The business ideas being presented at the Presidential Pitch, he stressed, must exhibit four characteristics, i.e. they must be feasible, innovative, scalable and impactful. 

With some 2,000 applications received, 20 proposals were selected at the end of the process, with the 20 successful applicants given mentors and attached to various businesses, and with the others stationed at the Ministry of Business Development’s incubator hubs.
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