Youth Empowerment and Entrepreneurship Development through Insect-based Fish Farming in Ghana
To establish a Centre – a nonprofit organisation that will train and assist the youth to acquire entrepreneurial skills
I confirm that I am fully aware of the eligibility criteria, and based on its description, I am eligible to apply to the CSV Prize 2017.
Centre for Environment and Food Security, Ghana (CEFOS)
Established (the solution has passed the previous stages and demonstrated success)
Annual budget in 2017 (USD)
Number of beneficiaries impacted so far
Nonprofit, NGO, or citizen sector
Secondary Focus Area
Headquarters location: Country
Headquarters location: City
The Organisation is planned to be established in Somanya in the Eastern Region of Ghana.
Location(s) of impact
Accra. The Project at the Pilot Phase trained 1 BSc, 4 MSc's, and 2 PhD students in the University of Ghana , Accra.
Not yet available since the Centre is yet to be established.
Problem: What problem is this initiative trying to address?
Youth unemployment, lack of entrepreneurship, Job opportunities, financial services , and stable work; large fish deficit gap, and high cost of fish feed.
Solution Summary: What is the proposed solution? What do you see as its most promising aspects for creating shared value?
To establish a Centre for Environment and Food Security, Ghana (CEFOS) – a nonprofit organisation that will train and assist many young Ghanaians to acquire entrepreneurial skills and create enterprises that will contribute to achieving food security, improving nutrition and the wellbeing of the vulnerable in rural communities of Ghana. To sustain the Centre activities, an ecological farming (EcoFARM) aquaculture facility consisting of a fish feed formulation, fish farm, storage and processing units will first be established and run by a commercial enterprise to generate income and also to serve as a training unit.
Impact: What is the impact of the work to date? Specify both the social and the environmental impact of your work
The Project if established has the potential to reduce poverty, enhance food security, improve nutrition, and health of many Ghanaian. It will also Improve environmental sanitation and give entrepreneurship or employment to the vulnerable and the economically disadvantaged young people
Financial sustainability plan: How is this initiative financially supported? How will you ensure its financial sustainability long-term?
After receiving the seed money from Nestle to set up the Centre. The Centre will set up ecological farms which will consist of aquaculture and organic farms as a profit liability enterprises. The facility would be rented to private person(s) to manage whilst our workers provide technical services at an agreed fee. Thus, rental and service cost will always be paid to the Centre. The profit made from ecological farming will then be used to support CEFOS activities.
Unique value proposition: What makes your initiative innovative? How does your project differ from other organizations working in the same field?
The proposed project will give free short-term (6 months) intensive practical training and entrepreneurship skills to school drop-outs and tertiary unemployed graduates in the field of sustainable agriculture, aquaculture and food processing and packaging . Successful trained candidates would be supported to create and set up their own businesses. This makes the initiative unique and different from other NGO activities in Ghana.
Founding story: Share a story about the "Aha!" moment that sparked the beginning of this initiative.
This idea came as a results of high level of poverty causing many young boys and girls to drop out of school and engage in activities like arm robbery, prostitution, drug abuse and cymbal crime; to the extent that they are increasingly posing threats to society, especially in the proposed project area.
Where did you hear about the Nestlé Creating Shared Value Prize?