Vermo Company Wins 2018 National Company Of The Year Competition

By Emmanuel Ajarfor Abugri
General News Vermo Company Wins 2018 National Company Of The Year Competition
OCT 16, 2018 LISTEN

The Vermo Company Limited from the Alpha Beta Christian College has been adjudged winner of the maiden edition of the National Company of the Year Competition organized by Junior Achievement (JA) Ghana in the Accra Metropolis.

Vermo specializes in providing a Virtual Reality experience for young people to deconstruct and simplify complex and abstract concepts that they learn in school through videos, video games and other mobile applications.

Vermo will represent Ghana at the JA Africa Regional Company of the year competition in December, 2018 where they will compete against other young people from 13 African countries where JA operates.

Mogul Industries also from Alpa Beta Christian College and JACO from Accra Academy won the second and third place respectively.

Ernskoff Africa from Accra Academy, took home the Social Impact Award. The company embarked on a waste segregation exercise on the school’s campus to contribute to keeping the schools environment clean.

The Ghana Company of the Year Competition is the premier pitch competition for Senior High School entrepreneurs.

The competition brought together students from three high schools in Accra: Labone Senior High School, Accra Academy and Alpha Beta Christian College, who HAVE completed the JA Company Program.

The students pitched their companies to a panel of judges and answered questions posed by the judges. Their financials and annual reports were also reviewed by the judges.

The Executive Director of Junior Achievement Ghana, Mr. Odjobi Kwakye said the world of work is changing fast and that the future of work is artificial intelligence, robotics, ICT, sciences, mathematics and engineering.

He encouraged the youth particularly girls to develop interest and passion for careers in those fields.

The General Manager of Vermo, Nii Nortey Morton noted that the excitement of winning the Company of the Year Competition was unparalleled.

He indicated that the values that they have clung to – dedication, perseverance and hard work – is what has led them to victory, adding, “We appreciate the support of our coaches and our school.”

About National Company of the Year Competition

The Company Program teaches young people how to be entrepreneurs by giving them the opportunity to start and run a business during the course of the academic year.

Finalists from participating schools compete to demonstrate their business acumen, creativity and entrepreneurial thinking as they present the ideas, products and companies they have created. They are evaluated by an esteemed panel of judges.

The next phase (2018/2019) of the JA Company Program was also lunched at the end of the competition; it will be financed by Delta Airlines.

Emmanuel Ajarfor Abugri
Emmanuel Ajarfor Abugri


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