Eleven teams have qualified to the next level of the 2017 AgriTech Challenge hosted by the Kosmos Innovation Center.
The teams qualified after impressing a jury with the presentation of their business plan pitches at an event held at the ISSER auditorium at the University of Ghana, Legon.
The first in the series of three business plan pitches was held last month on April 28, 2017.
A total of 16 teams pitched their proposed business plans, which seeks to address business challenges in a wide range of areas, including livestock, poultry, and fisheries management; on-farm production and post- harvest challenges; technical and market information for farmers and agricultural processes; finance and insurance; and the ability to track food sources and authenticate agricultural inputs.
Of the 16 teams that presented, eleven (11) were selected by the panel of expert judges to advance to the next stage of the competition.
The panel of judges – comprised representatives from financial institutions, agribusinesses, investment companies, and development agencies. They evaluated the teams based on the strength of their business concepts, as well as their management skills, team dynamic, and entrepreneurial spirit.
Mr. Joe Mensah, Kosmos Energy’s Vice President and Country Manager for Ghana, said: “The teams are improving daily thanks to the intensive business support and training they are receiving from the Kosmos Innovation Center and its vast network of mentors. The agriculture sector offers plenty of opportunities for young people to apply their knowledge and skills in innovative ways that can make a difference for Ghana.”
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(Via: CitiFM Online Ghana)
