25 Promising businesses benefit from intensive bootcamp
A three day intensive bootcamp meant to equip 25 promising Ghanaian ventures with the skills and tools necessary to propel their businesses forward has ended in Accra.
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Held between July 23 and 25, 2024, the bootcamp was designed for early-stage innovators in the country.
It was organized by Legatum Center for Development and Entrepreneurship at MIT, in partnership with the Ghana Enterprises Agency (GEA), Ghana Hubs Network (GHN), She Hub Ghana with support from Mastercard Foundation.
Valuable platform
The Executive Director of the Legatum Center, Dina H. Sherif, in a press release issued on July 26 in Accra, stated that the bootcamp provided a valuable platform for Ghanaian entrepreneurs to gain critical insights and strategies for navigating the unique challenges and opportunities presented by growth markets.
He said through interactive workshops led by MIT faculty, experienced entrepreneurs, and industry experts, participants honed their value propositions, refined their business models, and developed strong leadership skills—all essential ingredients for achieving sustainable growth.
The bootcamp’s curriculum, characterised by the integration of the Center’s own growth market case studies with cutting-edge theory, covered topics such as design thinking, product- market fit, systems change entrepreneurship, and market- creating innovation.
Participants also gained practical tools for crafting a strong and scalable business model.
The final day focused on developing effective leadership skills, crafting compelling narratives, and building strategic partnerships.
Game changer
The Founder of Black Tech Lead, Charity Dzidedi Ofosuhene, said the Legatum Center Bootcamp was a game-changer for the businesses that participated in the initiative.
“After three businesses, I finally have the clarity to build something truly groundbreaking.
“The structured knowledge and incredible network are invaluable. Huge thanks to the Legatum Center, the Ghana Enterprises Agency, and Ghana Hubs Network for this amazing opportunity,” he said.
Recognising the critical role of partnerships in delivering impactful bootcamps, the Legatum Center acknowledges the invaluable support of GEA and GHN, for creating a welcoming environment for the participating innovators.
Partnership
The Chief Executive Officer of Ghana Enterprises Agency, Kosi Yankey-Ayeh, said the Legatum Center Bootcamp aligns perfectly with GEA’s mandate to empower Ghanaian businesses and equip them with the tools they need to thrive.
“We are proud to partner with the Legatum Center and GHN to cultivate a vibrant innovation scene in Ghana. This bootcamp provided a valuable platform for early-stage ventures to gain the knowledge and connections necessary to contribute to our nation’s economic growth,” she said.
The Legatum Center remains committed to fostering a thriving ecosystem for innovation and entrepreneurship in Africa.
As the participants embark on their journeys, the Center will continue to provide them with community and support to help them achieve their full potential.
Bootcamp participants now join a community of thousands of innovators, change agents, and ecosystem players across the continent connected through the Legatum Center and its program partners.