Winner of the maiden edition of the Presidential Pitch competition Vanessa Aisha Limann has urged start-ups and young entrepreneurs to take advantage of programmes and platforms that offer information on access to funding opportunities.
He 19-year-old says most start-ups lack information on funding sources, thereby making it difficult for them to raise the right funding for their businesses.
Startups in Ghana mostly complain of lack of access to cheaper credit unlike in other countries where there are systems to support young entrepreneurs.
There are cheaper loans, angel investors, government support amongst others.
In contrast, the interest rate of most financial institutions in the country remains high.
Speaking ahead of the Media General Start-up Fair and Funding Summit, Ms Limann said there are avenues for funding but start-ups lack information on how to access those funds.
About 50 firms are expected to patronize the two-day fair which will have participants exhibit their products and services.
A start-up talk where all start-ups including prospective ones will have the opportunity to pitch their ideas for on-the-spot funding opportunities will be held.
There will also be free health screening.
The event is open to the general public to come and enjoy the massive discounts offered by exhibitors at the Aviation Social Centre.
It starts on Friday, November 16.
By Nana Akua Mensah-Aborampah|3news.com|Ghana
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