The much-anticipated Pitch Night with the theme "Crazy/Wicked Ideas" was held at Limkokwing University on 26/07/23. The event commenced with a warm welcome speech delivered by our esteemed MD/CEO, Mr Francis Stevens George, who set the stage for an exciting evening of innovation and creativity.
Following the welcome speech, Ms Lamarahna Bah, one of our Communications Leads, who also was the host for the night, introduced the panel of distinguished judges who would evaluate the pitches. The judges included Ms Haja Isatu Bah the CEO of Uman4Uman, Madam Naasu Fofanah CEO of Susu Consultancy, Mr Mohamed Barrie CEO of Fashion One and Mr Joannes Hotagua CEO of Authentic African, each bringing a wealth of expertise and experience to the table.
The highlight of the evening was the captivating pitches delivered by four exceptional individuals, each showcasing their unique and ambitious ideas. The pitchers were given their designated time of five minutes each to present their concepts, which ranged from groundbreaking technological innovations to revolutionary social initiatives. The audience was captivated by the passion and enthusiasm displayed by the pitchers throughout their presentations.
The first pitcher Gifty Renner from “Not Just An Art”, whose vision is to awaken the young generation to a new perspective of ideas and values to secure the future and the next generation's future through Art. Thereby solving problems surrounding Climate change, Education, Emotional expression and health, Cultural preservation and identity and also boosting Gender empowerment. Following her pitch, the judges were provided with an opportunity to offer feedback and ask potential questions. Ms Haja Isatu Bah expressed her perspective on Gifty's business, perceiving it primarily as a waste management initiative rather than an art preservation endeavour due to the predominant use of waste materials. Additionally, Ms Bah highlighted that the business covers a wide range of sustainable goals, suggesting that Gifty should concentrate on the one that resonates with her the most.
The second pitcher, Samuel Koroma, has the vision to be the leading provider of electric cars that are stylish, efficient and environmentally friendly. The problems they aim to combat are Climate Change and Air Pollution, through Manufacturing Electric Cars and making them accessible for an affordable cost.
The penultimate pitcher Victor Ikoh from ‘The Company’ intends to solve Environmental pollution caused by waste cooking oil. Through the Conversion of waste cooking oil to soaps and Detergents. Following the session, the judges provided Victor with some valuable advice. They recommended that he establish partnerships once he has registered his business. Additionally, they advised him to conduct product testing on the soap to identify any potential side effects. Moreover, they suggested that Victor strive to reduce the utilization of waste materials by 70% by exploring options for outsourcing customized oils to be used as raw materials in his production process.
Oswald Dundas, the ultimate pitcher, aspires to transform waste recycling and tackle community issues. He has a vision of converting trash into valuable resources, fostering a cleaner environment, and simultaneously generating employment opportunities. Additionally, he has made a remarkable breakthrough in renewable energy, which he affectionately calls "Crazy." This innovation aims to supply clean and affordable electricity to communities, thereby reducing their carbon footprints. By addressing the challenges of limited access to reliable and affordable electricity and improving waste recycling, Oswald Dundas introduces the Water Light Technology V1 Battery and Water Light Technology V2 Battery. which work by ionizing an electrolyte made up of saltwater. This transforms the magnesium on the inside into electrical energy. Oswald was advised by the judges to firstly launch and register his business, having patent rights because the idea of water being used to produce light is unique. Let it be visible and affordable nationally and regionally.
After each pitch, the judges provided valuable feedback, offering constructive criticism and commendations. Their insightful comments not only motivated the pitchers but also provided guidance for further development and refinement of their ideas. The interactive feedback sessions fostered an environment of growth and learning as the judges showed interest in collaborating with some of the pitchers after the event.
Adding an extra layer of knowledge and inspiration, the guest speaker, Dr Ye Tao, the CEO/founder of MEER Foundation, delivered a thought-provoking presentation on the reduction of heat. His expertise and insights shed light on the importance of sustainable practices and offered valuable strategies for combating climate change.
As the evening progressed, the judges deliberated and made the difficult decision of selecting the two winners who would advance to the finals in September. These two outstanding pitches demonstrated exceptional potential and innovation. The winners, Mr. Victor Ikoh and Mr. Oswald Dundas of Dundas Tech Company will have the opportunity to compete for a seed capital of $5000 to further develop their ideas.
The Crazy/Wicked Ideas Pitch Night was an exhilarating event that showcased the power of imagination and innovation. The pitches, the invaluable feedback from the judges, and the enlightening guest speaker presentation all contributed to an evening that inspired and motivated all attendees. We eagerly anticipate the upcoming finals in September, where these two finalists will have the chance to join other pitchers to compete and turn their dreams into reality.
Innovation SL remains committed to nurturing creativity and supporting entrepreneurial endeavours, and we look forward to hosting more exciting events in the future.
Reported by Francess Beresford-Renner,