The government is working with its partner, the World Bank, to secure funding worth USD 150 million, while on its own, the government is committing GHS200 million to ensure that more young persons are supported in entrepreneurship.
“The Ghana Enterprises Agency (GEA) and the National Entrepreneurship and Innovation Programme (NEIP) have been brought together as a cohesive unit to co-lead the District Entrepreneurship component of the YouStart.”
Finance Minister Ken Ofori-Atta has announced in the 2024 Budget statement in Parliament, Wednesday, 15 November 2023, Mr. Ofori-Atta explained:
“October 2023, a total of 23,695 beneficiaries comprising 5,183 males and 18,512 females had completed the Basic Level training by the GEA under the YouStart Jobs and Skills project.
“Out of this number, 7,975 comprising 2,474 males and 5,501 females progressed and completed the Intermediate Level training, with 4,514 beneficiaries comprising 1,679 males and 2,835 females also progressing to the Advance Level.”
“GEA has commenced disbursement of grants to beneficiaries who have completed the Intermediate and Advanced Levels. Evaluation of the grant proposals is currently ongoing.”
Source: Kapital Online Team//2023
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