The Ghana Bioenterprise Innovations Partnership (GBIP) and the Ghana-Britain Partnership for Innovation and Entrepreneurship (GB-PIE) of the Innovations for African Universities (IAU) have launched a manual to guide young start-ups through the process of regularising their businesses.
Launching the manual at the University of Cape Coast, titled “A Stepwise Guide to the Registration of Businesses for Young Start-ups” at the University of Cape Coast, the Project Lead Ghana Bioenterprise Innovations Partnership (GBIP), Professor Desmond Omane Acheampong indicated that most students and graduates view the process of business registration as cumbersome and thus shelve their ideas.
He said the manual has therefore come at a time when there are calls for graduates to start their own businesses since the demand for labour has not increased in all sectors of the economy.
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He stated that the manual provides a step-by-step guide from the selection of the business name to the final inspection by a regulatory agency.
The Head of Medory Naturals, Dr. Ama Kyeraa Thomford, author of the manual indicated that the manual was based on the practical experiences of Medory as they went through the steps in business registration, hence it will be relevant to all young start-ups.
Medory Naturals, a Ghanaian start-up that is into the development, manufacturing, and sale of natural health products from Ghanaian plants with received technical assistance from GBIP and GB-PIE to regularise their business, improve packaging and branding as well as marketing of their products under a translator accelerator programme developed the manual.
Dr. Thomford said the manual aims to simplify this process which very often becomes an unsurmountable barrier for small businesses.
She further added that the development of the manual was part of the action point for the 2 projects which sought to equip young and potential entrepreneurs with the knowledge and skills to translate their ideas into viable ventures.
Medory Naturals’ herbal teas
Two new products from Medory Naturals, the Medory Blue Tea and Medory Flora Tea, formulated from some Ghanaian medicinal plants were also revealed to the general public.
The products were made to reinvigorate and reduce stress and also intended for persons of all ages especially those seeking healthy alternatives to the sugar-based and caffeinated drinks common on the Ghanaian market.
In attendance were Professor Desmond Omane Acheampong – Dean SAHS, UCC, Chair; Dr. Francis Ackah Armah – Senior Lecturer, Department of Biomedical Sciences; Dr. Ama Kyeraa Thomford – Senior Lecturer, Department of Biomedical Sciences; and Dr. Richael Odarkor Mills – Lecturer, Department of Biomedical Sciences.
The rest are Dr. George Ghartey-Kwansah – Lecturer, Department of Biomedical Sciences; Dr. Kwame Kumi Asare – Research Fellow, University of Cape Coast; Dr. Alex Boadi Dankyi – Research Fellow, Directorate of Research, Innovation and Consultancy, UCC; and Dr. Kwesi Prah Thomford – Lecturer, Department of Pharmacognosy and Herbal Medicine.
SOURCE: ATLFMNEWS
