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Hollard Ghana Awards GHC40,000 to Vette Multiple Test Kits in Streetwise Finance Challenge

Hollard Ghana, through its subsidiaries Hollard Insurance and Hollard Life, awarded GHC40,000 in seed funding to Vette Multiple Test Kits, the winner of the Hollard Streetwise Finance Entrepreneurship Business Challenge, held on July 4, 2025, at the University of Ghana, Legon.

The grant-based competition featured 10 student entrepreneurs from the University of Ghana Business School (UGBS) and the University of Cape Coast (UCC), who pitched their innovative business ideas to a panel of judges, including Priscilla Yaa Birago (CEO & Founder of Soko Bags), Wahab Adams (Group Head of IT, Hollard Ghana), and Fredrick Lamptey (General Manager, Business Development, Hollard Insurance).

Vette Multiple Test Kits, a women’s healthcare diagnostics company offering easy-to-use self-testing solutions for five common vaginal infections, including bacterial vaginosis, yeast infections, and trichomoniasis, emerged as the winner, securing GHC40,000. Toudeka Palm Oil Ent, an FDA-approved palm oil brand, and Kriblink, a solution for student accommodation issues, took second and third places, receiving GHC20,000 and GHC10,000, respectively. In a gesture of inclusivity, Hollard Ghana also awarded cash prizes to five visually impaired students from both universities for their participation.

Cynthia Ofori-Dwumfuo, Group Head of Marketing, Corporate Affairs, and Customer Experience at Hollard Ghana, emphasized the initiative’s impact: “Looking back at the many impact stories since the inception of the Hollard X Academia initiative three years ago, it has been a rewarding journey. We have supported society by partnering with schools to grow young entrepreneurs, bridging the gap between education and the world of work. Through the Streetwise Finance initiative, we aim to equip the next generation with financial literacy and the tools to build sustainable livelihoods. Winners will receive mentorship and access to Hollard’s business network to support their ventures.”

Prof. George Acheampong, Director of the UGBS Innovation and Incubation Hub, added: “This collaboration with Hollard Ghana empowers our students to apply their entrepreneurial knowledge in meaningful ways and validates their potential to become changemakers. We look forward to deepening this partnership.”

Christiana Asamoah, Founder of Vette Multiple Test Kits, expressed gratitude: “Winning this challenge is a dream come true. The funding will help us scale our production and reach more customers. We’re grateful to Hollard Ghana for believing in our vision.”

The Hollard Streetwise Finance Business Challenge is part of the Hollard X Academia initiative, a corporate social investment program in partnership with UGBS, UCC, the University of Energy and Natural Resources (UENR), and the University of Media, Arts and Communication – Institute of Journalism (UniMAC-IJ). The initiative provides resource sharing, mentorship, and entrepreneurial training to shape future business leaders.

Other notable participants included Jesparks Foods, Mawie Foods, Stalwarts Business Hub, Farmligo, Cash Aid, Abijah Cosmetics, and Abe Farm.

About Hollard Ghana

Hollard Ghana, the country’s leading insurance group with subsidiaries Hollard Insurance and Hollard Life Assurance, combines 25 years of local market experience (formerly as Metropolitan Insurance) with the expertise of an international brand operating in 18 countries. Headquartered in South Africa, Hollard offers tailored life and general insurance products, including funeral, personal accident, motor, business, travel, and home insurance. Reach them toll-free at 0800 999 444, at nationwide branches, Hollard 2U franchise shops, Shell Fuel Station Welcome Shops, Melcom stores, or online at www.hollard.com.gh and www.melcom.com/hollard-insurance.

Source: African Publicity

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