The consulting team assessed 300+ companies suggested through literature and online information, recommendations from various stakeholders, and a public call. OF the 300 companies the team shortlisted about 50, did further analysis on those, and then further interviewed, assessed and then rated 28 firms. Of these 15 companies were found eligible to qualify as either IB or IGB. Some more interviews are lined up. These 15 companies are recommended to the accreditation committee  for official accreditation and endorsing for IB/IGB award under the AGI business award on 9 November 2024. 

The company selection and accreditation will continue in 2025 and thereafter. It is assumed that every year about 20 companies will then be accredited. Seven of the 15 companies have small IB/IGB business lines (by revenue), 4 medium and 3 large. 12 firms are real IB and 3 potential IB. 10 of the 15 bring IB solutions to the income and 3 to the living standard problems of the BoP and 2 address problems in the environment.  9 firms engage the BoP as suppliers, 1 as worker, 7 as consumer and 1 as a shareholder (cooperative model); multiple categories were for 3 companies. Only 3 companies had also some relevant women empowerment features (beyond women engagement), 5 had deliberately designed environment impact features and 4 climate change related features.

By sector, 6 of the 15 firms are in agribusiness (Antika, Benso Oil, Esoko, Kuapa Kokoo, Rock Farm, Third Well), 1 in textile (Maa Grace), 1 in logistics (Yom Yom), 2 in finance (Sinapi Aba, Vision Fund), 2 in health (mPharma, New Crystal hospital), 1 in plastic recycling Trashy Bags), 1 in sanitation (WashKing) and 1 in organic waste to energy (Zuriel). The 15 companies had in 2023 a consolidated revenue of GhC 988 million (ca USD 66 million at as current exchange rate of 1:15), growing to projected 1.9 billion by 2030 (nearly double in 7 years). 

More impressive is the social reach of those 15 firms. In 2023 they reached 2.7 million people of which 1.9 million (77%) came from poor and low-income households (the BoP). By 2030 social reach will go up to 2.9 million BoP people (53% increase) and 4.5 million people in total. Imagine, if 15 IB/IGB companies are so successful in revenue and reach, how much more can be achieved when the IB/IGB initiative is scaled up.