VODEC Africa Idea Challenge 2025

Join the Idea Challenge 2025 and be part of a movement that fosters entrepreneurship, creativity, and economic growth in Ghana.

Empowering Young Entrepreneurs through the Idea Challenge 2025.

In 2018, VODEC Africa launched the Idea Challenge, a transformative initiative aimed at empowering young entrepreneurs across Ghana. This program has successfully nurtured innovative business ideas, exemplified by the success of a young entrepreneur from the Northern Region who established a Kente weaving company. As we look ahead to 2025, we are excited to continue this journey of empowerment, creativity, and cultural pride through the next edition of the Idea Challenge.

Objective

The primary objective of the Idea Challenge 2025 is to discover, support, and fund innovative business ideas from young entrepreneurs in Ghana.

We aim to provide essential funding and technical support to selected participants, fostering entrepreneurship that contributes to economic growth and cultural preservation.

Selection Process

The selection process for the Idea Challenge 2025 will involve several key steps:

selection criteria
  • Launch a nationwide call for applications through various channels (social media, universities, community centers).
  • Provide clear guidelines on eligibility criteria, application format, and submission deadlines.
  • Interested participants will submit their business ideas through a structured online platform.
  • Each application must include a detailed business plan, outlining the concept, market analysis, financial projections, and impact on the community.

A panel of experts will conduct an initial review of all submissions to shortlist candidates based on innovation, feasibility, and social impact.

  • Shortlisted candidates will be invited to participate in a series of workshops focused on developing their pitch decks.
  • Workshops will cover effective communication, presentation skills, and financial modeling.
  • Selected finalists will present their pitch decks to a panel of judges consisting of industry experts, investors, and successful entrepreneurs.
  • Pitches will be evaluated based on clarity, originality, market potential, and sustainability.
  • Innovation and creativity of the business idea.
  • Clarity and professionalism of the pitch deck.
  • Potential for economic impact and community benefit.
  • Feasibility and scalability of the business model.
  • The judges will select the top candidates who will receive funding and technical support based on their performance during the pitch event.

National Emerging Leaders Economic Forum 2025

The culmination of the Idea Challenge 2025 will take place at the National Emerging Leaders Economic Forum (NELEF 2025). This prestigious event will serve as a platform to announce the winners and celebrate their achievements.

Frequently Asked Questions

Simple yet effective Elementor FAQ widget. 

1. What is the VODEC Africa Idea Challenge 2025?

The Idea Challenge 2025 is an initiative by VODEC Africa to empower young entrepreneurs in Ghana by providing funding, technical support, and a platform for visibility.

2. Who is eligible to participate?

The Idea Challenge 2025 is open to young entrepreneurs in Ghana who have innovative business ideas.

3. How do I apply?

Interested participants will submit their business ideas through a structured online platform.

4. What is the selection process?

The selection process involves initial screening, pitch deck preparation, and a pitch event where finalists will present their ideas to a panel of judges.

5. What are the judging criteria?

The judging criteria include innovation and creativity, clarity and professionalism, potential for economic impact, and feasibility and scalability.

6. What is the climax event?

The climax event is the National Emerging Leaders Economic Forum 2025 (NELEF 2025), where the winners will be announced and celebrated.

7. What benefits will participants receive?

Participants will receive funding, technical support, and a platform for visibility at NELEF 2025.

8. How can I support the Idea Challenge 2025?

We invite stakeholders, partners, and sponsors to join us in making the Idea Challenge 2025 a success. Please reach out to us via info@vodecafrica.org.