• Advertise with Us
  • About Us
Saturday, July 5, 2025
  • Login
  • Home
  • Politics
  • Business
  • General News
  • Entertainment
  • Sports
  • Tech
  • Africa
  • World
  • Health
No Result
View All Result
  • Home
  • Politics
  • Business
  • General News
  • Entertainment
  • Sports
  • Tech
  • Africa
  • World
  • Health
No Result
View All Result
No Result
View All Result
Home General News

Ghanaian Youth Heave Sigh of Relief As NEIP, World Bank sign Hub Acceleration Grant Programme.

EFO MAWUGBE by EFO MAWUGBE
June 12, 2023
in General News
0
Ghanaian Youth Heave Sigh of Relief As NEIP, World Bank sign Hub Acceleration Grant Programme.
0
SHARES
12
VIEWS
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

The National Entrepreneurship and Innovation Programme (NEIP), and World Bank have signed the Hub Acceleration Grant Programme (HAGP) which is under Ghana Economic Transformation Project(GETP)

The signing ceremony forms part of President Akufo-Addo’s vision to enhance the capacity of the entrepreneurship ecosystem through GETP.

READ ALSO

Sam George Vows to Secure Reduction in DSTV Subscriptions

Court Sentences Agradaa to 15 years Imprisonment Over Charlatanic Advertisement

Speaking at the ceremony held on Wednesday (June 8, 2023), the Chief Executive Officer (CEO) of NEIP, Mr. Kofi Ofosu Nkansah explained that, the Hubs Grant sub-component under Component 3 is a Grant Programme targeted to support the development of the entrepreneurship ecosystem by, building the capacities of entrepreneurship hubs to bring the quality of their services up to international standard.

CEO of NEIP, Kofi Ofosu Nkansah speaking to the media

“The Grant Programme was competitively designed to select a number of hubs which will be provided Technical assistance and capacity building to address gaps identify during the benchmarking exercise”.

Mr. Ofosu Nkansah disclosed that the Programme focuses on Hubs operating in sectors including Agriculture, technology & innovation, Light manufacturing & processing, waste & green businesses, and Technical and vocational oriented Hubs.

He therefore, encouraged the active participation of women, Youth and persons with disability in the Grant Programme.

Mr. Kofi Nkansah later revealed that, as part of the monitoring and evaluation, the NEIP shall request for quarterly and annual reports, all in a bid to grow the ecosystem to world standards, on the way to producing Ghana’s first Unicorns.

He said, Phase 2 of the Hubs Acceleration Grant Programme is to cover set up and operationalization of new Hubs, including revitalizing Hubs which are not more than 2 years old.

The World Bank Private Sector Specialist, Madam Fara Dib, congratulated beneficiaries saying, the World Bank would continue to partner with the government in future projects.

The qualification criteria for applicants were that, Hubs must be legally registered in Ghana; Ownership must be 100% Ghanian; They must have operated as an Entreprise Support Organization in Ghana for at least three (3) years; They should have Core expertise in Entrepreneurship Support and business acceleration; They must able to present a qualified and competent team of Business Development Experts, Mentors, Trainers.

The rest are that, they must be able to demonstrate standard business practices such as good corporate governance, bookkeeping and accounting etc; They must be ready to contribute in-kind resources such as staff time and physical locations to the program; They must have adequate space to host the intended programs for start-ups; They must show Traction of Precious Work Experience with detailed Profile; They must submit a two-year financial report and lastly, must submit a one-year Acceleration Programme accept design for start-ups.

The GETP has four (4) components of which NEIP’s programmes fall under Component 3 of the project.

The component 3 supports entrepreneurship and SME growth in non-resource-based sectors aimed at addressing the limited development of the SME and entrepreneurship support ecosystem, including early -stage financing to promote and strengthen a growth model that is conducive to economic transformation, to achieve higher rates of investment and productivity growth across the economy, especially in non-resource-based sectors.

Among the beneficiaries that received the Grant include those from Bono and Ahafo ($180,000.00), Upper East ($150,000.00), Eastern ($100,000.00) and Ashanti (100,000.00).

Source:www.senaradioonline.com

Tags: NEIP

Related Posts

Sam George Vows to Secure Reduction in DSTV Subscriptions
General News

Sam George Vows to Secure Reduction in DSTV Subscriptions

July 3, 2025
Court Sentences Agradaa to 15 years Imprisonment Over Charlatanic Advertisement
General News

Court Sentences Agradaa to 15 years Imprisonment Over Charlatanic Advertisement

July 3, 2025
Education Minister Inaugurates NaSIA and NaCCA Governing Boards
General News

Education Minister Inaugurates NaSIA and NaCCA Governing Boards

July 3, 2025
Incorporate Foundational Learning, National Culture and Values into the Curriculum-Education Minister to NaCCA
General News

Incorporate Foundational Learning, National Culture and Values into the Curriculum-Education Minister to NaCCA

July 3, 2025
“Hours we spend sleeping are monies gone”– Osei Akoto expresses confidence in 24-Hour Economy
General News

“Hours we spend sleeping are monies gone”– Osei Akoto expresses confidence in 24-Hour Economy

July 3, 2025
Why Artisanal Fishers Are Exempted from the 2025 Closed Season: Minister Explains in Parliament
General News

Why Artisanal Fishers Are Exempted from the 2025 Closed Season: Minister Explains in Parliament

July 2, 2025
Next Post
Tears Flow  As Joy News’ Modestus Zame is Laid to Rest

Tears Flow As Joy News’ Modestus Zame is Laid to Rest

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

EDITOR'S PICK

  • All
  • Politics
Police Finally Arrest Inspector “Tycoon” who Killed Girl Friend

Police Finally Arrest Inspector “Tycoon” who Killed Girl Friend

April 23, 2023
Prosecute Thugs Who Invaded UTV-PRINPAG to Police

Prosecute Thugs Who Invaded UTV-PRINPAG to Police

October 8, 2023
Breaking:Boakye Agyarko Steps Down For Addai-Nimo

Breaking:Boakye Agyarko Steps Down For Addai-Nimo

August 28, 2023
Pull Brakes on New Controversial CI Proposal – Minority To Jean Mensa

Pull Brakes on New Controversial CI Proposal – Minority To Jean Mensa

March 1, 2023

About SenaRadio Online

SenaRadio Online is a Private News Portal based in capital of Ghana, Accra established in the year 2019.

SenaRadioonline.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Follow us

Categories

  • Africa
  • Business
  • Entertainment
  • General News
  • Health
  • Opinion
  • Politics
  • Sports
  • Tech
  • Uncategorized
  • World

Recent Posts

  • President Mahama Appoints Last Batch of Deputy Ministers
  • Sam George Vows to Secure Reduction in DSTV Subscriptions
  • Court Sentences Agradaa to 15 years Imprisonment Over Charlatanic Advertisement
  • Education Minister Inaugurates NaSIA and NaCCA Governing Boards

Gallery

© 2023 Sena Radio Online -All Rights Reserved Site Powered by CodeArthur

  • Contact Us
  • Advertise with Us
No Result
View All Result
  • Home
  • Politics
  • Business
  • General News
  • Entertainment
  • Sports
  • Tech
  • Africa
  • World
  • Health

© 2023 Sena Radio Online -All Rights Reserved Site Powered by CodeArthur

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In