The Chief Executive Officer of the National Entrepreneurship and Innovation Programme (NEIP), Mr. Eric Adjei, joined a high-level government delegation to Columbus, Ohio, USA, to cultivate strategic partnerships and attract investment for Ghana’s burgeoning entrepreneurial ecosystem.
He was joined by the NEIP’s Director for Business Support and Development, Mr. Vincent Ohene-Ntow.
The visit aimed to secure vital support for homegrown Ghanaian innovations, particularly those addressing critical developmental challenges within the nation, to foster the sustainable growth of Ghanaian businesses, and empower young entrepreneurs through collaborative pathways.
Discussions during the visit cantered on several key areas: Innovation Hub Development: Establishing and strengthening innovation hubs to drive start-up incubation and growth. Modernised Agriculture: Supporting agricultural initiatives specifically tailored to encourage youth participation. Exchange Programmes: Facilitating exchange programmes between Ghana and the United States to foster knowledge transfer and collaboration. Access to Funding: Improving access to crucial funding for emerging businesses.
The delegation highlighted the commitment of President John Mahama in advancing entrepreneurship through “The Adwumawura Programme.” The NEIP team underscored the critical role of international collaboration in realising this vision. They extended an invitation to development partners, private investors, and institutions to join hands in building a resilient entrepreneurial ecosystem for Ghanaian youth.
“The Adwumawura Programme” aims to create 10,000 youth-led businesses annually, reflecting a bold national agenda to unleash the potential of young Ghanaian innovators and entrepreneurs. The programme is a fulfillment of the NDC campaign promise to prioritise youth empowerment and job creation.
The Adwumawura Programme aims to create, track, and monitor young businesses annually, with a special focus on the youth. In its first phase, the top 2,000 implementable business proposals will receive comprehensive support, including Business Development Training, Mentorship, Access to Start-up Capital, and Marketing and Networking. The Programme is expected to have a significant impact on Ghana’s economy, as it will help to create jobs, stimulate innovation, and promote entrepreneurship among young people.
By supporting young businesses and entrepreneurs, the Adwumawura Programme will contribute to the country’s economic growth and development. The NEIP, which is expected to implement the “Adwumawura Programme” is a comprehensive initiative by the Ghanaian government designed to foster entrepreneurship and spur economic growth by supporting startups and small businesses.
