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):
Onecedi.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
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.
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
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
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
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.