60 Years Ghana and Germany – Partners for the Future: Support for Startups in Ghana
Enlarge image Ambassador Retzlaff and the selected startup entrepreneurs (© German Embassy Accra) For the first time in Ghana, the non-profit organization Enpact e.V. is offering a mentoring program for young business founders. The startup mentoring programmes have until now been active mainly in the Middle East and Northern Africa.
The idea is simple: selected startup entrepreneurs from Ghana and other West African countries as well as from Europe meet in Startup-Camps and are coached by renowned European company founders. The programme focusses particularly on network building, mutual learning, on-site visits of the mentors and pitch-trainings for meetings with potential investors.
The German Ambassador Christoph Retzlaff attended the official launch of the program on 8th July 2017 in Accra and met the newly-selected participants. In June 2017, 20 participants out of nearly 250 applicants were selected in Ghana to travel to Berlin in August for several days for the first start-up camp. On returning to Ghana, the coaching will continue as they will virtually remain in touch with their mentors who will be visiting them from time to time. Next year they will all meet again for another start-up campin Ghana. The participants look forward for tips and hope for exchange of experience on international best-practices. The creation of networks and the workshops that will be organized to find solutions for common challenges, such as recruitment of employees, financing or product developments, can contribute significantly to the further development of their company.
The importance of entrepreneurs and successful startups will only increase in Ghana. Currently, majority of the almost 60,000 students who graduate annually from the various universities in the country, are not able to find a permanent employment within the first years of their completion. Therefore, a sustained economic growth and the creation of jobs by new and innovative companies are indispensable. Hence in this anniversary year dubbed “60 Years Ghana and Germany – Partners for the Future” the German Embassy is placing a special emphasis on the strengthening of the private sector. The mentoring program funded by the German Foreign Office can make a significant contribution in this regard.