Press: Meet our top Ten Businesses for Young Money Business Pitch!

Press: Meet our top Ten Businesses for Young Money Business Pitch!

The semi-finalists have been chosen!

SFAN (Stars From All Nations), with support from MEST Africa, 3rdfloor Digital, Workshed Africa, Venture Capital for Africa and Echo VC Partners, launched the Young Money Business Pitch to help enterprising students in any accredited Ghanaian University get access to business development, marketing, and funding support.

After many submissions, ideas were whittled down and 10 semi-finalists were selected. It was a tough decision, with most of the entrepreneurs putting in great pitch, but we could only choose 10 for this stage!

Here are our top ten businesses:

  • Ama Serwaa Sarkodie-Mensah (University of Ghana, Law(LLB), Third-year)

Business:
Health Online is the premier pharmacy application in Ghana that aims to connect the end-user directly to the pharmacist in order to digitalize the selling and buying of medicine and foster stronger bonds and interactions among customers and pharmacists.

Problem solved:

Most Pharmacies are not mobile. Thus the customer in need of medicine has to find a way of covering the distance between himself and the pharmacies. Health Online is an intermediary service provider to connect the customer(s) to pharmacies to reduce the costs, time-consuming and cumbersome nature of client moving to a pharmacy to purchase drugs. 

Progress:

Health Online has developed the idea to an extent to cater for any issues that may arise. They have developers on board who are seeing to the development and availability of the app on android play store for initial users to get access to it. They have been in contact with pharmacies and also have conducted surveys.

  • Justin Uto-Dieu (Lancaster University, Final year)

Business:

Zuduo solves the success challenges faced by creatives and artists in different areas and gives organizations and companies a tool to find talented individuals to contact for artistic projects.

Problem Solved:

The platform aims to bridge the supply and demand gap with regard to upcoming artists and international success and acknowledgment.  

Progress:

A working android demo has been developed with basic social media functionality like posts and private messaging.

  • Maxwell Sam (University of Mines and Technology)

Business:

Bus Gem is a bus ticketing and bus seat reservation app. Easy, Simple and Really cool to use. Passengers book for a bus ticket at any time, anywhere and at their own comfort zone. Pay into a designated mobile money number and get a QR code to be verified with a QR scanner before boarding.

Problem Solved:

Mainly passengers need to visit bus terminals to purchase a ticket for a particular date. They, therefore, have to travel to the bus terminals on the day of departure to board and that just a waste of time and money. What the app tend to solve is to allow passengers to be able to make advance ticket purchases at their comfort zone and board on the day of departure.

Progress:

The app is currently ready and being used by students of the University of Mines and Technology. Students are able to book and reserve a seat with STC intercity buses.

  • Rodney Assan (Lancaster University Ghana, Law Year 2)

Business:

Uni-Connect is a web application that seeks to computerize the college/university application process to make it simpler. The intended audience for this web application will be students who wish to apply to any of the universities [in Ghana]. Secondary audiences will include both university and high school administrators who wish to upload relevant information pertaining to their institutions. 

Problem:

The primary objective is to create a suitable interface to help prospective students to research and apply to the universities of their choice in a simpler and shorter way. By eliminating the need to travel the long distance to submit envelopes enclosing application forms and essays and eliminating the need to have to make trips to the bank to make payments, this application centralizes the entire university application process to make it a less cumbersome one.

Progress:

Documentation of the web application has begun, and market research is underway.

  • Wisdom Foli (Institute Of Chartered Accountants Ghana, part two student)

Business:

NUFFE accounting and consultancy is a business which is established to carry out both accounting and consultancy services in Shai Osudoku and its environs in Ghana.

Problem solved:

Under the Shai Osudoku district, businesses don’t keep proper records of accounts, they lack qualified accountants to perform the accounting job hence they don’t comply with Tax laws in the country.

Progress:

The business has commenced operations with a team of three. 

