Check your SMS messages: Disbursement of NBSSI MasterCard has started
The MasterCard Foundation through the National Board for Small Scale Industries (NBSSI) has set-up NBSSI MasterCard Foundation Recovery and Resilience Program for MSMEs. The setup is to provide financial and business advisory support to MSMEs and start-ups weather the economic downturn caused by the COVID-19 pandemic. The programme focused on the following; 1. MSMEs who need support to survive the COVID-19 pandemic 2. Businesses in growth sectors where the employment of young people, especially young women,
NBSSI Loan Disbursement Update.
Proprietors of smaller scale organizations the nation over have started getting a lot of the exceptional reserve set up by the administration to pad miniaturized scale, little and medium ventures (MSMEs) from the effect of the coronavirus ailment (COVID-19). Recently, the National Board and Small Scale Industries (NBSSI) started the dispensing of GH?1 million to 1,000 candidates under the primary tranche of the GH¢1 billion Coronavirus Alleviation Program (CAP) business bolster plot. They incorporate food
Requirements and how to apply for Ghana Covid-19 fund for business and individuals
About CAPBuSS The Coronavirus Alleviation Programme (CAP) Business Support Scheme is a Government of Ghana initiative to support MSMEs in Ghana The Government of Ghana established the Coronavirus Alleviation Programme (CAP), as part of measures to effectively manage social and economic recovery in Ghana. An amount of GH¢1.2 Billion was allocated towards the implementation of the Programme. In a nationwide address on Sunday, 5th April 2020, the President, His Excellency Nana Addo Dankwa Akufo-Addo announced
Akuffo Addo says 2022 and 2023 will be the years of recovery and revitalization of economic growth
The Akuffo Addo and Bawumia government through the Ghana Presidency official twitter handle on today announced to the general public that, 2022 and 2023 will the years of recovery and revitalisation and faster economic growth They further stated that “The Ghana cares “obaatanpa programme” is a solid programme for the recovery and revitalization of the economy.
Government provides Relief funds for business startups after COVID-19
The COVID-19 pandemic has drastically slowed economic activities for Micro, Small and Medium Enterprises (MSMEs) in many ways including: Production and supply chain disruptions, shortages and delays Reduced consumer demand for products and services Reduced capital and investment flows Labor shortages due to social distancing regulations The NBSSI Mastercard Foundation Recovery and Resilience Program for MSMEs has been set up to provide financial and business advisory support to MSMEs and start-ups weather the
Nana Is Listening; Check Out What He Launched Today That Is Going To Support Businesses
In the president's quest to deliver and fix the country, his excellency president Nana Addo Dankwa Akufo Addo On Wednesday, 9th June 2021, launched the Ghana Enterprises Agency (GEA), the National Micro, Small and Medium-Scale Enterprises (MSMEs) and Entrepreneurship Policy.
Nana Addo lunches GHC1billion Covid-19 Programme To Support Some Selected Business
In order to support the growth of business in the Country, President Nana Akufo-Addo on Tuesday launched the ¢1 billion Coronavirus Alleviation Programme Business Support Scheme. This is to support is for some selected Banks, Micro, Small and Medium-Scale (MSMEs) businesses around the country. The program is intended to help boast the Micro, Small and Medium Scale (MSMEs) businesses in the country to bounce on their feet as they were hit hard by the covid 19 pandemic. Their effects has affected productivit
$300m support available to Ghanaian MSMEs trading with USA – U.S. Ambassador reveals
United States (U.S) represetative to Ghana, Stephanie Sullivan has uncovered that there is a $300 million advance office accessible to help miniature, little and medium endeavors (MSMEs) in Ghana. As per her, $10 million is the allotted sum per business. Talking at the kickoff of Domino's Pizza at East Legon, Madam Sullivan alluded to the diner as a seal of advancing Ghana-U.S. exchange and further expressed that the Africa Continental Free Trade region has expanded revenue in speculations. "I'm extremely
Classification of borrowers in Ghana
Borrowers in Ghana can generally be classified into those who are business related and the non-business related borrowers. Essentially, the business related borrowers includes micro, small, medium scale enterprises on one hand and large scale enterprises on the other hand. These are class of borrowers who primarily engage in business to make profit. The non-business related borrowers on the other hand refers to salary workers. BUSINESS RELATED BORROWERS Micro, Small and medium Scale Businesses Availab
Techiman Business Resource Center intensifies education for MSMEs to improve productivity.
Techiman Business Resource Center has intensified the advocacy of the patronage of the complex and its services to improve the economic growth of the region and the country at large. The move is to ensure that Rural Enterprises Programme maximizes, reaches enormous clients, and success rate for adoption and business growth.
More than 300,000 small businesses receive government incentive packages
More than 300,000 small, medium and medium enterprises (MSMEs) have used special funds set up by the government to protect businesses from the effects of COVID-19.
2022 Budget Must Provide Sustainable Stimulus Packages For MSMEs.
2022 Financial plan Should Give Feasible Upgrade Bundles To MSMEs The Ghana Office of Business and Industry (GCCI) has focused on the requirement for the 2022 financial plan to pull together on offering more upgrade bundles to give help to Miniature, Little and Medium Enteprises (MSMEs) to support monetary increases.
Akufo-Addo's GHS600M stimulus package promise for SMEs ready!
According to the National Board for Small Scale Industry (NBSSI), a stress test is being conducted on the application to see the veracity of the portal before disbursement begins. Speaking at the COVID-19 press briefing, Executive Director, Kosi Yankey Ayeh said “Currently we are stress testing the portal to ensure that the day when it is launched,it will not disappoint us if there's a lot of people. “We believe that in the few weeks, once the stress test is done, we will continue to engage with the
Support SMEs to grow - Akufo-Addo charges state businesses
President Nana Addo Dankwa Akufo-Addo has charged organisations in which the state has interest to involve indigenous micro, small and medium enterprises (MSMEs) in their direct supply chain activities. When practised continuously for the next five years, it would spur the growth of MSMEs, create more employment for young people and impact a lot of lives, he said.