The ministry of Business Development on Tuesday launched another initiative dubbed the Campus Business Pitch, hoping to boost entrepreneurial mindset of students across the various Universities.
It is an inter-tertiary competition which will see students pitching against one another to market their business ideas for Governmental support.
It comes as an extension of the presidential pitch, which is is in line with the President Nana Addo Dankwa Akufo-Addo’s, vision of assisting young entrepreneurs to incubate their business ideas and improve livelihoods.
Under the initiative students will be pitching their business ideas before a panel of judges with the best ideas getting supported through capacity building and funding.
Speaking at the launch held at the University of Ghana business school, the Minister Dr Mohammed Awal said an amount of GH¢3 million has been invested in the program.
“We are looking at changing the mindset of our students to be job creaters a instead of job seekers after leaving the university," he said.
'This Campus Business Pitch is the first of its kind and will grant these students a great platform to be entrepreneurial and self-independent.
"We are going to put GH¢3 million if the business idea is compelling, inovative and bankable."
He called in all campuses churn out at least two graduates with business ideas that can help build the country's economy.
He said Ghana has a young population for which creating the opportunity such as the Campus Business Pitch comes as a good move to unleash the entrepreneurial revolution in the youth.
"Training students to have a business mindset while in school is a good move to stimulate the entrepreneurial mindset of young Ghanaians," he told ghanaguardian.com.
Over the next 4 or 5 years we intend to build a cadre of 20 to 30 young entrepreneurs whose products are good."
He added that the overall goal of the policy is to support economic growth through the development of entrepreneurship and innovation programmes that create more jobs, generate more income, and help to reduce poverty.
Tuesday's event saw the presence of the some ministers of state and authorities from the University of Ghana.
The Amegashi Hall of the University was packed to capacity as students of the various Universities attended the lauch of the program which seeks to make students richer even before they could graduate.