20 Jul Press: Meet the 5 Finalists for Young Money Business Pitch!
Accra, Ghana (July 20, 2018) – As part of the inaugural Student Entrepreneurship Week Ghana taking place from July 26-28, 2018 at British Council & Kempinski Hotel, Stars From All Nations partnered with Echo VC Partners, Venture Capital for Africa, 3rdfloor Digital, Workshed Africa and MEST Africa to launch Young Money Business Pitch competition.
The purpose of the pitch competition is to give student entrepreneurs with technology-based businesses or business ideas access to startup funding, business development, and marketing opportunity support.
After critically reviewing the 51 applications, our judges whittled down the shortlist to 10 business ideas. These businesses were then shared on SFAN’s Facebook page for a very transparent public voting. In no particular order, below are the top five student entrepreneurs that made the final list:
Health Online is a 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.
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.
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.
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.
AppGharage seeks to engage students & fresh graduates in internship opportunities working on real-world Software engineering projects.
AppGharage seeks to address the increasing need for software engineers to pioneer the growth of technology whilst reducing youth unemployment.
Uni-Connect is a web application that computerizes 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.
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.
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).
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.
What happens next?
These entrepreneurs will battle it out 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 training program, 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 and investors at the Student Entrepreneurship Week at British Council and Kempinski Hotel. You can get tickets at the event website.
Tom-Chris Emewulu is the Founder & President of SFAN (Stars From All Nations). When he’s not building SFAN and helping entrepreneurs and rising professionals create fulfilling careers, he’s telling African innovation stories or advocating for people-centered policy. Tom-Chris is a former consultant at Mastercard Foundation, Seedstars Ambassador for Ghana, and the author of the forthcoming book: Breaking the Limits. He is a thought leader on youth development, social entrepreneurship, technological innovation, and the future of work.