iSpace: Expanding a Start-Up Hub for West African Entrepreneurs
iSpace, a start-up hub that focused on women in technology, was founded in 2013 in Ghana's capital, Accra, and provided space, technology, and funding to 62 entrepreneurs. In May 2017, the co-founder wanted to expand the business to maximize social impact by empowering a greater number of entrepreneurs who lacked technical skills, emotional support, and access to funding. iSpace had four strategies to choose from to meet its goal: create new programs to attract more entrepreneurs in Accra, establish a presence on university campuses, expand into other regions or countries, and collaborate with government programs. In addition, the company needed a plan to address the financial and human resources constraints it would face in executing an expansion strategy.