Ghana’s first comparison website wins GBT Business Booster pitch competition

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After 5 weeks of intensive training, the participants of the GBT Business Booster pitched their business plan to an audience of over 50 people and a jury at the Netherlands Enterprise Agency in The Hague on the 31st of March. The winner, Nii-Nmai Dsane, founder of Ghanacompares.com took home the ultimate prize: a ticket to Ghana to attend the GBT Investors Conference in Accra in October.

The jury praised Ghanacompares.com, a comparison website for insurance, financial and broadband for the Ghanaian market. “GhanaCompare has the potential to be a real game changer and to bring transparency to the Ghanaian market” shared the jury.

Runner-up was Adriaan Brouwer, founder of Fanka Bar, a nutritious snack made of soy bean, ground nut and coconut. And a close third came Benedicta Nkansah, founder of Maxim Nyansa, an organization that trains IT graduates to start their career.

The jury was impressed by the diverse range of business ideas and how well the entrepreneurs pitched. They would have loved to have more time to discuss their business models and strategies. Jurors were Rosalind Boschloo (Project Consultant at the Netherlands Enterprise Agency), Kwasi Boahene (Director of Advocacy at PharmAccess), Kofi Baffo (Board member of Young Ghanaian Professionals), Jaap Jan Verboom (Dir. of Agribusiness Booster), Hans Modder (PHD Partner Tiiari BV) and Jan Maas (Proj. Manager at the Netherlands-African Business Council).

GBT Business Booster
GBT is implemented by iMPACT Booster in the Netherlands and MBC Africa in Ghana. Over a period of 2 years GBT will annually select and coach 35 young entrepreneurs with setting up or growing their business. In the Netherlands, 15 candidates took part in the 5-week GBT Business Booster. After the Growing Business Together kickoff in December 2016, 40 potential entrepreneurs filed in their business idea of which 15 ideas are selected. In this 5 week program the entrepreneurs learned what it takes to set up their business in Ghana, get in contact with potential investors and develop their business idea to a business case.

Job Runhaar, (Policy Coordinator Sustainable Economic Development Department at Ministry of Foreign Affairs), shared his excitement for the diverse business ideas in his opening address to the pitch event.

“We saw impressive inventions by Godwin Arhin and Edna Ofori, who produce home furniture made of recycled products. We were also empowered by Soueba Gambo (a.k.a. the Woman of Steel), who pitched her conditioning strength and exercise program for health management in Ghana.

The entrepreneurs share high ambitions. “I intend to become the John de Mol of Ghana”, shared Berima Amo founder of Ofie Media house about introducing sound equipment and services to Ghana.  Also, Indelibl (founded by Edwin Otta), an online community gave us a beautiful impression of African art he intends to distribute outside the African continent. During the break we enjoyed Divine Fufu by Moses Dsane, who also pitched his idea to introduce fufu prepared in a new way.

The next GBT Business Booster in the Netherlands will be organized in 2018. Information about how to apply for the next program will be announced later this year.

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