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STU and Goil set up entrepreneurship hub

botchway April 10, 2019



From Francis Owusu-Ansah, Sunyani       .                                                                                                    The Sunyani Technical University, through its Business/Entrepreneurship Development and External Funding Unit, is setting up a Business and Entrepreneurship Development Center (BEDC), an entrepreneurship hub, with support from Goil Ghana Limited.

This is in response to the increasing number of students showing interest and enthusiasm in setting up their own businesses and creating jobs for others after school.

The entrepreneurship hub is aimed at supporting students, businesses and other innovators to recognise opportunities, develop, launch, and commercialise their ideas, and motivate them to bring out their entrepreneurship skills.

The Vice-Chancellor of the STU, Prof. Ing. Kwadwo Adinkrah-Appiah, said these during an entrepreneurship awareness seminar held in the school’s main auditorium in Sunyani.

The seminar, which was on the theme, “Changing minds, from Job Seekers to Job Creators; Adopting Entrepreneurship as a Career Option,” was attended by students and staff of the university.

The Vice-Chancellor noted that since entrepreneurship was one of the most trending fields with a vast scope for self-employment and innovation, the Entrepreneurship Center would motivate students to be dedicated entrepreneurs, while the centre strives to narrow the gap between industry expectations and student capabilities.

He said the center would focus on “guiding students to go into self-employment, and thereby create “An Employer Culture”, instead of being job seekers, our students would be job providers.”

Prof Adinkrah-Appiah added that the entrepreneurship hub would endeavour to become a catalyst in facilitating the emergence of competent first generation entrepreneurs.

“This can be achieved through the transitioning of existing small and medium enterprises into growth-oriented businesses, through skills development training, awareness creation programmes, research and institution building,” he said.

Prof. Adinkrah-Appiah was grateful to the collaborative partners, Ghana Oil Company Limited (GOIL), for providing enormous support in initiating the setting up of the hub, and also organising the seminar.

Mr. Franklin Owusu-Karikari, Business Support Director of the National Entrepreneurship and Innovations Programme (NEIP), commended the university for setting up the Business and Entrepreneurship Development Center, adding that the move was in response to contemporary trends in preparing students for the job market.

“The public sector is able to absorb just five percent of the total number of graduates churned out each year,” he stated, and disabused the minds of the students and unemployed graduates that the public sector was capable of absorbing them all.

He, therefore, encouraged them to be innovative and strive to discover ways of generating incomes for themselves and for others.

“The reality is that your certificate is no longer enough to get you a job – whether you had First Class, Second Class or Third Class at your graduation…the world is no longer waiting for strait jacket professionals,” Mr. Owusu Karkari said.

The NEIP official tasked the participants to be proactive job seekers by identifying business opportunities to pursue, run their own businesses, and be financially independent, rather than moving round with their application letters and CVs.

Two distinguished and entrepreneurs – Mr. Obeng Korang Manson, who is the Chief Executive Officer (CEO) of Xtrym Consortium and Madam Florence Ofori-Agyeman, CEO of Bakerz Relish – both shared their success stories to the participants.

Among those who graced the occasion were the Pro-Vice Chancellor of the university, Dr. Justice Solomon Korantwi-Barimah, the Registrar, Mr. S.A Obour, and Dr. Jones Lewis Arthur, Director of the International Relations and Institutional Linkage Directorate of STU.


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