Winners of the 5th edition of the Presidential Pitch have praised President Nana Addo Dankwa Akufo-Addo for spearheading the initiative, which aims to empower young entrepreneurs across Ghana.
The Presidential Pitch, which provides a platform for young innovators to present their groundbreaking ideas, has been hailed as a crucial part of the government’s efforts to foster entrepreneurship.
Namgwinaa Samuel emerged as the overall winner of Season 5 with his revolutionary Smart Switch System, an innovation that controls energy consumption automatically and allows remote task execution.
The system also doubles as a security-controlled communication device. For his outstanding achievement, Samuel was awarded the prestigious Dr. John Kumah Prize for Entrepreneurship and Innovation by President Akufo-Addo.
Samuel’s victory came after a challenging journey. He stood out among over 300 applicants, eventually making it to the top 10 finalists, all of whom were vying for the grand prize of GHC250,000. The Presidential Pitch provided Samuel and other finalists a unique opportunity to showcase their transformative ideas.
The beneficiaries, including Samuel, expressed their appreciation for the initiative, commending the President’s dedication to nurturing young entrepreneurs and driving innovation in the country.
During a brief ceremony at the National Entrepreneurship and Innovation Programme (NEIP) office, where certificates and cash prizes were awarded, NEIP Chief Executive Officer Mr. Kofi Ofosu Nkansah emphasized the programme’s impact.
“The Presidential Pitch has become a catalyst for youth entrepreneurship in Ghana, with a focus on empowering young entrepreneurs to turn their ideas into reality,” he said.
Mr. Ofosu Nkansah also highlighted NEIP’s broader achievements: “Since its inception in 2017, NEIP has supported over 250,000 beneficiaries with business development assistance, provided starter packs to 35,000 businesses, and facilitated funding for 15,000 entrepreneurs, leading to the creation of over 100,000 jobs.”
In total, 35 winners were awarded cash prizes ranging from GHC30,000 to GHC250,000, along with certificates of participation. The winners will also benefit from ongoing business advisory services and mentoring through NEIP’s partner business incubation and acceleration hubs in their respective fields.
The Presidential Pitch, now in its fifth season, continues to be a shining example of the government’s commitment to promoting entrepreneurship and creating opportunities for Ghana’s young innovators.