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Efforts to support young entrepreneurs: Govt launches GH¢1m Presidential Pitch
The Ministry of Business Development yesterday launched this year’s Presidential Pitch aimed at providing startup capital for young entrepreneurs across the country.
The initiative, as part of government’s efforts to curb the high unemployment rate, will see 10 successful applicants pitch their business ideas before a jury in a final competition slated for July 1, 2020 to qualify for financial support.
This year, government has earmarked a GH¢1 million grant for successful applicants to realise their business ideas and improve livelihoods.
The Minister, Dr Mohammed Awal speaking at the launch of the project in Accra yesterday indicated that application processes were opened for candidates from 18 to 35 years.
“There is an eight-day window, which begins today, for applicants to put in their proposals. Applicants can log on to www.mobd.gov.gh to apply or walk to the Ministry to submit their bids.
It has to be just a simple idea, maybe a page or two, but it must be one that is innovative, feasible, scalable and has the potential to create jobs. We expect to receive about 1,000 applications.”
According to Dr Awal, about 460 jobs had been created in the last two editions of the project “and this year, we hope to create about 250 jobs more.”
The Minister submitted that the rationale behind the “Presidential pitch” is to build an entrepreneurial ecosystem where the Ghanaian youth would be able to generate ideas and be supported to achieve them.
He compared the country’s youthful population to that of other nationalities and the burning drive to venture into entrepreneurship in such countries unlike Ghana.
“Elsewhere about 80 per cent of graduates have their business ideas ready before completing school and they have systems to support them but here, only 10 per cent of our graduates want to venture into entrepreneurship; the rest compete for jobs in the public or private sectors which are already choked.”
Dr Awal said, government was poised to change the status quo by “building entrepreneurs out of our young people so that they are interested in owning their businesses instead of being employees.”
He urged young people to take advantage of the initiative and apply, stressing that “this is free, transparent and here for every youth.”
The Deputy Chief Executive Officer of the National Entrepreneurship and Innovation Plan (NEIP), Abigail Swad Laryea in a remark indicated that the initiative adopts strict monitoring mechanisms to ensure that business owners use funds for the intended purposes.
“So far, the previous winners are doing well. We require them to give us a report at least every six months to help us monitor progress of their businesses.
Currently our maiden winner has her products on the markets in most of the shopping centres and we are supporting her inaugurate her factory soon. The last winners are almost in the final stages of developing their ideas and we have been with them throughout,” she stated.
Ms Laryea pointed out that applicants who were unable to come out tops in the competition were also assisted to nurture their business ideas “so that they do not lose them.”
She encouraged interested persons who were unschooled to seek assistance from the Ministry to undergo the application processes and possibly qualify for the grand finale.
Source: Ghanaian Times
Madam Sandra Seyram Kpedor, the District Chief Executive (DCE) of Anloga in the Volta Region, has emphasised the importance of parental involvement in children’s education, stating that education is free, but parents need to do more to support their children.
She said parents, teachers, and students must be involved in addressing the challenges facing the district’s education sector, particularly the poor Basic Education Certificate Examination (BECE) results.
Madam Kpedor outlined some key roles parents should play to promote their children’s education, including providing a conducive learning environment, monitoring their children’s progress, and supporting teachers.
The DCE highlighted some challenges the district faced such as inadequate infrastructure and a shortage of teachers, which have also contributed to the poor BECE results and called on well-to-do parent to help solve the situation through and other supports.
To address the issues, she also announced that plans have been taken to utilise the district’s common fund to implement educational projects, such as constructing school blocks and teachers’ bungalows at Sodzi community, and 2-unit classroom blocks each at Akplorwutorkor and Tegbi-Afedome respectively, among others.
Madam Kpedor also noted that her office had earlier notified the Ministry of Education to deploy more teachers to the area to improve teaching and learning, and encouraged students to work hard and strive for excellence, and work beyond their limit to succeed.
“To my wonderful and beautiful girls, you have to know it clear that women and girls have equal opportunities to compete with men for greater achievements,” she indicated.
The DCE cited her own achievement as a testament to the fact that women can excel in leadership positions, alongside Vice President Nana Jane Opoku-Agyemang, and stressed that girls were no longer limited to domestic roles but can pursue their dreams and become leaders.
Additionally, she mentioned that a meeting was held earlier with assembly members, and other stakeholders to address the district’s educational challenges and improve academic performance.
She promised that the district’s education oversight committee and stakeholders would work together to address the challenges and improve the district’s BECE results and called for parental involvement and support to boost the district’s education sector for children to chase their dreams to become future leaders for the success of the district and the nation.
She urged parents not to leave everything to the government but rather help in the provision of some necessary materials such as textbooks, exercise books, pens, pencils, food, and guidance to children for the successes of young learners. –GNA
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The spokesperson for Dr. Bawumia, Dennis Miracles Aboagye, has criticised the implementation of the NDC government’s No Fee Stress policy, arguing that the programme has failed to deliver on its core promise.
According to him on Starr fm, the policy, which was introduced to ensure stress free payment of fees for level 100 tertiary students, has rather turned into what he described as post stress support.
He explained that students are required to pay their fees first before applying for reimbursement, a situation he believes defeats the purpose of the policy.
He questioned claims by government officials that the policy has been successful and that citizens are happy.
In his view, such claims do not reflect the lived realities of many Ghanaians. He stressed that while some people may appear satisfied, many others continue to struggle.
Dennis Miracles Aboagye pointed to the situation of trained teachers and nurses who have been picketing for nearly six months, demanding employment.
He noted that government responses suggesting it cannot accommodate all of them contradict claims of economic stability.
He further argued that economic indicators such as a stable currency mean little to people who are unable to secure jobs or access promised support.
He observed that telling an unemployed teacher or a struggling student that the cedi has strengthened does not address their immediate challenges.
On the issue of tertiary education, he maintained that no level 100 student benefited from stress free fees in 2025, despite the policy being announced.
He added that in 2026, students have already reported to school without receiving the promised support.
He insisted that asking students to pay fees first and seek reimbursement later amounts to support after hardship, not stress free education.
According to him, this approach goes against what was promised during the policy announcement.
Dennis Miracles Aboagye questioned why a government that presents the economy as strong is unable to fulfil what he described as simple and clear promises.
He added that there is a fundamental problem with the way the economy is being managed and indicated that he is prepared to explain his position further.
By: Jacob Aggrey
