The National Entrepreneurship and Innovation Programme (NEIP) has launched the Adwumawura Programme, a comprehensive initiative designed to support youth entrepreneurship and foster an innovation-driven, resilient economy in Ghana.
The programme aims to create a resilient entrepreneurial ecosystem that nurtures innovation, facilitates access to funding, provides mentorship, and ensures market integration.
Speaking at the launch of the programme yesterday,Mr Eric Adjei, CEO of NEIP made it clear that the programme provides comprehensive entrepreneurship training for beneficiaries, covering topics such as business planning, financial literacy, marketing and branding, digital skills, operational management, and sustainable business practices.
According to him,the programme facilitates access to funding for beneficiaries, enabling them to scale their businesses and create jobs.
The programme provides mentorship and incubation support to beneficiaries, helping them to develop their business ideas and overcome challenges.
The programme ensures market integration for beneficiaries, enabling them to access new markets and increase their revenue.
He revealed that,the selection of beneficiaries for the programme was conducted through a rigorous, transparent process overseen by a Selection Committee drawn from various stakeholders.
The criteria for selecting beneficiaries included job creation potential, social impact, innovation, scalability, sustainability, proposal quality, and environmental, social, and governance (ESG) standards.
Impact and Potential.
The Adwumawura Programme has the potential to make a significant impact on Ghana’s economy by:
Creating Jobs: The programme aims to support entrepreneurs in creating jobs and stimulating economic growth.
– Driving Economic Growth: The programme’s focus on innovation and entrepreneurship can help drive economic growth and reduce poverty.
– Building Self-Reliance:The programme’s emphasis on sustainable business practices and ESG compliance can help build self-reliance among beneficiaries and contribute to a more resilient economy.
The NEIP has partnered with various stakeholders, including government agencies, financial institutions, development partners, and ecosystem actors, to deliver the programme. The programme’s success hinges on the active engagement of these partners, who will provide technical content, mentoring, and support to beneficiaries.
The Adwumawura Programme is a significant initiative that can help foster youth entrepreneurship and economic resilience in Ghana.
With its comprehensive training, access to funding, mentorship, and market integration, the programme has the potential to make a meaningful impact on the country’s economy.
The NEIP’s partnerships with various stakeholders will be critical to the programme’s success, and it is expected that the programme will contribute to the President’s vision for a thriving, inclusive, and resilient Ghanaian economy.
