Total Petroleum launched the second edition of its ‘Startupper of the Year Challenge’ to support business creation and development.
The competition is designed to support and reward young entrepreneurs 35 years and below who have a project or have formed a company in the past two years.
Three winners from the competition will receive financial support of up to GH¢180,000, extensive publicity and one-year coaching from mentors.
The ultimate winner will also have the opportunity to compete at the regional level.
Project Manager Mr. Bright Dokosi said the application for the challenge was scheduled for between October 9 and November 13, after which the selection process would begin.
Managing Director of Total Ghana Mr. Eric Fanchini said 6,000 applications were received in the the first edition in 2015.
Mr. Fanchini added that organizers were going to select ‘top female entrepreneur’ as a special award category. This is intended to give women the extra push consistent with the company’s women-focused initiatives.
Along with other innnovative social intervention slike the Young Dealer Scheme and the Total Young Graduate Programme, Total Ghana hopes to help address the unemployment problems in the country.
Minister for Employment and Labour Relations Mr. Ignatius Baffour Awuah lauded Total Petroleum for the initiative, saying it was timely due to the huge unemployment rate in the country and that it was also consistent with government’s commitment to reduce unemployment in the country.