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Hon. Abdul-Rashid Pelpuo - Minister of State Public Private Partnership

Technoserve holds networking session for entrepreneurs

The Chief Executive Officer of All-Time Capital Limited, Mr Peter Amadu Iliasu, has called on entrepreneurs to adopt modern good governance procedures in their business in order to attract investors.

He said investors would invest in a start-up business only when the entrepreneur had a very clear vision that  defined the various growth stages of the company.

Mr Peter Iliasu was speaking at a networking event organised by Technoserve Ghana for a group of local entrepreneurs in Accra.

He said start-ups businesses must be innovative to establish new lines of businesses in order to create their own market rather than following what everyone else is doing.

“Start-up companies must be strategic enough to know that there are opportunities for their market to grow before they seek for people to invest in their businesses because no one would like to invest and lose his or her capital,” he added.

According to him, start-up businesses can access investment from local or international investors, only when they have transparent documentation of their companies.

“And so, therefore, if the investor sees how structured your company is, he or she would not hesitate to invest in your business,” he said.

Networking

The General Manager, Marketing Division of Scancom Limited (MTN), Mr Richard Acheampong, advised the entrepreneurs on how social networking would help their businesses to grow.

“Networking is a great way for entrepreneurs to tap into advice and expertise that the entrepreneur would never get hold of,” he said. 

”A lot of the people you will interact with have encountered the problem your business is going through so you can learn from them. Just make sure you are getting solid advice from the right person someone that actually knows about what you need to know,” he advised.

Support

The Country Director of Technoserve, Mr Samuel Baba Adongo, said his outfit works with enterprising people in the developing world to build competitive farms, businesses and industries through a project called Enhancing Growth in New Enterprises (ENGINE) to which 100 entrepreneurs are presently under training. “We help grow strong markets that create income and jobs in poor communities,” he said.

“In order to achieve our core mission and objectives, we operate as a catalyst and partner to strengthen the market systems,” he added. 

 

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