The issue of entrepreneurship and innovation is critical to the development of every country. To contribute its quota, the University of Ghana Business School (UGBS) has inaugurated the Innovation and Incubation Hub to raise and support young innovative entrepreneurs. On 26th August 2021, the UGBS Innovation and Incubation Hub, under the co-ordination of Dr. George Acheampong, a senior lecturer at UGBS, organised an information session for the first cohort of innovators for the hub. The meeting, which was the first offline meeting since the virtual pitching of the incubates, was held at the University of Ghana Guest Centre.
At the session, the incubates were introduced to the various administrators of the hub; Dr. George Acheampong, Mrs. Mammie Hutchful-Nortey, Mr. Oliver Kwabena Aggrey, Ms. Benedicta Asare, Mr. Osei Bonsu and Mr. Frederick Ntim. The incubates also revealed their teams and their various innovations. Mrs. Hutchful, an administrator of the hub and an industrial liaison officer at the Office of Research, Innovation and Development (ORID) at University of Ghana, applauded the teams for initiating such brilliant ideas to help solve social issues. She revealed that the Office of Research, Innovation and Development, as well as an Intellectual Property committee, are on the standby and ready to support the full course of the hub. To encourage the incubates, she disclosed that, to be successful at the pre-incubation stage, incubates must not only have an idea but also the right environment and attitude.
The Coordinator, Dr. George Acheampong divulged that, “The overall reason for establishing the hub was to transform entrepreneurship education from theory to practice”. He exposed the various stages which incubates will go through before emerging as successful businesses. He expressed that the stakeholders of the hub will do their possible best to ensure a successful cohort. The meeting which was moderated by Mr. Oliver Aggrey ended with group discussions with the administrators and a question-and-answer session.
Currently, the cohort are undergoing a six-month pre-incubation training, following which successful teams will be admitted into the Hub. This endeavour is proudly sponsored by Mr. Ernest Appiah, an alumnus of the University of Ghana Business School and the CEO of AMG Fertilizer.
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