Enablis Ghana, in collaboration with UT Bank, presents the first 60 Finalists of the UT Bank Enablis Business LaunchPad Competition launched last year to seek entrepreneurs with the best potential and with the most innovative ideas in Ghana.
The goal of the Business LaunchPad is to promote entrepreneurship in Ghana by creating opportunities for Ghanaian entrepreneurs to develop and implement quality business plans. The LaunchPad further aims to help budding entrepreneurs who find it difficult to secure conventional commercial funding, to be considered for access to start-up or expansion financing. The Competition is organized by Enablis Ghana in collaboration with UT Bank with help from partners Tropical Cable and Conductors Ltd, DDP, Ghana Broadcasting Corporation, JoyFM, Business and Financial Times.
The Business LaunchPad included training workshops in how to write a business plan that were held in Accra. Participants were put through a rigorous judging process that evaluated and scored the plans on the basis of their business viability and suitability. The processes involved in the competition offer significant support to participants to refine and focus their business ideas.
Over 120 business plans were submitted for consideration across ten sectors from participants who range from 21 to 65 years. The 60 finalists are invited to an intensive one week training session from the 31st January to 4th February, 2011 after which they will receive additional coaching to refine their business plans and submit for the second round of judging.
The Top 60 business plans will be evaluated and the top 20 finalists will be shortlisted for the final round of judging after which the ten eventual winners will be selected. Below are the 60 shortlisted applicants.