Archive for US Embassy Ghana

Reflections : Ghana StartUp Cup 2013

winners

 

Ghana StartUp Cup 2013 was the most successive startup event in Ghana. With only 36 applications – 33 from Ghana,  one each from Nigeria, Kenya and Botswana, the event ended with infectious smiles on the face of participants and sponsors. It all started with a generous partnership with GCEEI and the Ministry of Foreign Affairs’ Africa Youth Economic Forum, where the competition was launched, followed by a full month for business model submissions.

The judges and mentors for the programme, which consisted of professional businessmen and advisors, took up the challenge of reviewing each business model and providing specific business mentorship for budding entrepreneurs who took part in the competition for 6 months. Selection moved from Top 18 to Top 7 until the final three were awarded at the awards ceremony.

Ghana StartUp Cup 2013 was proudly sponsored by Liberty Capital Holdings Ghana Limited (Title Sponsors) and Ghana Angel Investor Network(GAIN). Through  sponsorship, training sessions, as well as pitch and mentorship sessions, meals, media and other basic requirements were covered. Entry into the competition was however free.

 

DSC_0166

The climax of the 6 months competition happened to be the awards dinner where we had speeches from the U.S. Ambassador to Ghana, Gene A. Cretz, MD of Liberty Capital, Roger Adjovu, Investor Relations of Ghana Angel Investor Network, Leticia Browne, and Ghana StartUp Cup Chair, Emmanuel Nyame . Read Ambassador Cretz’ full speech HERE.

Each of the seven finalists were awarded. The final awards categories  and recipients are below:

  • Awards for Environmental Sustainability :

Winner: GUARDIAN ANGELS

  • 2nd Runner Up:

                GENESIS FINANCIAL SERVICES

  •  1st Runner Up:

                MANSUKI GHANA LTD

  • Overall Winner:

BRAVEHEARTS EXPEDITIONS

BraveHearts would continue to the World StartUp Cup, where they would have the opportunity to compete with other winners and ultimately fight for a spot in the top 7 finalists so as to compete in Armenia

Ghana StartUp Cup caught the attention of over 50 media houses (including television, radio, print and online) during the 6 month period of the competition and this was a good sign of how Ghanaians truly cherish entrepreneurship. This year provides another opportunity to challenge previous year’s standard, while achieving greater heights.

This year, the team at Ghana StartUp Cup have interesting programmes coming up as we partner with StartUp Cup’s Head of MENA (Middle East North Africa) and Africa region, Dalia Al-Said to launch a competition that would not only be fun to participate, but one that would be memorable and impactful

We therefore call on all stakeholders, governments, support agencies, to come on board the 2014 Ghana StartUp Cup, so as to achieve greatness together!

Ghana StartUp Cup is proudly hosted by Dream Pathway International with Sponsorship from Liberty Capital Holdings Ghana Limited and Ghana Angel Investor Network and support from US Embassy-Ghana, GEW-Ghana, Ghana Chamber of Commerce, MEL Consulting, Hub Accra, among a host of partners.

We look forward to a successful launch  Mid-Year.

 

 

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.