Jephthah Acheampong
Youth in Entrepreneurship

EDUCATION: Economics | New York University

I am an advocate of social entrepreneurship and a strong believer of equal economic opportunity for different groups of people. Growing up in a developing country and now a working class in New York, I am very sensitive about the needs of others and the need to equip others with the resources to rise out of their precarious financial situations.

Given the proper mentorship, I came to understand my capability of contributing to the amelioration of the challenges that hinders the economic growth of my homeland. Working towards the aforementioned goal, Anansi Global was launched as a charity in 2014, donating inspirational bracelets to underprivileged youth worldwide. Such experience inspired me to uncover and expand my inner potential. To that end, in 2015, a diaspora youth initiative, Anansi Empowerment Initiative (AEI), was launched in Ghana. The purpose of AEI was to teach youth entrepreneurship skills and the importance of understanding the benefits associated with developing and sustaining a positive mindset. My team and I successfully fundraised over $10,000, which equipped us with the resources to mentor over thirty-five underprivileged youth and organize trips to facilities such as the Parliament of Ghana and The Ministries of Education of Ghana.  

Though my experience in Ghana proved invaluable, my conversations with mentors helped me realize that short-term mentoring could prove to be more dangerous than no mentoring at all. Thus, I now aim to provide a long-term learning through my new initiative, Blossom Academy.
Blossom Academy is a business skills accelerator that works with employers to equip college graduates in Ghana with the skillset and resources necessary to secure employment in various professional fields such as operations management, marketing, and finance. While in Ghana, I observed that colleges were failing to prepare my personal friends for the job market, rather for scholarly development. To compensate for the lack of prevalent skills amongst the youthful demographic, foreign investors outsourced labor and relocated their business professionals to Ghana.

Over the past year, my team and I have conducted extensive analyses in order to create a culturally relevant platform accessible to a number of individuals. Through our research, we have also found that potential for our service is particularly bountiful in Ghana, which is projected to have a growth rate at 44.5%. These experiences, coupled with the expertise developed from my undergraduate study of Economics and Business Management at New York University, has equipped me with the knowledge and resources to serve on a deeper level.

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