About the Pitch

It is a competition which offers entrepreneurs 3 unique opportunities:

  • To showcase their businesses to Ghana, Africa and the world
  • Win cash investments and essential skill training
  • Gain access to strategic partners and markets for their products and services

Background

The Knowledge Channel (TKC) Africa has signed a partnership with 3FM and YALI West Africa to implement a unique business pitching segment that enables entrepreneurs and social enterprises to pitch their business in 1 minute with the hope of obtaining $10,000 in cash and kind (such as 12 months of business coaching, media engagement, website development and hosting and the opportunity to attending the sort after Young Africa Leaders Initiative (YALI).

  • We believe in the economic potential of Ghana and the African continent
  • We believe in the entrepreneur skills of Ghanaians, West Africans and the entire African continent
  • We believe if businesses are supported financially, technically and with (even just) access to market, their chances of succeeding increase significantly
  • We are starting on Wednesday 5th April 2017 at 8:30am LIVE on 3FM 92.7 (Listen online LIVE on www.tunein.com or watch us on Facebook 3FM 92.7)
  • Dial (+233) 507 910 454 to submit your 1 minute business pitch (pitching lines close on Sunday 14th May 2017 at 11:59pm)
  • Join us every week on Wednesday with Winston Amoah, Host of the Sunrise show on 3FM 92.7 at 8:30am (Ghana GMT time) for the 3FM Business Pitch competition show
  • It is called 1-minute pitch because all competitors get 1 minute to explain their respective businesses.
  • On our website and on the call, applicants will be provided guidelines on how to effectively structure a 1-minute pitch
  • All applicants dial a number and then pitch their business for 1-minute.
  • After the call, all applicants automatically receive via SMS/text a unique 4 digit code which is linked to their pitch and the voting number
  • Each code is unique to the entrepreneur that pitched using his/her mobile phone
  • Applicants can then share the code with their friends, family and the rest of the public, who can call a voting number to vote for a particular pitch
  • The winner is determined by the number of votes receives from the public and judges
  • Each season consist of 3 months (13 weeks) and there would be a winner at the end of each season
  • The first 6 weeks of the month would be for pitching only. The 3FM Business Pitch pitching line will close on Sunday 7th May 2017. At which stage the voting line will remain open for another 2 weeks before it closes on the Friday 26th May.
  • The judges will then use 2 -3 days to evaluate top 20 pitches the public has voted for.
  • The top 20 pitchers/entrepreneurs will be given a 3 day intensive training (from June 8-10) with our partners Innohub Limited and the top 3 pitchers / entrepreneurs will continue to attaining the ultimate prize of $10,000 in cash and kind
  • The Voting lines will reopen on Wednesday 31st May for the Top 3 entrepreneurs for the next 5 weeks until the Grand final, which will live in the TV3 auditorium on Wednesday 28th June.
  • There, the Top will get 5 minutes to pitch their business to real investors live in the studio (ie. Similar to Dragons Den or Shark Tank) in the effort of obtaining the ultimate prize of $10,000 in cash and market access.
  • All entrepreneurs with viable start-ups or SMEs.
  • We strongly encourage all entrepreneurs especially young female entrepreneurs to use this opportunity to showcase their business talents
  • We also encourage entrepreneurs from all sectors to apply

The winner will receive a package valued at $10,000

  • Cash injection into their businesses
  • YALI RLC (5 weeks intensive practical leadership training)
  • Business coaching (12 months)
  • Business marketing (tv/radio/social media – 12 months)
  • Direct access to strategic partners and bigger investors as the business grows
  • Business Startup Kit [Creative  Design, Website Development and Social Media Management] (12 months)
  • Voting lines open on Wednesday 5th April 2017 at 8am and closes on Friday May 26th 2017 at 11:59am
  • Dial ((+233) 507 910 453) to vote for your 3FM Business Pitch. Please make sure you also have the 4 digit unique code before you dial the voting number to vote
  • You are welcome to vote as many times as possible and send your 4 digit unique code and voting number to your entire network and ask them to vote for you.

Strategic Partners are:

3FM Business Pitch

Analytical Results from the 3FM Business Pitch Competition (2017)

Call Categories - May 2017

Call Categories – May 2017
[3FM Business Pitch Competition]

Volume of Calls - April to May 2017

Volume of Calls – April to May 2017
[3FM Business Pitch Competition]

Call Sentiment - April to May 2017

Call Sentiment – April to May 2017
[3FM Business Pitch Competition]