The Ministry of Business Development (MOBD) and the Institute for the Creation and Development Enterprise (INCYDE) have reached an agreement seeking to provide training opportunities to 2000 young entrepreneurs and startups across the ten regions of Ghana. This programme is expected to start in March of 2019.The Ministry, with its partner from Spain, seeks to provide a platform that serves as a training ground for the youth, and the unemployed to boost their entrepreneurial skills and also contribute to their professional development. This programme is expected to sharpen their skills and knowledge to make them more competitive allowing them to meet the current demands in the job market. It is also an avenue that is expected to have an impact on their livelihoods and the economic development of the nation as a whole.
This is contained in an agreement that was signed between the Ministry of Business Development and the INCYDE Foundation in Accra on the 19th of September, 2018.
Speaking at the brief ceremony, the Ambassador of Spain to Ghana, Madam Del Pulga, said the context of the agreement is to support President Nana Addo Dankwa Akuffo Addo’s Government to succeed with his Ghana Beyond Aid agenda and to as well reinforce the cooperation between Ghana and Spain.
According to her, it is also aimed at transferring skills and expertise from Spain. Ghanaian trainers will also be trained to help young entrepreneurs who are poised in setting up their businesses. “This will have an effect in the long run and create more jobs and generate more wealth for the country”, Madam Del Pulga added. She reiterated that Spain will continue to support Ghana in all endeavors.
Dr. Ibrahim Mohammed Awal, the Minister for Business Development, thanked the Ambassador, her entourage and the Spanish Government for the laudable initiative and was hopeful for a long and enriching relationship between the Government of Ghana and the Spanish Government. He further stated that, the collaboration between the two parties will help strengthen the capacity and competency of young entrepreneurs in Ghana.
“The problem we have in Ghana is that, 75% of all businesses that are created do not go beyond 5 years and Ghana Beyond Aid agenda cannot be achieved with this challenge. This training we are hoping will not only give them the skills, the network and competency to go beyond 5 years but will also help provide jobs for our people”, he revealed.
Furthermore, Dr. Awal hinted that, Ghana as a nation can only compete in the international market if it has entrepreneurs whose products will not only meet local requirement but also international standards. Therefore, this agreement was timely.
He urged Ghanaians, especially the youth, to come up with businesses and that Government under President Akuffo Addo is ready to support them with financial aid. The Director General of Casa Africa Luis Padron, Deputy DirectorGeneralof INCYDE Foundation Jose Maria Parraga, General Manager of INCYDE Foundation, Francisco Javier Collado Cortes and a representative of University of Ghana Business School who is the partner of the Ministry of Business Development for programme all graced the occasion.