Audio By Carbonatix
Impressed President Akufo-Addo has promised to give a 19-year old Senior High School graduate ¢25,000 after she pitched her agro-business idea.
Vanessa Limann received loud applause after she presented a plan to process grains into cereals to compete with dominant foreign brands on the market.
She was one of 10 entrepreneurs selected by the Business Development ministry to showcase their ideas to the President for funding as part of government's vision to encourage start-ups.
Dubbed the President Pitch, the 10 young entrepreneurs who were shortlisted could receive capital ranging from ¢10,000 and ¢50,000 to start the business under the ministry's supervision.
All 10 showed up at the Mövenpick Ambassador Hotel in Accra where a panel of judges listened to them make a case for funding.
While congratulating the participants for their initiative, President Akufo-Addo singled out Vanessa Limman for special praise.
The teenager who hails from the West Sissala district in the Upper West region said her sole-proprietorship company 'Valilim Enterprise' wants to outdoor 'Neslag' breakfast for children, young adults and the aged.
She said her company needed ¢43,700 to buy machines which will be used for roasting the grains, grinding and packaging her two products, Neslag Instant Cereal and Nestlag Wheat Crunch.
She eventually qualified for ¢50,000. But much to the surprise of the audience, the president announced his personal package for Vanessa Limman, leaving the audience screening at the gesture.
The President said his ¢25,000 is almost all of his take-home salary of ¢29,000.
Latest Stories
-
Nearly 400 sentenced in Nigeria for links to militant Islamists
13 minutes -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
20 minutes -
Kwaku Azar writes: A-G vs OSP
53 minutes -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
1 hour -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
2 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
2 hours -
Barcelona dominate derby to extend La Liga lead
2 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
3 hours -
Importers and Exporters Association declares full support for Publican AI port system
3 hours -
“We used it to test our officiating officials’ readiness” – Bawah Fuseini after CAA Athletics event
3 hours -
Volleyball emerges as Ghana’s fastest rising sport
3 hours -
National Sports Fund needs strong leadership from the top – Administrator David Wuaku
4 hours -
JoySports Exclusive: Steve McLaren in talks with GFA after expressing interest in Black Stars job
4 hours -
Fire guts auto parts warehouse at Bubuashie, one fire officer injured
4 hours -
I owe my victory to coach Ofori Asare – Allotey after winning WBA Africa Gold Super Flyweight belt
4 hours