Ninety businesses in Greater Accra today received some equipment ranging from digital and farming equipment to industrial sewing equipment, to help grow their businesses
This comes after successful participation in a business idea competition.
It is an initiative of the German Development Cooperation, implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Ghana through its Migration and Employment Promotion (MEP) component of the Programme for Sustainable Economic Development.
The Business Idea Competition is aimed at providing and promoting alternatives to irregular migration through fostering entrepreneurship, technical and vocational training, and Employment Promotion.
Winners of the competition initially went through various selection
processes after which 110 finalists participated in a pitching process, and a final 90 businesses were selected.
It is anticipated that such support will enhance employment generation and reduce migration amongst Ghana’s youth.
The GIZ-implemented Migration and Employment Promotion project supports local businesses in various operational regions including Ashanti, Bono, Bono East, Ahafo, Eastern, and Western Regions.