The Director of Communucation at the National Entrepreneurship and Innovation prgramme-NEIP has revealed the previous NDC government after announcing 10 million seed capital for Entrepreneurs could only fund 66 among millions in the country.
According to Joseph Osei Oppong Brenya, the NDC government announced a seed capital of 10 million Ghana Cedis for entrepreneurs but ended up funding only 66 entrepreneurs in the country.
“The NDC have repackage their lies to deceive Ghanaians again, that is what they are good at. They say something and do a different thing, they have no credibility. The Nana Addo government through the Minister of Business Development, Dr. Mohammed Awal and the CEO of NEIP, John Kumah have changed the entrepreneurial ecosystem few years of coming into office”
He said now entrepreneurs can access funding and business advisory services to improve their businesses.
“NEIP through private business incubation hubs have provided the light and have whipped up the entrepreneurial mindset in the people, before nobody was talking about entrepreneurship.
“Our ministry has introduced entrepreneurship studies in Basic, SHS and tertiary institutions through Students Entrepreneurship Innitiative-SEI across the country.
Now before you finish school you have an idea on how ro establish your own business instead of walking around with application letter searching for unavailable jobs”
He said when it comes to SMEs, the NPP government has a good track record of supporting SMEs and also creates enabling environment for SMEs to thrive.
He said the government through NEIP has trained 45,000+ and funded over 9,350 of them under NEIP alone. This year 26000 SMEs have been trained and 5000 will be funded.
“We have had situations where people after going through our training will tell us they don’t need funding, they thought their problems with their business were money issue, but after going through extensive training they have realised they are doing it wrong. These are the impact we are making”
” We have created 92,000 jobs through this support for SME’s. This is from NEIP, i have not even spoken about the support and jobs YEA, NBSSI, NYA, NABCO and other agencies have created since Nana Addo took office.
“The NDC in 8yrs was able fund 66 under YES programme, this is according to their handing over notes” Mr. Brenya revealed.