Ghana’s business development ministry opens an avenue for students to pitch their business ideas, here’s how much students will get

October 9, 2019 12:22 PM

The government of Ghana has set out a fund to finance carefully vetted business pitches of student entrepreneurs across various universities in the country.

Minister for Business Development, Ibrahim Mohammed Awal

This initiative is aimed at stimulating the entrepreneurial mindset of young people to make them job creators and not job seekers in the country.

The Minister of Development, Dr Mohammed Awal made the revelation while he spoke to JoyBusiness in Accra.

According to him, the initiative falls under the maiden edition of the Campus Business Pitch where students in the coming days will pitch their business ideas with seasoned entrepreneurs.

The ministry said it is investing an amount of GH¢3 million in the program.

“We are looking at changing the mindset of our students from seeking jobs after university to creating jobs for themselves. This Campus Business Pitch is the first of its kind and will grant these students a great platform to be entrepreneurial and self-independent,” Mr Awal said.

He added that the overall goal of the policy is to support economic growth through the development of entrepreneurship and innovation programmes that create more jobs, generate more income, and help to reduce poverty.

“The policy also aims to create and strengthen an entrepreneurial environment,” he said.