To launch presidential pitch season 5, Ms Abigail Swad Laryea, Deputy CEO of NEIP explained that this year’s competition features five core sectors: agriculture, FinTech and technology, manufacturing and processing, tourism and creative arts, and TVET, plus an additional ‘other business category’ to accommodate pioneering ideas.
After a rigorous evaluation process, the top 30 finalists will be narrowed down to the top 10, who will then present their ideas to the President at the Movenpick hotel. The judges’ decisions will determine funding awards from the enhanced prize package of 3 million Ghana cedis, with the winner receiving 250,000 Ghana cedis and the overall winner taking home the grand prize of 300,000 Ghana cedis.
According to her, eligibility criteria remain the same, requiring applicants to be Ghanaian citizens with innovative, creative, and feasible business ideas that demonstrate scalability and impact.
The competition aims to empower young entrepreneurs to turn their ideas into successful businesses, creating jobs and addressing societal problems. The website for applications has been launched, and interested entrepreneurs are encouraged to apply.