An Overview of the Presidential Pitch
The Presidential Pitch is a special entrepreneurship initiative designed and organised by the Ministry of Business Development in conjunction with the National Entrepreneurship & Innovation Programme (NEIP).
The purpose of this initiative is to offer young Ghanaian entrepreneurs between the ages of 18 and 35 the opportunity to pitch their business ideas in the hope of obtaining funding to operationalise and scale their businesses. At the end of the individual pitches, a specified number of finalists are selected to receive varying amounts of funding grants for their businesses.
A panel of judges get to decide who obtains funding. These judges are all seasoned and accomplished entrepreneurs in their own right. To show the level of commitment he has towards youth entrepreneurship, the President of Ghana, His Excellency Nana Akufo Addo sits through all the business pitches.
Season 3 Speech by President Nana Akufo Addo
Seasons One to Three Presidential Pitch Events
Douglas Akoglo, founder of Sheacoal Zoyanna Enterprise emerged as the overall winner. He received a cash prize of GH¢70,000 with an additional GH¢30,000 from President Akufo-Addo.
The first runner-up was Theophilus Dumenya, CEO of Anquito, a small enterprise that produces eco-friendly mosquito repellants. He received an amount of GH¢60,000.
The second runner-up was Cornelius Nyobator, the founder of Verdant Company which produces organic herbicides. He received GH¢50,000 to expand his business. Winners from the 4th to 10th position each received GH¢30,000.
Matilda Asantewaa & Emilee Otoo
A team of two female students from the Kwame Nkrumah University of Science and Technology (KNUST) – Matilda Asantewaa Sampong and Emilee Otoo Quayson, emerged the winner of season II of the Presidential Pitch and took home a GH¢60,000 investment package. In addition, they were given GH¢40,000 personal donation by President Nana Addo Dankwa Akufo-Addo.
The fourth to the 10th competitors received GH¢25,000 worth of grant each while the second and the third received GH¢40,000 and GH¢35,000, respectively.
Vanessa Aisha Limann
19-year old Vanessa Aisha Limann, received GH¢50,000 Ghana cedis and an additional Gh¢25, 000 personal donation from the President.
The first runner up, Abdulsalam Mohammed, received GH¢45,000
The 2nd runner up, Ahmed Tijani received GH¢40,000 cedis.