2 startups begin Incubation program
July 21, 2021Togolese Ambassador pays maiden visit to Ho Node Hub
August 17, 2021
Innovative products and a great business model for any early-stage startup is as important as steady flow of funds and its attendant marketing strategy for its targeted consumers.
A myriad of challenges however continues to bedevil especially startup founders in the ecosystem especially with the steady increase of startups in Ghana.
Today, several startups continue to spring up, but are Ghanaian investors willing to financially fuel these startups?
Our startups in a discussion bemoaned the seeming lack of interest shown in their ideas by the Ghanaian Investor when it came to funding and as such it was difficult to do business in Ghana without an Angel Investor.
The issues were tackled in a stakeholder conversation at our Elevator Pitch Summit which brought together Startup Founders and members of our Local Investor network.
The Event organised by Ho Node Hub in collaboration with Ghana Tech Lab as part of the National Acceleration Program, for Startup Founders in our ecosystem provided opportunity for founders to create interest in their startup ideas in a 3-minute pitching session
About six (6) startup founders had the opportunity to make convincing cases for their startup ideas and solicit local support for their startup’s growth and success.
Judges at the pitching event including Mr. Patrick Avumegah, advised the startups to fish out a ready market target as a sure way to push startups to a fast start.
Mr. Larry Macus on his part called on the founders to work on their brand’s emotional appeal and conduct thorough market research to help them leverage in competitive advantage.