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7 Entrepreneurs Advance to Final Round

From more than thirty business models sumbitted, seven Ghanaian entrepreneurs have advanced to the final round of the Ghana StartUp Cup Business Model Competition. On November 9, 2012 the seven finalists will present a two-minute pitch to the panel of local StartUp Cup judges.

The Top 7 finalists are(In no particular order):

1) Onecedi.com

onecediOnecedi.com , an initiative of Virtual Innovations group, is an online based startup which offers an easy and convenient way to shop, providing customers with a unique shopping experience with low prices, great choice and comprehensive product information plus free delivery on purchase . Items on sale include  Books, Music, Software,Electronics, Toys, Home & Garden, Grocery, Sports & Leisure, Jewellery & Watches, Health & Beauty, Baby, Shoes, DIY & Tools, Car & Motorbike, Clothing and many more.

 

 

 

2) Guardian Angels

guardian angels

The Guardian Angels company manufactures and sells a solid perfume whose components is made up of bees wax, almond oil, petroleum jelly and essential oils. The solid perfume is light; does not spill due to its solid form; its odor is long lasting due to the potency of the bees wax, the ingredients and scent of the perfume are also long lasting. It does not contain alcohol which makes it suitable for people with sensitive skin.

 

 

 

3) Genesis Financial Services

genesis

Genesis Finance is a multi award-winning microfinance company  which provides tailored products and services to the unserved Ghanaian niche. Genesis aims at reviving the Small and Medium Scale Enterprises through credit and investing to maintain the brand equity they have built over the years. Genesis aspires to be a top Bank by 2018.

 

 

4) Visser Farms

Visser farms is an agricultural company that deals in rearing, sales and medical maintenance of Grascutter, Africa’s second largest rodent.  Visser farms makes use of clinically accepted standards in catering for rodents and hopes to expand its local base of production

 

5) Mansuki Ghana Ltd

Mansuki

Mansuki Ghana Limited (MGL) is a manufacturing, packaging, trading and service company. MGL manufactures bathing soaps – African black soaps (AlataSamina), body creams/butters, hair food/pomade and massage oil. It has 9 different finished products to its credit with the brand name; MGL naturals

 

6) Mobilicious

mobilicious

Mobilicious is a mobile food service that provides services across tertiary campuses in Ghana. It’s based on the phone call order system where a student calls to order and delivered to their respective hostels

 

 

 

7) Braveheart Expeditions

braveheart

BraveHearts Expeditions is an adventure organization which engages young people worldwide in adventurous nature research expeditions and education in order to help to conserve the diversity and integrity of life on earth, while helping individuals discover their survival abilities in a most profound way.

 

 

Before the final presentation round on November 9, the seven finalists will receive specialized coaching in two main areas: business model and pitching techniques. This coaching will connect them to resources and expertise to help polish their business model and pitching skills for the final round of judging.

“All of the entrepreneurs in the First Presentation Round inspired us with their passion for their business, and their interest and responsiveness to our judging panel. Even though only 7 could advance to the  Finals, they are all winners and will no doubt make valuable contributions to our community,” said Marina Langereis, a judge on the panel.

The top Ghana StartUp Cup Business Model Competition winners will receive a cheque from Liberty Capital Holdings Ghana Ltd as cash prize, among other business advisory support services from the Ghana Angel Investor Network (GAIN) and other key partners to the Ghana StartUp Cup process.

The top three winners will be announced during the Ghana StartUp Cup Business Model Competition celebration that will be held during Global Entrepreneurship Week on the 21st of November 2013.

Ghana StartUp Cup Launched

Ghana_Logo

 

 

 

 

 

 

AICC, Accra -May 25, 2013

StartUp Cup, a featured event of the Global Entrepreneurship Week, has been launched by the Chairman of the Ghana StartUp Cup in Accra in the Capital.

