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Cognicert UK Professional Courses
Jokoem Consulting Group is in partnership with Cognicert UK Limited to deliver professional courses in Marketing Research, Internal Audit, Banking Operations, Business Continuity and other courses that could be found on their website, www.cognicert.com .
ENTREPRENEURSHIP JOURNEY TO ACCELERATION
Jokoem Innovation Hub has started another cohort to train startups to the acceleration phase. Participants were selected from the Eastern Region. 80% of participants have business related to agribusiness. The objective of the training is to equip participants with the skills and knowledge that would position them to participate in the entrepreneurial space.
FUNDING FOR START-UPS
we have realised that getting funding for start-ups to take off with their business has become a challenge. The challenges could be identified in two ways. First, the start-ups do not know where and whom to contact for finance and the second challenge is how the start-ups could package themselves in order to attract funding. In view of the challenges identified, Jokoem Innovation Hub packaged a programme titled "Financial Markets" to expose start-ups to the funding alternatives. The training took place at Koforidua on March 14, 2024. The programme was sponsored by the Ghana Economic Transformation Project (GETP) sponsored by the World Bank through the Ministry of Finance and Economic Planning (MFEP). LEARNING OUTCOMES • Describe the reasons for businesses seeking finance •Describe important types of financial institutions •Explain slope of supply and demand for loanable funds •Explain shifts in supply and demand curves •Features of Islamic finance •How businesses can use fintech to raise funds
How to Reduce Cost Of Poultry Production
Poultry production in Ghana is one of the key food production enterprise meant to supplement protein in our diet. It is an undisputed fact that cost of production has been on the ascendency due to high cost of inputs and other operational activities. Most poultry entrepreneurs do not have control over the cost of feeds for the poultry. The main ingredients used in feeding poultry in Ghana are maize and soybean. Humans and animals for that matter compete for these primary raw material. One key solution to the challenge of increasing feed cost is for poultry entrepreneurs to add planting of feed to their poultry production value chain. All things being equal, this step could go a long way in reducing increasing cost of poultry production in Ghana. Jokoem Consulting Group is in a position to offer technical solutions to this particular sector in our food production chain.
SUPPORTING OUR INDEGENOUS POULTRY FARMERS
With a population of over 35,000,000, Ghana continues to import substantial number of poultry products. These imported products compete unfavourably with our indigenous poultry products. The main challenge remains to be the expensive raw materials to use to run the industry. The industry once employed a number of its citizens thereby reducing unemployment and contributing to GDP. Emerging industries like Brempomaa Poultry Farm, A Qs Poultry Industry, Mina Farms, if given the necessary support could grow and develop its products to meet the demands of the country.
Skill Training for YEA Beneficiaries
Liquid soap manufacturing The National Entrepreneurship and Innovation Programme has organised a month skill training for beneficiaries of YEA in the Eastern Region. The training was climaxed with an Entrepreneurship and Financial Literacy Training. The objective is to impart skill training to the youth to enable them to set up their own enterprises and thereby reduce the level of unemployment Yoghurt manufacturing
UNDERSTANDING THE MARKETS
On the 14th of February we had a discussion on understanding the markets. We discussed factors that affected production and factors that influenced the behaviour of consumer demand. We were informed that price as a factor did not cause a shift in the demand curve or supply curve. However, other factors other than price caused shifts in the demand and supply curves. Price was a major factor that influenced the allocation of resources. Please find attached presentation slides of the seminar.