“NEIP will accelerate job creation and provide entrepreneurial Ghanaian youth with a critical alternative to salaried employment.”
Nana Addo Dankwa Akufo-Addo, President of the Republic of Ghana
The National Entrepreneurship and Innovation Plan (NEIP) exist to enable new businesses to emerge and give them the space to grow, to receive financing and business development services, to secure orders during the critical formative years, and to tap into a wide supply chain and network for their growth years, helping to create jobs at a widely distributed national level.
NEIP is set within the context of Ghana’s long-term strategic vision of consolidating it middle-income status, building an industry-driven economy capable of providing decent jobs that are suitable and sustainable for development.For NEIP to achieve it set objectives, NEIP will run on four (4) Key Implementation modules.
Provision of Subsidized Workspace for Young Entrepreneurs which will be resourced with business development facilities, meeting rooms, conference rooms, shared office space and other related service.
National Early-stage Business Competition through which candidates will be selected for admission into the Incubator Hubs and receive funding on set criteria.
Setting up of Industrial Sub-contracting Exchange to link large industries in the supply chain process. These small Businesses and Start-ups will become the supply chain for goods and service to feed the large industries.
This fund would be a privately managed fund but under the supervision and management of NEIP and the Ministry for Business Development. The capital under this fund would be raised through Government support, grants from International agencies and from the Private sector.
One thousand, three hundred and fifty (1,350) businesses, from all ten regions of the country, are the first beneficiaries of the Presidential Business Support Programme, an initiative of the Akufo-Addo Government. Each of the 1,350 beneficiaries are to receive, from the Ministry of Business Development, continuous training and capacity building, mentorship and business advisory services,…
DetailsOn Wednesday, 13th June 2018, I had the privilege to attend the launch of the 19th factory under the 1 District- 1 factory( 1D1F) initiative. The 19th factory is a Soya Milk Processing Factory using local produce like Soya beans, Groundnut and Cassava to process a highly nutritious milk called Lan T Soy Milk. It…
DetailsCEO John Kumah invited as the guest speaker at the “Ghana Party in the Park” in London England
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