The Director of Research and Innovation at the National Entrepreneurship and Innovation Programme (NEIP), Caspar Sunday Kampoli, has disclosed that 541 youth-owned businesses in the Upper East Region are currently benefiting from the government’s Adwumawura Programme.
Speaking on A1 Radio, Mr. Kampoli explained that NEIP—operational since 2014—continues to play a pivotal role in supporting entrepreneurship and fostering innovation within Ghana’s economy. He noted that NEIP is leading the implementation of the government’s flagship Adwumawura Programme, a nationwide capacity-building and funding initiative aimed at equipping at least 10,000 youth-owned businesses annually.
This year, more than 120,000 young entrepreneurs applied, with 10,000 selected for full training. The Upper East Region is among the major beneficiaries. According to Mr. Kampoli, the 541 entrepreneurs currently undergoing training are spread across multiple centres in Garu, Pusiga, Tempane, Binduri, Zebilla, Nabdam, Bolgatanga, Bongo, Navrongo, and Sandema.
Participants will also have the chance to pitch their business ideas for grant support. Of the 10,000 participants nationwide, about 2,000 are expected to receive financial assistance to scale up their ventures. However, Mr. Kampoli noted that those who do not secure grants will still benefit from additional intervention components tailored to strengthen their enterprises.
He added that NEIP expects each supported business to create at least two new jobs, reinforcing the programme’s goal of reducing unemployment and stimulating economic growth through youth-driven entrepreneurship.
Source: a1radioonline.com|101.1Mhz|Gifty Eyram Kudiabor|Bolgatanga
