the Fidelity Bank GreenTech Innovation Challenge (GTIC) 2024. Skin Gourmet emerged as the overall winner in the Commercialisation Category, receiving a cash award of GHS200,000 for its innovative, eco-friendly, and market-ready solutions that harness Ghana’s rich natural resources.

The GTIC, launched by Fidelity Bank in partnership with Innohub, aims to accelerate tech-driven, sustainable solutions in Ghana’s agricultural sector. Originally committing GHS1.2 million in grants across various categories, Fidelity Bank exceeded expectations, distributing over GHS1.4 million to the most groundbreaking businesses. The competition attracted 197 applicants, and after rigorous selection, 17 finalists were awarded grants based on their transformative impact and technological potential.

Skin Gourmet’s Winning Edge

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As the top winner, Skin Gourmet stands out for its unique approach to sustainability, sourcing raw, wild ingredients directly from nature. The company leverages Ghana’s natural resources to create skincare products that are not only eco-friendly but also ethically produced, making them a market-ready success. This recognition underscores the brand’s innovative contributions to sustainability and its ability to scale in the competitive global market.

Meet the winners!

Commercialisation Stage

Skin Gourmet – GHS200,000

Axis Drone Service – GHS100,000  

Farm 360 – GHS100,000  

Scale-Up Stage (awarded GHS100,000 each)

The winners include Freshline Post Harvest Solutions, Agrimercarb, Nastech Power Solutions and Wobil Technologies. 

Ideation Stage (awarded GHS50,000 each)

The winners include AgriSupport, Chan-Tico, Agricom, Monger Foods,  Fresh Aura, Sunify, Enactus UMAT, Verte Tower, AgriEase Limited, and  Farmitecture.

Tags: Fidelity Bank GreenTech Innovation ChallengefundingGhanaGhana Innovation JournalSkin gourmet
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