2015/16 Young entrepreneurs program to give out US$100k

Village Capital, in partnership with Creativity Group is set to hold its second hardware accelerator program in Ghana with US$100,000 up for grabs.

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CREATIVE

The accelerator program seeks to provide cutting-edge training for 10 early stage hardware inventors in areas of agriculture and energy to help improve access to energy, and increase agricultural productivity for small-holder farmers.

CREATIVEThe program puts together entrepreneurs, investors, policymakers, and stakeholders side-by-side to discuss and find solutions to challenges faced by under-served communities in Africa.

Village Capital is a Non-Governmental Organization that sources, trains and invests in seed-stage entrepreneurs with business solutions to major global problems.

The Africa 2015-16 accelerator program with supports from a group of young Ghanaian entrepreneurs [Creativity Group] would be held in Accra from 6th January to 9th January 2016.

Participating entrepreneurs will receive feedbacks from peers, potential customers and experts during the program. There lies an opportunity for two participating ventures to be peer-selected for the chance to receive $50,000 each for investment.

Program graduates are expected to increase their revenue growth by 4.5 times, and distribute goods and/or services to 200,000 customers within the two years following completion of the accelerator.

Previous program winners include the likes of Farmerline, a Ghanaian company that tackles the agricultural information gap that smallholder farmers have through the use of mobile phones.

Source: KING NOBERT AKPABLIE

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