Total Petroleum Ghana Limited has announced the release of a seed capital of 160,000 cedis to help three viable Ghanaian startups grow their businesses.
The company, through a statement, stated that these startups will be selected from some ten businesses that are to take part in Total’s start-upper contest. It is open to young entrepreneurs between ages 18 and 35 with a new startup within two years or a viable business plan.
Oliver Van Parys, Managing Director of Total Ghana, said the initiative is aimed at growing entrepreneurs and address youth unemployment in the country.
“I think it is a very good initiative because entrepreneurship today is very critical to our development,” Seth Twum Akwaboah, Chief Executive Officer of the Association of Ghana Industries, added.
The initiative will reward the final three selected startups with the capital and coaching for their businesses.
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