Eco-Plas Ghana, a waste-to-fuel start-up has emerged winner of the maiden Kwame Nkrumah University of Science and Technology Student Representative Council Think it, Fund it pitch.
They received a cash prize of ¢30,000 to support their initiative.
In February this year, the Students Representative Council of the Kwame Nkrumah University of Science and Technology launched an Entrepreneurship Endowment Fund to help entrepreneurial students realise their dreams.
It is also to inculcate the spirit of entrepreneurship in the students and encourage them to venture into the world of business and not rely solely on the government for employment.
The initiative is supported by a GH¢5 contribution from each KNUST student.
Twenty-four finalists were selected from over 300 applicants.
Mchan Organics which placed second processes cocoa pods into organic products. It received a cash prize of 20,000 cedis.
Profeeds Ghana which is into the processing of waste into animal feeds emerged as 2nd runner-up with a cash prize of 15,000 cedis.
However, the 4th to 10th positions received ¢10,000 each and the 11th to 24th positions getting ¢5,000.
Outgoing SRC president, Frank Owusu encouraged the finalists to relentlessly pursue their visions in order to contribute to the fund.
“In the future when you end up breaking the glass ceiling of business, understand that it is the contributions of students that have taken you to where you are, so remember to give back,” he said.
Head of the KNUST Centre for Business Development, Dr. Samuel Yaw Akomea assured the finalists of his outfit’s continuous support to fine-tune their initiatives.
Latest Stories
-
CSIR Executive Director urges farmers to adopt technology for improved farming
5 mins -
Football Impact Africa’s Ghetto Love Initiative inspires change in Teshie
16 mins -
Peter Toobu calls for tighter border security over uncovered weapons at Tema Port
19 mins -
Gov’t has failed its commitment to IPPs – Ablakwa
23 mins -
Sell Chrome to end search monopoly, Google told
35 mins -
KATH to install seven new dialysis machines by end of November
38 mins -
Walewale: Police confiscate 37 bags of cocoa beans suspected of being smuggled out of Ghana
49 mins -
‘Expired’ Rice Scandal: FDA confirms rice was safe for consumption after rigorous lab tests
55 mins -
Many women have experienced intimate partner violence – Angela Dwamena Aboagye
1 hour -
Power challenges persist due to government’s mismanagement of revenues – Okudzeto Ablakwa
2 hours -
Jordan Ayew injury not as bad as feared – Leicester City boss
2 hours -
Stonebwoy heads to North America for UP & RUNNIN6 tour
2 hours -
FDA explains extension of best-before date for ‘expired’ rice
2 hours -
Rebecca Akufo-Addo, Mahama storm Akuapem North as NPP NDC slugs it out
2 hours -
Fatawu’s injury a big blow for us – Leicester City manager
2 hours