The First Annual Ghana StartUP Cup business model competition has been held in Accra. The Ghana StartUP Cup is an accredited member of the global network of locally driven business model competition opened to all types of business ideas. It is a model to build feasible businesses, nurture employment and increase entrepreneurial settings.
The Top 18 business models have been selected to move on to the next round of the Ghana StartUP Cup Business Model Competition. One will ultimately win the top prize of competing for a spot in the World Competition hosted by Yerevan Armenia and receive priceless advice from Coaches and Judges throughout the competition.
Speaking at the launch of the event Mr Emmanuel Nyame, Chairman of the Ghana StartUP Cup, said “participants in the business model competition are required to design a viable business model, develop customers and accelerate their start-ups into the marketplace through a comprehensive six-month judging, coaching, and mentoring process.” He disclosed that the competition would arm entrepreneurs with skills which would propel them from the ground to the highest levels in business and urged the Ghanaian community to support the diverse entrepreneurial climate.
Mr Francis Appiah, Head of Corporate Finance, Liberty Capital Holdings Ghana Ltd, commended the organizers of the competition saying “we take great pride to be associated with such an innovative venture to unearth, nurture and support young entrepreneurs to become successful.”
Mr Thomas Chen of the US Embassy, Ghana expressed the embassy’s satisfaction as a partner to help develop and sharpen the skills of budding entrepreneurs.
Lecticia Browne, Investor Relations of the Ghana Angel Investor Network (GAIN), also urged participants to take the opportunity offered seriously.