The Ghana Bioenterprise Innovations Partnership (GBIP) and the Ghana-Britain Partnership for Innovation and Entrepreneurship (GB-PIE) of the Innovations for African Universities (IAU) has launched a business manual to guide young start-ups through the process of regularising their businesses.

Titled: “A Stepwise Guide to the Registration of Businesses for Young Start-ups,” the manual chronicles modern ways of equipping young entrepreneurs with the knowledge and skills to translate their ideas into viable ventures.

It also aims at simplifying the cumbersome processes that start-ups face in the registration of their business.

The Project Lead Professor, Prof. Desmond Omane Acheampong, who launched the manual, indicated that the timing of the manual was apt owing to the growing calls for the teeming unemployed graduates to start their own business.

According to him, most students and graduates jettison their plans of creating their own jobs to become entrepreneurs as a result of the time-honoured business registration processes faced by young entrepreneurs.

“Therefore, this manual provides a step-by-step guide from the selection of business name to the final inspection by a regulatory agency,” added Prof. Acheampong, who is also the Dean of Allied Health Sciences at the University of Cape Coast, UCC.

For her part, the Head of Medory Natural, Dr. Ama Kyearaa Thomford, who developed the manual, stated that it was based on the practical experiences of Medory.

According to her, Medory Naturals, a Ghanaian start-up which is into manufacturing and sale of natural health products from Ghanaian plants, went through the steps in business registration and, thus, recommended the manual to young entrepreneurs.

Dr. Thomford, who received technical assistance from GBIP and GB-PIE, showcased Medory Blue Tea and Medory Flora Tea products to the gathering and explained that the two products reinvigorate and reduced stress.

“The products are intended for persons of all ages especially those seeking healthy alternatives to the sugar-based and caffeinated drinks common on the Ghanaian market,” she added.

Held at the Sam Jonah Library-UCC, the event was attended by team members from the IAU project partners, faculty, students and teaching assistants from UCC. The IAU projects have the University of Cape Coast, University of Health and Allied Sciences, and the University of St Andrews, Scotland-UK as partners.

Also present at the event were Dr. Francis Ackah Armah – Senior Lecturer, Department of Biomedical Sciences; 

Dr. Richael Odarkor Mills – Lecturer, Department of Biomedical Sciences; Dr. George Ghartey-Kwansah – Lecturer, Department of Biomedical Sciences; Dr. Kwame Kumi Asare – Research Fellow, Department of Biomedical Sciences and Dr. Kwesi Prah Thomford – Lecturer, Department of Pharmacognosy and Herbal Medicine.

Source: Documentation and Information Section-UCC