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Four Founders From Ashesi Venture Incubator’s Sixth Cohort Secure $50,000 in Growth Funding

The sixth cohort of the Ashesi Venture Incubator (AVI) has ended, highlighting a year of learning, innovation, and growth for young entrepreneurs. The year-long journey culminated with four entrepreneurs receiving a combined USD 50,000 in growth funding to scale their ventures. 

Over the 12 months, these four, along with other businesses, worked together to test ideas, refine business models, and develop ventures designed to create lasting value in their communities. Guided by their coaches, the cohort gained hands-on experience and insights that strengthened their capacity to build and sustain viable businesses. 

Their ventures generated over GHS 35 million (USD 2.84 million) in cumulative revenue and created 100 new jobs across several industries, reflecting a steady growth in founders’ ambition to scale with structure and financial discipline. 

The Investor Pitch Session, where fellows presented their ventures to a panel of investors and industry leaders, climaxed the year.  The panel included Joe Jackson, (Chief Executive Officer of Dalex Finance), Isaac Boamah, (Chief Executive Officer and Chief Investment Officer of IC Asset Managers (Ghana) Ltd), Yaw Sampong, as well as Bubune Sorkpor, (Former Chief Investment Officer of the Minerals Income Investment Fund). 

Sharing her thoughts, Jessica Boifio, (Associate Director of the Ashesi Center for Entrepreneurship), said: 

“At the Ashesi Centre for Entrepreneurship, we see entrepreneurship as a long game guided by coaching, grounded in industry relevance, and sustained by resilience” She explained: “ Each cohort reminds us that ventures built through mentorship and real-world practice take time to mature, but when they do, they can compete, adapt, and create lasting value in their markets.”

Meet the four Entrepreneurs. 

Laila Lulu Hijazi’24 – Founder, Laila’s Cakes
Laila Lulu Hijazi leads Laila’s Cakes, an upcoming bakery brand dedicated to making high-quality baked goods accessible to all. When she joined, her business was still a budding venture. 

“Before, my business was still small; in fact, I didn’t even have a single employee,” she shared. “With the guidance of my coach, I was able to hire workers, and that bold step helped me increase my sales.”

The investor pitch came with a lot of lessons for Hijazi; She learnt that growth takes preparation, structure, and the courage to keep learning. With the funding received, she intends to open a second branch as part of her seven-year growth plan. 

 

Kofi Ocloo’05 -Founder, Ndogbe Sprout 

Kofi Ocloo’05, founder of Ndogbe Sprout, runs a social enterprise that supports smallholder farmers in reducing post-harvest corn losses. He joined seeking to strengthen and scale his operations. 

“The support I received was a real confidence booster. I felt like I had a strong backbone and never felt alone,” he shared. Kofi noted that the program helped bring structure to his business, particularly the sessions on finance, which clarified how to manage resources and plan for sustainable growth. “The investor pitch also gave me a deeper understanding of my venture’s potential,” he added. Emphasizing the value of diverse feedback from the judges, Ocloo plans to acquire two additional dryers for processing corn and extend his business model to new farming communities.

 

Salia Abdallah’24-Founder, Farmitecture
Salia Abdallah’24, founder of Farmitecture, leads an agritech venture that helps urban households and businesses grow vegetables in compact spaces using locally manufactured vertical farming systems. Before joining, Farmitecture had only one prototype and no clear pathway to scale. 

“When my team was entering, we had barely sold anything,” Abdallah said. “Now, we’ve moved from a prototype to serving customers and generated over GHS 180,000 in revenue.”

The investor pitch, he noted, reshaped his outlook, revealing how clarity of vision can open new doors. With the funding, Abdallah and his team plan to expand operations and build partnerships to make Farmitecture a widely adopted provider of urban farming systems. 

 

Amanda Edinam Ahiardomey-Founder, Summer Skin 
Amanda Edinam Ahiardomey, founder of Summer Skin, embarked on her journey in 2022, driven by a personal quest for effective, natural skincare solutions. 

“Summer Skin was just a dream, an idea sitting on a Google Doc because it hadn’t yet become a reality,” she shared. After her first attempt failed, Amanda joined to rebuild her confidence and gain the skills to sustain her business.
“I joined to learn how to run my business without failing this time,” she said. The investor pitch provided a valuable learning experience for Ahiardomey. “I had never pitched to investors before”, she noted, “and this became the opportunity to communicate my vision with confidence.”

Activity Calendar

Featured Event: December 3, 2025

Christmas on the Hill
A festive end-of-year celebration featuring activities, music, and community bonding. This event brings together students, faculty, and staff to share in the holiday spirit before the break.