20th August 2023 10:36:17 AM
2 mins readOn Friday, the 18th of August 2023, a recognition event was held by President Akufo-Addo to honor a group of enterprising young men and women.
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This event celebrated their accomplishments through the Presidential Pitch initiative.
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President Akufo-Addo commended these youthful entrepreneurs for defying challenges and embarking on entrepreneurial endeavors, resulting in the creation of job opportunities for themselves and fellow Ghanaians.
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Since its inception in 2017, the Presidential Pitch initiative has successfully conducted three editions.
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Through these editions, a total of thirty young entrepreneurs have been bestowed with monetary rewards aimed at facilitating the establishment and expansion of their businesses.
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Addressing the importance of entrepreneurship in fostering economic growth and development, President Akufo-Addo emphasized its global recognition as a significant catalyst for economic transformation.
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He firmly believed that the convergence of technology, entrepreneurship, and business represents the most effective approach to addressing economic hurdles and the concerning levels of unemployment.
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Furthermore, President Akufo-Addo underlined that governments worldwide acknowledge youth entrepreneurship as a potent solution to contemporary unemployment issues.
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He went on to highlight the positive impact of the Presidential Pitch initiative.
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Under its first three seasons, a notable achievement of 702 direct jobs and numerous indirect job opportunities have been generated by the initiative's winners.
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Most notably, these employment opportunities have been established primarily within rural communities, contributing to their development.
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President Akufo-Addo expressed special commendation for Christian Boakye Yiadom, the Chief Executive Officer of Pizzaman Chickenman, who secured the tenth place in Season Two of the competition.
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Christian's pizza enterprise, launched on the premises of Kwame Nkrumah University of Science and Technology in Kumasi, was awarded twenty-five thousand cedis (25,000) through the initiative.
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This capital infusion facilitated the expansion of his business, culminating in the opening of the first Pizzaman Chickenman branch on the KNUST campus on January 17th, 2020, six months following the competition.
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Today, Pizzaman Chickenman stands as a prominent and beloved culinary brand, widely recognized and enjoyed by many.
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