This business model competition which is the first of its kind in Ghana was launched at the Accra International Conference Centre (AICC) on the 25th of May, 2013.

It occurred on the platform of the Africa Youth Economic Forum (AYEF) which took place at the AICC to commemorate the Jubilee Celebrations of the Africa Union (AU) Day.  The youth forum was organized by the Ghana Centre for Entrepreneurship, Employment and Innovation (GCEEI) in partnership with the Ministry of Foreign Affairs in Ghana.

StartUp Cup, as it is the first time to hit the shores of Ghana is in well over 40 but in close to 50 countries across the globe.

Before the launch of the programme, a brief round-sitting discussion was held by the major players of the programme and they consisted of the StartUp Cup Judges, Mentors and some notable stakeholders in the entrepreneurial Ecosystem, some of whom are Mr. Stephen Gyasi-Kwaw who is the Chief Executive Officer (CEO) of  Youth Enhancement International and Madam Leticia Browne, Investor Relations at Ghana Angel Investor network (GAIN) all of whom delivered their speeches during the discussion.

The Founder and Chief Executive Officer (CEO) of  StartUp Cup, Mr. Sean Griffin said, He is very excited that Ghana StartUp Cup has joined the StartUp Cup Community.  He Challenged the Ghanaian community to support the diverse entrepreneurial climate.

He said StartUp Cup does not seek to glamorize the Startup process.  Rather it moves beyond generation of ideas by focusing on the mechanics on what is required to design and build a business that can stand the test of time.

StartUp Cup is a global network of business model competitions designed to provide community-based and long-term support to participating local entrepreneurs during their early growth stages. This proven model to build businesses and create jobs can be replicated in any community.

StartUp Cup is a Featured Event of Global Entrepreneurship Week and an Official Partner of the U.S. Department of State’s Global Entrepreneurship Program. Partnering with Ghana StartUp Cup are, ColoJar, Ghana Angel Investor Network (GAIN), and Global Entrepreneurship Week- Ghana.

Other partners include MEL Consulting, Africa Youth Economic Forum, Growth Mosaic, HR Focus Magazine, Hub Accra, Startup Digest( Powered by Kauffman Foundation), Beauty Secrets Cosmetics, Dutch Lady Consultancy, myjcr, One Broadcast and DTE Group Inc.

According to Mr. Emmanuel Nyame who is Chairman of Ghana StartUp Cup “StartUp Cup is a great opportunity for Ghana’s entrepreneurial community”

Most important of all according to Mr. Nyame, “StartUp Cup is a proven model to grow an entrepreneurial ecosystem as it comes with an added value of being able to support entrepreneurs and arm them with skills which will propel them from ground levels to the heights in business”

He said StartUp Cup is a global network of locally driven business model competitions open to anyone with any type of business idea.  He said, entrepreneurs will receive coaching and mentoring from local seasoned entrepreneurs and business leaders throughout the competition.

He then stated that online submissions will be open until June 30, 2013 by 11:59pm.  He further entreated all youth (students, graduates, workers, etc.) who have the interest and would want to take part in the business model competition to visit their website on www.ghana.startupcup.com.

Mr. Emmanuel Nyame later stated that entrepreneurs who would participate in the Ghana StartUp Cup business model competition would be required to design a viable business model, develop customers, and accelerate their startup into the marketplace through a comprehensive six-month judging, coaching, and mentoring process.

He said an award ceremony will be held in November to announce the winners during the Global Entrepreneurship Week and the grand prize winner will be eligible to compete in the World StartUp Cup in 2014.The winning company then gets an all expenses paid trip to the 2014 Global Entrepreneurship Congress in Moscow, Russia. Over US$ 30,000 worth free services, prizes and specific awards would also be available to finalists. There would also be an investment structuring with the Ghana Angel Investor Network (GAIN).

Most important of all is the life-long support that StartUp Cup provides, said Mr. Emmanuel Nyame, Chairman of the Ghana StartUp Cup.