Thursday, June 13, 2024
HomeBUSINESSNational Innovation Challenge of NEIP: HUSK TECHNOLOGIES Emerges As Ultimate Winner

National Innovation Challenge of NEIP: HUSK TECHNOLOGIES Emerges As Ultimate Winner

 

National Innovation Challenge of NEIP: HUSK TECHNOLOGIES Emerges As Ultimate Winner

The National Entrepreneurship and Innovation Programme (NEIP) in partnership in partnership with the Ministry of Finance has held the first edition of the National Innovation Challenge under the theme: Creating Sustainable Development through Collaborative Innovation and Commercialization.”

This competition was designed to spotlight and reward the top 10 innovations and business ideas poised to bolster the landscape of new, innovative ventures in the country, right from their inception.

By targeting ideas at their inception, the program aimed to fuel the creative fire within aspiring entrepreneurs, encouraging them to transform their visions into tangible, impactful businesses.

Speaking at the event, the Deputy Chief Executive of the National Entrepreneurship and Innovation Programme (NEIP), Abigail Swad Laryea, noted that the National Innovation Challenge aims to unearth and nurture innovative concepts from individuals with visionary ideas.

This initiative aims to provide the necessary support to guide these individuals in transforming their raw ideas into their fullest potential.

“The primary focus of this inaugural National Innovation Challenge revolves around tackling a critical concern that deeply impacts the foundational fabric of our nation’s future: the pervasive issue of unemployment. Our emerging workforce grapples with a substantial challenge, demanding our collective attention and concerted efforts for resolution.

A significant contributor to this challenge is the glaring mismatch between the skills acquired through formal education and the practical demands of the job market.

This disparity has created a distressing reality where numerous talented Ghanaians struggle to secure suitable employment opportunities that align with their qualifications and ambitions.

The resulting gap between job seekers and available positions is alarmingly vast, fostering an imbalance that obstructs individuals from reaching their full potential. Furthermore, this discrepancy poses a profound threat to our societal cohesion and economic stability.

Addressing this pressing issue requires innovative solutions that bridge this skills gap, fostering an environment where talents align harmoniously with employment needs.

The National Innovation Challenge stands as a platform to ignite transformative ideas that not only empower individuals but also contribute meaningfully to resolving this critical imbalance, steering our nation toward a future of sustainable growth and prosperity,” she highlighted.

According to her, the government of President Nana Akufo-Addo, through the National Entrepreneurship and Innovation Program is committed to providing some of the key enablers that make innovation a success for the Ghanaian public through programs such as the National Innovation Challenge.

She highlighted the commitment of President Nana Akufo-Addo’s government to support innovation within the Ghanaian public.

Through initiatives like the National Entrepreneurship and Innovation Program, the government aims to offer essential resources vital for fostering successful innovation.

Notably, programs such as the National Innovation Challenge serve as integral components of this commitment, designed to empower and facilitate innovation among Ghana’s populace.

The final pitching was held at the Accra Digital Center, 10 contestants showcased their array of innovative ideas, presenting them to the panel of judges during the final pitching session.

In the end, HUSK TECHNOLOGIES, an agritech company specializing in an automated mobile cocoa pod-breaking machine, emerged as the ultimate winner in the inaugural National Innovation Challenge.

READ ALSO: Pig farmers to benefit from Improved semen for Artificial Inseminatio

The Chief Executive Officer of HUSK TECHNOLOGIES, Nii Arday Ardayfio, expressed delight upon receiving GH¢100,000 as part of the victory. He indicated that the funds would significantly support the company’s efforts to manufacture additional innovative machines, thereby enhancing agricultural practices within the country.

Nullwood Fabrications came second and Smart Code Academy third receiving GH¢70,000 and GH¢50,000 respectively. Fourth to Tenth position took home GH¢10,000 each.

Source: Isaac Kofi Dzokpo

 

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments