Female-Led Startups Win big at Ghana Tech Lab’s National Startups Investment Pitch Summit

Female-led startups have won big at the just-ended National Startups Investment Pitch Summit (NSIPS) organized by Ghana Tech Lab.

The event which was held at the Accra Digital Center, saw five female innovators of 3 groups as winners after the pitch rating was declared.

The National Startup Investment Pitch Summit (NSIPS) is an event that accords incubatees in the Ghana Tech Lab incubator program the opportunity to pitch their final startup ideas to potential investors, stakeholders, and the general public.

The event saw 11 teams pitch and exhibit their Mobile app ideas. Among the distinguished guests that attended the event was the Deputy Minister of Communications, Hon. Vincent Sowah Odotei.

The Minister reiterated that, a few months ago, Ghana Tech Lab was just a mere structure but for the intervention of government through the eTransform Project of the Ministry of Communications and funding from the World Bank, Ghana Tech Lab is now a full-fledged mlab.

Hon. Vincent Sowah Odotei delivering the keynote speech

He went on to state that, the government is committed to bringing digital transformation into the country and helping more youths to develop businesses around tech. He encouraged investors to support the various startup ideas that were pitched by the young entrepreneurs.

App Ideas And Pitches

Belinda Soglo and Isaac Batsa won the best startup idea at the end of the pitch ratings scored by distinguished guests. Their app, the BEBA app, is a healthcare platform that makes registered pharmacies easily accessible to patients and caretakers.

Belinda Soglo and Isaac Batsa pitching the BEBA startup idea

The Diabetica app startup pitch by Delight Osei and Yayra Yawo Nutsakpui won the first runner up place at the end of the pitch rating. The Diabetica app as its name suggests is an app designed to assist diabetic patients.

Delight Osei and Yayra Yawo Nutsakpui pitching the Diabetica app idea

The second runner-ups, Elorm Axorlu and Ebi-yaa Kwaw pitched the Xpendly app ideas. Xpendly is a financial tracker that helps individuals to better manage their finances.

Elorm Axorlu and Ebi-yaa Kwaw, innovators of the xpendly app ideas

Other startup ideas that were pitched on the day ranged from healthcare, agritech, crime reporting, transportation, and fin-tech apps.

The NSIPS Event

The event began with a tour into the open collaborative tech space of Ghana Tech lab led by the Managing Associate, Edward Akani.

Edward Akani and guests touring the mlab

Mr. Nelson Madiba Amo, the Executive Director of Ghana Tech Lab then gave the opening remarks.

Nelson Madiba Amo – Executive Director of Ghana Tech Lab

The Deputy Minister of Communications, Hon. Vincent Sowah Odotei delivered the keynote speech.

There was a panel that had discussions on Startup Investment, Entrepreneurial Innovation in Ghana, Employability (Job Market) – connecting to the global market, and Access to startup capital.

From left: Cecil Nutakor (Ceo of eCampus), Mr. Edwards Aikins (Head of Enterprise Products & Marketing at Vodafone), Hamdiya Ismaila (General Manager of Venture Capital Trust Fund), and Prince Bonney (Ceo of Icodegh)

Then after, the pitching of the various startups begun. There were pitches from 11 teams of innovators.

The various teams in the GTL incubator program

The technical innovation, creativity, execution of idea and the pitch among others were scored by a panel of distinguished judges.

From left: Olufemi Adewumi – Director of the Training Programme for MEST, Joshua Opoku Agyemang – President at IOT Network Hub, Dave Emnett –Co-founder & COO at OZE

There was also an investment panel who probed the pitches by the young entrepreneurs at the event.

From left: Cecil Nutakor (Ceo of eCampus), Hamdiya Ismaila (General Manager of Venture Capital Trust Fund), Mr. Edwards Aikins (Head of Enterprise Products & Marketing at Vodafone), Emefa Fiadzoe – Business Linkage Executive at Invest in Africa Ghana

It has been a whole 3-month journey for these young innovators as they find their feet in the tech startup ecosystem. They have gone from a one-month training through mobile app development to a 1-week intensive boot camp then a hackathon.

They were then taken through 2 months of intensive incubation where they were exposed to the right business development and technical training and support to help build their ideas into a full-fledged product and services of economic value.

GTL team and the young entrepreneurs

Training Partners: Yison Tech Hub, Dansyn, Hopin Academy, Grassroot Hub, iCode, Code Coast, Ho Node Hub, iSpace, Developer in Vogue, and Kumasi Hive.