  • Dziwornu Kofi Norbert (University For Development Studies, Integrated Development Studies)

Business:

Kofiexpress is a one-stop-shop online real estate platform where people can list properties for sale, rent, lease, have access to a wide range of services such as financial, legal, property development, improvement, management etc, an inbuilt online shop for products such as construction tools, materials etc, virtual technologies to help people build their dream properties virtually.

Problem:

Kofiexpress solves the stress people go through to have access to products and services in the real estate and construction industry. They also aim at solving the inconveniences people face outsourcing their investments and investments in the hands of third-party exploits. A one-stop shop where people can easily have access to the best and right products and services from trusted services providers.

Progress:

Kofiexpress is currently at the idea development stage. Our website is 90% complete. Business has also been registered. They also have some partners on board and are still working on getting more partners and service providers.

  • Baffour Adu Boampong (Knutsford University College, Computer Science, 3rd Year)

Business:

AppGharage seeks to engage students & fresh graduates in internship opportunities working on real-world Software engineering projects.

Problem Solved:

AppGharage seeks to address the increasing need for software engineers to pioneer the growth of technology whilst reducing youth unemployment.

Progress:

AppGharage began operation on 1st May, training and working on projects with 3 other students.

  • Nyame Michael (KNUST, Petroleum Engineering, level 300)

Business:

Hypacart is a multi-vendor e-commerce platform, where shops and service providers on and off KNUST campus can come under one umbrella and be connected directly to their consumers (students). 

Problem:

The cost and stress of getting access to shops and services on campus and the high cost of items on campus as well as the stress of going to the market to buy foodstuff to cook during the weekend. Shops and event advertisers won’t have to go through the stress of selling tickets or posting fliers around campus.

Progress:

They have organized a survey on the needs and views of students concerning this project, which has proved very fruitful. The business website is still under construction and is about 50% complete. They are currently recruiting suppliers that will render their services or sell their products online. They have secured a partnership with Unilever Ghana (NAN Group), and in talks with Woodin, Topman Shoes, Watch and Dine, Avros and other business firms. They have also partnered with other shoes and electronics suppliers on and off KNUST campus.

  • Eric Vondee (University of Cape Coast, B.Sc. Actuarial Science, Level 400)

Business:

My Home Teacher is a business organization that connects teachers to parents who need private tuition for their wards at home.

Problem solved:

For a high-quality education in Africa and the world at large, there must be a one-to-one learning environment for students that are weak in their academics. My Home Teacher provides parents the opportunity to give their wards a one-on-one teacher-student experience in the comfort of their homes.

Progress:

My Home Teacher is in the sales stage. My Home Teacher is making an impact in the lives of 50 students socially. Students are being trained not only in their academics but also trained on how to be entrepreneurial.

  • Kwabena Baffour Awuah (Kumasi Technical University, Pharmacy Technician, Level 300)

Business:

High Schools Society is a startup company with a virtual community of students and a digital and student networking service based in Accra, Ghana. The aim of High Schools Society is to create a huge brand for quality educational networking and innovations through the establishment of a student community through which high school students can interact with each other on all areas of student life. 

Problem solved:

The goal of High Schools Society is to establish a virtual community of young boys and girls, mostly between the ages of 7 and 19 for community service, career orientation, personal development, and networking.

Progress:

Currently, High Schools Society runs advertising services, writing services and social media management and marketing services to institutions and persons through our digital platforms.


What happens next?

The above businesses will be listed on SFAN Facebook Page for a public voting starting tomorrow, Monday, June 25 and end on Saturday, June 30.

Top five voted business ideas shall proceed to the final stage to pitch before an expert panel of judges at SFAN Business Breakfast Meeting on July 28. Three Young Money Business Pitch winners will stand a chance of getting equity funding, an opportunity to join MEST Africa incubator, as well as up to $3k worth of business development and market opportunity support (Ts&Cs Apply).


To find more information on the selection criteria, click here.

Join thought leaders at the Student Entrepreneurship Week at British Council and Kempinski Hotel. You can get tickets at the event website.


Special thanks to our judges: Tobi Lafinhan from MEST, Sterre Nomazwe Mkatini from EWB, Andrew Bimpong from Workshed, Amma Aboagye from USAID.



Share
Share