POSA, UG, and 1up Media Outdoors Start-up And Funding Summit
The Political Science Students Association (POSA) of the University of Ghana in collaboration with 1up Media has launched an entrepreneurship summit that is scheduled to cover other tertiary schools in the country.
The program under the theme: Growing sustainable business ideas, and building resilient entrepreneurs had over 200 students and non-students in attendance.
Speaking at the Launching ceremony, Dr. Seidu Alidu, Head Of Department, (Political Science) of the University of Ghana, encouraged students to take advantage of the initiative and start a business before leaving campus as there are no ready jobs after completion. “Recent studies show that only 10% of graduating students find a job after the first year when they leave school.
So after all your hustle on campus from academics to research and all your efforts, when you don’t get a job, things become harder than when you were on campus,” he said.
On his part Mr. Wisdom Kwame Foli Former Research Statistics and Information YEA HQ and currently Assistant Head, Artisan Directory YEA HQ explained to participants the opportunity available to young people under the Youth Enterprise Agency emphasizing the need for young people to get more creative and innovative as there are opportunities in entrepreneurship than the job market in current economic challenges.
BACKGROUND OF EVENT
The Start-up and Funding Summit seeks to identify, nurture and equip students and the youths in general who are passionate about building their lives through entrepreneurship and creativity.
The main event shall be held on the 29th of October 2022 at the University of Ghana and in November at the Kwame Nkrumah University of Science and Technology (KNUST) to give opportunities to youths in the Ashanti region. Face one of the series ends there and face two kicks off in March 2023 and by the end of the year, it would have covered the whole country.
As part of her youth capacity development initiatives, 1up media, a digital marketing and advertising agency is poised to create opportunities where youths in entrepreneurship can access mentorship, funding, and expert advice from professionals, industry players, government agencies/departments, and stakeholders across industries.
Ernest Dawuni is the CEO of 1up media ” about 75% of start-up businesses fail within the first three years. This means that many things need to go right for a business to succeed. Therefore, our vision is not just to encourage students to start a business, but to start well”, he explained.
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He added that the opportunities in starting a business in this current digital economy are enormous as one does not need a large office and types of equipment to start off aside government’s support and plans to empower start-ups. “Ghana’s unemployment rate is about 4.6. and that is enough reason to utilize the opportunity you have in this university community, don’t wait until you leave this place”, he advised.
Organizers say they are in close collaboration with the ministry of business development, youth enterprise agency, NEIP, and many more and call on corporate bodies to endorse and partner with the brand to fulfill their vision of raising 1 million entrepreneurs by 2050 in Ghana and beyond.
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The information contained in this post is for general information purposes only. The information is provided by POSA, UG, and 1up Media Outdoors Start-up And Funding Summit and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.