MTN Ghana has provided support to 50 young entrepreneurs in the Central Region to launch their small and medium-sized enterprises.
The MTN Ghana Foundation, in collaboration with Innohub, launched the program to provide financial assistance to businesses led by women, youths, and people with disabilities in the nation.
These businesses include dressmakers, those involved in animal and crop farming, leaderwork operators, fishmongers, and agro-food producers, among others. s. The support program commenced last year with selected entrepreneurs from the Ashanti, Western, and Greater Accra Regions benefiting from a seed capital of GH¢1 million.
However, following how impactful the program has so far been to its previous beneficiaries, MTN Ghana Foundation has thought it wise and increased the program’s seed capital to GH¢2 million in its second edition this year. Out of 270 business owners from the Central, Eastern, and Volta Regions, the MTN Ghana Foundation selected 150 entrepreneurs to benefit from the aforementioned seed capital, with 50 entrepreneurs in the Central Region being the first to receive this year’s benefit.
Nelson Amo, the Executive Director for Innohub, outlined the selection criteria for the 50 entrepreneurs in the Central Region in a media interview.
Mrs. Adwoa Wiafe, the Chief Corporate Services and Sustainability Officer for MTN-Ghana outlined the motive behind MTN’s support to SMEs in the country and unveiled the telecommunication network’s willingness to monitor how beneficiaries of the support program efficiently use the money benefited to revamp their businesses.
Some entrepreneurs, whose small and medium-sized enterprises (SMEs) benefited from the support program, expressed gratitude to the MTN Ghana Foundation for assisting when they most needed it, and they pledged to utilize the generously provided funds to support their businesses.
Ghana | Atinkaonline.com | Agyei Kwaku Mensah
