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Five businesses receive seed capital to develop ideas

August 4, 2021
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Five businesses receive seed capital to develop ideas
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A total of $22,000 has been disbursed to five businesses as seed capital to support their business ideas under the Design and Technology Institute (DTI) incubation hub project.

The five businesses participated in a Community Innovation Competition.

Adjustable Barbecue (AB Group) received $7,000, as the overall winner, with Mighty Men – Spraying Maching receiving $5,000, as the first runner-up.

The second runner-up went to Haidelis Engineering and they received $4,000.

The Most Promising Idea went to Cadela Company – a Mechanized Seed Planter. They received $3,000.

Best Female Enterprise went to Volkano Tech – Green Incinerator and they received $3,000.

A statement issued in Accra said the initiative was by The Design and Technology Institute (DTI) and the Mastercard Foundation.

It said the competition was a business pitch and accelerated programme designed to identify…

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