BRIEF ON THE BET-GHANA BUSINESS PLAN COMPETITION
Introduction
The BET-Ghana Business Plan Competition is an initiative of the BET-Ghana project, a trans- disciplinary research and transfer project between the University of Cape Coast and the Hochschule Bonn-Rhein-Sieg University of Applied Sciences in Germany. The competition is aimed at promoting start-ups and entrepreneurship in the Consumer Goods and Food Processing (CG & FP) industry as part of the broader goal of enhancing the employability and (self-) employment opportunities of students and graduates in the Ghanaian economy. Download COMPETITION POSTER
Structure of competition
The BET-Ghana Business Plan Competition involves a four stage process comprising:
1. submission of concept paper on a business idea in the CG &FP industry,
2. participation in a day’s training on business plan writing for top 20 shortlisted applicants,
3. submission of business plan by top 20 shortlisted applicants; and
4. pitching to a panel of experts.
Eligibility criteria for participation
In order to participate in the competition, applicant must:
1. be a non-final year student of the University Cape Coast studying through any of the modes available i.e. regular, sandwich or distance; and
2. have a business idea that falls within the CG &FP industry.
Applicants with business concepts that are already operational; and applicants who possess a valid national passport will have an added advantage.
Award
Top 10 finalists will receive business implementation training in Germany in 2021.
List of Possible Consumer Goods and Food Processing Items
| Consumer Goods | Secondary and Tertiary Processing of the following Food Items |
|---|---|
| Soap (bar and liquid), shower gel | Roots and tubers (flour, gari mix) |
| Body and hair cream, lotion | Essential oils, omega 3 fatty acids |
| Packaging material such as paper, plastic | Meat and poultry products |
| Construction materials e.g. tiles, adhesives, putty fillers |
Chocolate drinks and cocoa based products |
| Toiletries e.g. tissue paper, napkin, sanitizer | Fruit and vegetable drinks, beverages |
| Dispensers for washing, food storage | Nuts, seeds and processed spices |
| Clothes, hangers | Cereal grains, legumes |
| Coats and scrubs | Mineral water |
| Fashion designs and accessories e.g. beads, necklaces, hats, fascinators | Fermented and alcoholic drinks (noni juice, yoghurt, vinegar, dry gin) |
| Fashion accessories | Dairy products |
| Footwear | Fungus, mushrooms |
| Charcoal briquettes. activated charcoal | Egg powder |
| Chalk, markers | Sweeteners e.g. sugars, honey, stevia |
| Wig oil | Fish, sea foods, shellfish |
| Art works | Salt |
| Interior decor, wall papers, designer brush | Dried fruits and vegetables |
| Embroidery designs | Snacks, dessert, bread, biscuits, spreads |
The deadline for submission of a business concept is Monday, 15th June, 2020.