The startup ecosystem in Ghana has been growing steadily in recent years, with a number of initiatives aimed at supporting and promoting the development of new businesses. One of such initiatives is the Ghana Startup-Investor Connect; spearheaded by the Ghana Startup Network, which seeks to connect entrepreneurs with resources, mentorship, and funding opportunities.
On Thursday, March 30, 2023, the maiden edition of the Ghana Startup-Investor Connect was held at the Accra Digital Centre, providing startups with an opportunity to pitch their businesses to potential investors.
Fifteen startups of diverse industries, including technology, agriculture, healthcare, among others were selected to present their pitches at the event, with an opportunity to secure investments ranging from $20,000 to $500,000.
These selected startups include; Feenix Technologies, Eros Group, Visible, Mzros Ventures, TP Horticulture, Medpoint Pharmacy, Wonfliki Company Limited, JarToGo, Sterike Bites and Taste, RUK Finance, Gem Water, Sika FX, Everything Rice and Diaspora Institute.
The pitch session provided a platform for these startups to showcase their innovations and connect with potential investors who could accelerate their businesses to the next level. Investors of Wangara Green Ventures, Good Soil VC, Accra Angels Network, Cross Switch and Inno Hub participated in the program as judges who assessed the businesses’ innovation and viability.
Ghana Startup Network have been working to create a supportive ecosystem for startups in Ghana, and projects like the Investors Connect is an important part of this effort. In addition to the pitch session, the event also featured a brief discussion with investors on the challenges and opportunities for funding for startups in Ghana. The industry experts shared their insights and advice with the audience.
Overall, the Pitching session of the Ghana Startups-Investors Connect was a great success, providing startups with an opportunity to showcase their ideas and businesses, while connecting with their potential investors, who are expected to announce their preferred or selected startups for funding later this month.
The organisers are expected to announce applications for the second edition in May