Business News of Wednesday, 10 July 2019

Source: Vheronyckah Ofosuhemaa Owusu-Ansah

Be innovative with your idea – Richard Nii Armah Quaye to entrepreneurs

CEO of Quick Angels Limited Mr.  Richard Nii Armah Quaye CEO of Quick Angels Limited Mr. Richard Nii Armah Quaye

The CEO of Quick Angels Limited Mr. Richard Nii Armah Quaye has charged entrepreneurs to be innovative with their ideas and businesses to attract investors.

He made this known during an entrepreneur pitching session for equity funding at Quick Angels Limited, the first and formally institutionalized angel investor in Ghana.

Weeks after launch of Quick Angels Limited, hundreds of entrepreneurs trooped to the office of Quick Angels Limited to pitch and seek for equity funding.

The move which did not come as a surprise to the company goes to confirm that Ghana indeed needs Angel Investors to help fund and harness the potential of entrepreneurs as well as businesses to help build the economy of the country.

Reacting to the numbers coming in to pitch for equity funding, Mr. Quaye said
‘’ I am indeed thrilled to see the numbers and more importantly the posture of these entrepreneurs interested in equity funding. Equity funding is the way for entrepreneurs to grow and more so for a developing country like Ghana. I urge all entrepreneurs to be versatile with their projects, ideas, businesses to attract the right investors. As an entrepreneur, your idea should be unique and stand out so an investor is convinced to invest. You should have the skill to be able to execute once you get the funding you are looking for. You should simply be different and innovative.’’

He added that Quick Angels Limited is looking forward to funding all smart and innovative ideas of both potential and existing entrepreneurs as well as businesses that are interested in equity funding.