AngloGold Ashanti Launches Obuasi Entrepreneurship and Innovation Challenge

As part of its 10-year Socio-Economic Development Plan (SEDP), AngloGold Ashanti’s Obuasi Mine has announced the launch of the Obuasi Entrepreneurship and Innovation Challenge. This initiative, set to begin this year, aims to identify and support talented youth within the Obuasi area who have innovative and potentially profitable business ideas. Through the programme, AngloGold Ashanti seeks to empower local entrepreneurs and help turn their ideas into sustainable, operational businesses.

About the Challenge

The selected participants will receive training in essential business skills such as business plan writing and pitching. Following the training, a competition will be held to select the most promising business ideas. The best entries will win prizes and continue to receive business development training. AngloGold Ashanti will further support the winners by connecting them with financial partners and facilitating access to potential market opportunities to ensure their businesses thrive.

Eligibility Requirements

To be eligible for the challenge, applicants must meet the following criteria:

• Be between the ages of 18 and 40.
• Have a registered business at the Registrar General’s Department.
• Complete a host community validation form.
• Possess some resources to implement their proposed project.
• Female-owned businesses are strongly encouraged to apply.

How to Apply

Interested candidates must submit hard copies of their application forms and business plans/proposals at one of the following locations:

• The front desk of the AngloGold Ashanti (AGA) Sustainability Office.
• The Enterprise and Skills Development Centre at Anyinam.

The deadline for submission is 30th September 2024, and the programme is set to officially start on 14th October 2024.

This challenge provides a unique opportunity for Obuasi’s youth to bring their entrepreneurial visions to life with the backing of one of Ghana’s leading corporate entities.