Access Bank Ghana continues to reveal management in selling ladies initiatives below its flagship programme for girls, the ‘W’ Initiative.
The financial institution is extending finance and world-class enterprise coaching in addition to mentorship to ladies owned companies within the agriculture worth chain, as a part of the 2023 Womenpreneur Pitch-a-ton competitors.
Originally held for all subsidiaries by Access Bank Group, the previous two seasons, 4 and 5 have been championed in Ghana to allow extra participation from throughout the nation.
The prime 50 ladies entrepreneurs have been chosen to take part in a enterprise administration bootcamp (BMB) to equip them with expertise they should handle and scale-up their companies. to take part in a Business Management Bootcamp (BMB) to equip them with expertise they should handle and scale-up their companies.
Speaking on the most recent version of the Womenpreneur Pitch-a-ton competitors, Executive Director for Retail and Digital Banking at Access Bank Ghana, Pearl Nkrumah mentioned season 5 presents alternative to ladies in agribusinesses to construct their capability in enterprise administration and obtain monetary help for his or her companies.
“The training will be organized by the GIZ AgriBiz programme and will cover important topics including strategic planning, digital marketing, market alternatives and growth strategies, business planning, financial management, costing & pricing. These are meant to build their capacity to navigate the business terrain to be profitable.” She additionally make clear the prizes for season 5.
“The prime three finalists will every obtain seed capital of GH¢100,000. Other individuals will obtain comfort prizes together with free web site improvement, digital commercial, and money prize of GH¢30,000. All prime 50 may also obtain put up enterprise teaching help from January to March 2024. The Managing Director’s particular award of GH¢20,000 will go to essentially the most eco-friendly enterprise within the competitors.
Pearl thanked companions GIZ and AFC – Agriculture and Finance Consultants GmbH, for believing in Access Bank and partnering with the Bank on the Womenpreneur Pitch-a-ton competitors for a second time.
Speaking on the orientation ceremony, Zonal Head of Retail Banking, Josephine Eva Arthur, reiterated the Bank’s help for girls. She mentioned, “the Mastercard Index report on women entrepreneurs in Africa reveals that Ghana is at the top. However, many businesswomen have issues with sustaining their businesses as many fold up within three to four years of operation. She noted that Access Bank has been proactive in supporting women to change this narrative. “We saw the need to come in to support women CEOs like yourself to build your technical competences and help you to set your business structures to ensure business continuity and growth. Once we empower women we get to do better as an economy”
On his half, Project Lead for the GIZ AgriBiz Programme, Christoph Pannhausen mentioned the aim of the Womenpreneur Pitch-a-ton competitors aligns with that of GIZ, as they search to help small, micro, and medium companies, particularly within the Agribusiness sector. He defined that the BMB was going to equip the ladies with sensible helpful enterprise ideas that might assist them enhance their companies and inspired the 50 finalists to take advantage of from the coaching.
Participants shared their expectations for the bootcamp. “I look forward to being equipped to be able to access information to help me to improve my business operations” – Nuong Faalong (CEO of Beauty 101). “To learn how to manage my business better to scale-up and sustain my business. After day one, I must say this is the most practical and interactive class I have ever attended, and I know by the end of the training I would become a better entrepreneur” – Ellen Ayensuaa Gyapong (CEO of El’s Food Services).
Access Bank has through the years developed a deep understanding of its clients, delivering glorious companies and empowering them to attain extra via monetary inclusion.
The ‘W’ initiative is a one-stop-shop for all Access Bank’s ladies empowerment choices. It seeks to encourage, join, and empower ladies via initiatives such because the Womenpreneur Pitch-a-ton competitors, which has educated and given grants to over 300 ladies since its inception in 2019.