The “Orasave team”, student innovative group, has won the 6th edition of the University of Mines and Technology (UMaT), Tarkwa innovation and career fair competition with 89.8 points.
The group members; Mr Frederick Kwame Minta, Mr Albert Essilfie, Miss Jessica Emefa Torgbenu-Banini and Mr Cornelius Addai Owusu made a presentation and demonstrated how an emergency detection system for fire and other emergencies worked.
The “UMaT Pro App” group followed with 89.2 points, the “Multi-purpose home automation” group came third with 86.2 points while Lux drive: Alcohol and driver detection system with revenue model group placed fourth with 84.4 points and the Sankofa smart bin group scored 76.2 points for the fifth position. All the five groups took home cash prizes.
This edition was on the theme, “Think smart; be innovative 2022”.
Professor Richard Kwasi Amankwah expressed gratitude to all their sponsors and described the performance of the various groups as unprecedented.
“I heard some student groups pulled out of the competition because they did not have the required seed money to put their ideas together. I am assuring you that next year, we will give seed money to every group that wants to present an idea so that we will not have students backing out just because they do not have money to implement their idea,” he announced.
The Vice Chancellor added that this year, they had thirteen student groups and out of that five were selected to go through to the final stage of the competition.
“To the groups the reason why the University develop its incubation hub is to incubate ideas of students so anyone who has an idea which is scalable and can be incubated do contact the institutional advancement officer who is also the head of the incubation hub so that your ideas can be developed over a period.
“We are going to give room to any group of people who have ideas to come back to school and do their national service here. These ideas would be incubated for one year. We are in touch with Small and Medium Enterprises (SME) and believe this year, we can create a company out of the ideas you will present,” Prof Amankwah said.
The Acting Managing Director of AngloGold Ashanti Iduapriem Mine, Mr Abraham Osei Badu, advised students pursuing Science, Technology, Engineering and Mathematics (STEM) related programmes at the tertiary level to be innovative and assist in finding lasting solutions to some challenges confronting the world.
Mr Badu underscored the critical role innovation played to improve upon business efficiency, reduce costs and increase output.
He, therefore, indicated that considering the importance of innovation, this year more than 90 per cent of the company’s scholarship were awarded to students pursuing STEM related programmes at the tertiary level out of which 50 per cent was reserved for females.
He reiterated the Mine’s commitment to ensuring inclusive and equitable quality education and lifelong learning opportunities for all in line with the Sustainable Development Goals (SDG 4).
Mr Mintah explained that, “we are still working on our design and it’s going to replace the ordinary fire device detectors in the markets. Our device is portable, and the customer will be able to test whether it is working or not”.
He appealed to investors to support them because they needed to purchase some components to make their device very effective and more smarter to meet the market standard.