The Kwadaso Agricultural College Agribusiness Incubation Hub organized a business plan competition to give opportunity for students to pitch their business ideas to investors, incubation, stakeholders …………
The initiative works to broaden understanding of entrepreneurship among students of the of Agriculture and by providing educational experiences to develop students’ entrepreneurial skills and increase interaction among students, faculty and agricultural entrepreneurs.
The Agricultural Business Plan Competition provided students at Kwadaso agriculture college to develop and share their ag-related entrepreneurial business ideas. It also allowed participants the opportunity to learn written and oral presentation skills, build their entrepreneurial network and create feasible businesses.
(FIVE) 5 presents participated during the competition that culminated Monday , when six finalists presented their plans to a panel of six panels
And this are Panels members
1) Mr Kofi Adin (Director, finance and Accreditation, (AAIN).2
)Mr Jeremy Opoku Agyemang (Deputy Director Agribusiness Unit, MOFA).
3)Madam Rita Ngodzi (Representative, Akate Farms).
4) Mr Ferdinand Anane – Frimpong (Business Development Lead, Kumasi Hive).
5) Mr John Appiah (Founder and CEO, A league consult).
6)Mr Stephen Gyasi Kwao (County founder and MD, Global Entrepreneurship network).
who awarded the top three prizes. The winners were:
• First place:Eva Ayisah Bubune a Deploma level 300 student
• Second place: Vincent Anokye a Deploma level 300 student
• Third place: Ebenezer Amoako a Deploma level 300 student
Prof.George Oduro Nkansah , delivered the keynote address to a festive gathering of more than 150 people during business plan competition. Speaking “he congratulate the hardworking team of partners at kwadaso agriculture college, TEDMAG, Board Members and MOFA for putting together this Agribusiness Incubation Hub, Agribusiness plan competition and students manage farms Handing over ceremony.
Prof Oduro said Ghana is rich with natural resources yet the agricultural sector is characterized by a miriad of challenges not to mention low yields, importation of some basic including rice, poultry, sugar, and vegetables oils eventhough. Ghana has significant agricultural potential, particularly in the semi-arid Northern Savannah (ahro-) Ecological zone (NSEZ), including the Afram Plains.
He made it known that kwadaso Agricultural College was established in 1922 at kumasi with structures provided by the Cadbury and Fry which was the major buyer of cocoa in the then Gold Coast. The College was therefore moved from what is now known as Cadbury Hall (the regional offices of the Ministry of Foo and Agriculture) to its present Agricultural Training Centre.
Prof. Said KAC Students Managed Farms projectan offshoot of the hub is into pig production, seedlings production and recently maize production. He said their experience over the past year have been plagued with a lot of challenges ranging from erratic rainfall, climate change, Bush fires destroying crops in some areas, pest infestations, post-harvest losses due to lack of marketing avenues, low extension officers to farmers ratios and funding constraints which have together contributed to a reduction in our incomes.
Prof. Said Agriculture is big business, looking at the value chain from (farming, fishing, poultry and livestock) through processing, haulage, marketing and research, just to mention a few, whose contribution to economic growth and development cannot be overemphasized. However, agriculture, especially farming, in this country has always been perceived as a part-time job and is still practiced in most parts at merely subsistence level. “No wonder the sector is dominated by ageing peasants and is unable to attract the youth – a situation which, if left unattended could in the next 10 years have adverse effects on national development. Unfortunately, our graduates who studied agriculture in the college prefer to work in the banking /public sector rather than in mainstream agriculture. Some of the challenges hammering the promotion of agriculture as a business are Land degradation, an increase in the rate of real estate development, constraints in market access, lack of funding, land acquisition difficulties and sub-standard inputs such as the adulteration of agrochemicals.”
He said another issue that is confronting farmers is the problem of land degradation, especially through illegal mining (galamsey), which continues to be a serious manace and threat to farming and Agriculture in general. The sector is also saddle with cattle invading farms and grazing on crops, causing damage to life and properties. We believe that the passage of the cattle Ranching bill is long overdue and could help curtail some of these activities.
Prof advised the students to make themself more employable, so that they will acquire business and IT skills in addition to gaining a sound scientific and technical. “a good diploma, especially one that includes a year gaining practical experience and establishing contact in the industry, will give you an advantage (Swain, 2022).”he was happy to be a part to be part of kwadaso.
Sponsors of the Business Plan Competition is Canada TEDMAG, which is Technical education development for Mordernised Agriculture in Ghana.