EWaste Africa was announced as the winner of the GCIP-SA 2022/23 competition at the GCIP-SA Awards Gala Dinner on 17 March 2023. This is the culmination of a programme that started in July 2022, progressing through numerous rounds. The GCIP-SA is part of a global initiative aimed at promoting clean technology innovation and supporting entrepreneurs in growing their SMMEs and start-ups into viable, investment-ready businesses. Each year the GCIP-SA combines an annual competition and a business accelerator programme where SMEs and start-ups are continuously trained, mentored and assessed on their business models, investor pitches, communication and financial skills for the development of a more marketable and investor-attractive product and business.
Praveshen Naidoo, the Founder and Managing Director of EWaste Africa, said that “it has been an extremely enlightening journey with GCIP which has educated us on how to showcase our businesses to secure climate impact-specific funding. Winning this program has signalled to the market that we are ready for the next round of funding to grow our business to $10M dollars yearly revenue over the next few years.GCIP is truly the ‘MBA’ for climate-specific high growth businesses and entrepreneurs.”