The NEXTi2i project is a collaboration between Ashesi University and MIT D-Lab, funded by USAID. The Ashesi Venture Incubator is a pilot program of the project and is designed with the intention of developing hybrid businesses that are aligned with the Sustainable Development Goals.
The incubator model is intentional about the development of hybrid entrepreneurs because it is not enough to just equip this new age of entrepreneurs with the skills to be profitable. To meet the urgent matter of sustainable development in emerging economies, businesses must also be in the position to deliver some level of social impact, be it through their supply chain processes, sourcing, or inclusive employment practices.
Thus, the Ashesi Venture Incubator is a one-year incubation experience for recent graduates and alumni of Ashesi University. Over the course of the one-year experience, fellows (incubatees) are provided with financial support, business development programs, and mentorship from local and global industry professionals.