The Volta, Eastern and Oti Region branches of the Association of Industries and a digital tech lab, Ho Node Hub, have signed a memorandum of understanding to unearth and nurture young entrepreneurs. 

The initiative is geared towards creating platforms for the youth to acquire entrepreneurial skills, access funding, and incubation support for feasible business ideas.

The MoU would be reviewed and renewed after 12 months based on the initiative's outcome within the first trench. 

The Managing Director of the Ho Node Hub, Courage Asase, detailed that there would be a business idea pitching festival during the 5th Volta Trade and Investment Fair as part of the MoU. 

He said the AGI would provide financial support to the winning pitchers and train them under an incubator support program. 

“We have formalised a working relationship that is geared towards the interest of young people in the Volta Region,” Mr Asase said.

The Volta, Eastern and Oti Chairman of the AGI, Dela Gadzanku, explained that the collaboration would create an enabling environment for developing young minds aiming to venture into the industries sector. 

He said the region offers varied opportunities which the youth could take advantage of.

Mr Gadzanku added that his outfit “would endeavour to address the challenges unidentified to enable the youth to exploit these opportunities.” 

Mr Gadzanku said the 5th Volta Trade and Investment has been scheduled for November 15 to 28 and will serve as a platform to guide and encourage the youth to harness their potentials in trade, ICT, and Tourism.

He believes young industry players leveraging on ICT would propel their business and expose them to outside work.

“We are looking forward to collaborating with the Ho Node Hub. The AGI is excited to be part of and secure a win-win solution. We hope that out of this MOU will come a lasting partnership and jobs for our people. In addition, we are happy to open the Ho Node Hub to the business community,” he said.

Mr Gadzanku entreated the media to continue to market the Volta Region unabated since it has been identified as an emerging hotspot for industrial investment.