| |
 |
Business News of Wednesday,
07 July 2004 |
 |
GNVC Chairs Launch Of Youth Employment
SummitAccra, Ghana – Monday,
5 July, 2004 – Ghana New Ventures Competition (GNVC) recently
chaired and supported the launch event for the 2004 Youth Employment
Summit from 10 AM until 12:30 PM on Wednesday, 30 June, 2004 at the
British Council Hall in Accra.
The launch event was held in
Accra on behalf of the Federal Government of Mexico, the US-based
YES Campaign, and the YES Ghana Country Network to announce the 2004
Youth Employment Summit (YES), to be held in Veracruz, Mexico, from
October 4-7, 2004.
YES approached GNVC to act as chairman for
the event due to GNVC’s active role in promoting entrepreneurship as
a means to improve youth employment and
employability.
Speaking on behalf of GNVC, Andrew Kwesi Kafe
(Director of Global Recruitment) shared, “For many years, GNVC has
understood and appreciated its role in the private sector as a
promoter of and champion for youth employment opportunities. … GNVC
deliberately provides a variety of resources and tools to young
entrepreneurs in service of their future employment and workforce
experiences. Linking eager and talented youth with business mentors,
skills training workshops, networking opportunities, and a free
online Distance Learning Centre, GNVC recognises the powerful
connection between entrepreneurship and employability. In fact, GNVC
would assert that a background in entrepreneurship increases one’s
employability.”
GNVC is an international not-for-profit
organisation incorporated in Ghana and the US. The organisation was
founded by a group of Ghanaian students in the USA who were involved
with the leadership of the Massachusetts Institute of Technology’s
(MIT) $50,000 Entrepreneurship Competition in Boston, MA. Since its
inception, GNVC has aimed to lay the networking and educational
infrastructure necessary for entrepreneurs to pursue their goals,
learning the skills to start businesses that will benefit Ghana’s
people and economy.
GNVC meets these objectives by organising
annual business plan competitions centered on training aspiring
entrepreneurs to produce effective business plans, empowering them
through mentors and role models in the Ghanaian business community,
and enabling them to establish their own companies. GNVC also
provides the most promising teams of entrepreneurs with start-up
grants totaling thousands of dollars.
This year, GNVC awarded
$10,000 in total start-up grant commitments to three winning
companies: Supply Solutions, Greenfield Agro Ventures, and Rejuve
Spa & Resort. In the previous two years of operations, GNVC
catalysed the formation of three other new ventures in Ghana –
Strategic Accounting Solutions (SAS), Afroduct, and Peco Training
Centre – each of which received $1,000 in start-up grants.
Therefore, the total number of new ventures funded by GNVC via three
business plan competitions has become six.
|
