{"id":414224,"date":"2017-09-04T05:25:59","date_gmt":"2017-09-04T05:25:59","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/09\/04\/nbssi-kick-start-programme-to-promote-private-sector-development\/"},"modified":"2017-09-04T05:25:59","modified_gmt":"2017-09-04T05:25:59","slug":"nbssi-kick-start-programme-to-promote-private-sector-development","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/09\/04\/nbssi-kick-start-programme-to-promote-private-sector-development\/","title":{"rendered":"NBSSI kick-start programme to promote private sector development"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Monday,  4 September 2017<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Myjoyonline.com <\/p>\n<p>2017-09-04<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/09\/34569513.295.jpg\" alt=\"Manufacturing Industry Workers7\" title=\"Manufacturing Industry Workers7\" width=\"295\" height=\"176\" \/><span class=\"image_caption\"><span>About 900 businesses received training between March and June this year<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=149916385127052\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=149916385127052\">&#13;<br \/>\n\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/09\/1504502759_469_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript>\n\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">The National Board for Small Scale Industries (NBSSI) has launched an initiative to support private sector development and competitiveness.<\/p>\n<p>The programme, known as Ghana Institutional Support Project (GISP) seeks to create an enabling environment for inclusive economic growth.<\/p>\n<p>This will be done through more credible public financial management systems for micro, small and medium-scale enterprises.<\/p>\n<p>About 900 such businesses received training between March and June, this year, with the last the batch expected to end next January.<\/p>\n<p>Acting Executive Director of NBSSI, Kosi  Antwiwaa Yankey, says the project will strengthen resource capacity mobilisation institutions.<\/p>\n<p>\u201cThe goal is to train the public sector to deliver and grow the private sector. This will, in turn, enhance opportunities for accelerated growth, job creation and poverty reduction in the country,&#8221; he said.<\/p>\n<p>Officials are optimistic the three-component project will enhance opportunities for accelerated growth, aid coordination and integrity in the management of public resources.<\/p>\n<p>To ensure continuity of the program, Miss Antwiwaa Yankey reveals the Business Advisory Centres (BAC) found in all the districts across the country are supporting the NBSSI on the project.<\/p>\n<p>\u201cWe are just not training people and that\u2019s it but our Staff is also being trained to deliver the training. So communities that won\u2019t benefit directly from this will go to their Business Advisory Centre (BAC) who are supporting the NBSSI on the project\u201d.<\/p>\n<p>All the people who are trained will go into their communities to help with the training where they don\u2019t directly benefit.<\/p>\n<p>The whole idea is also to build the capacity of these enterprises on how and where to get funding.<\/p>\n<p>She revealed that through the GISP programme, the Ghana Alternative Exchange will develop.<\/p>\n<p>Project officials are hopeful the project will also provide training for businesses listed on the Ghana Alternative Exchange to enable them to get the required capital to do more.<\/p>\n<p>According, Miss Yankey, \u201cMoney is very important but if you don\u2019t have strong systems which these training exercises provide you cannot access funding to develop and create.\u201d<\/p>\n<p>Ashanti Regional manager for NBSSI, Bashir Manu, observes there has been an upsurge of interest in skill upgrading and efficient management for business growth and survival.<\/p>\n<p>His worry, however, is that a number of small scale enterprises in Ghana start businesses in a very small way, remain small and die small.<\/p>\n<p>\u201cThis is because owners of these enterprises do not update their knowledge and skills in their fields of endeavours\u201d<\/p>\n<p>But Mr, Manu believes so long as we continue to have new business springing up in a turbulent business environment, the continued existence and relevance of a well-resourced NBSSI will be desired.<\/p>\n<p>The GISP project is being funded by the African Development Bank through the Ministry of Finance.<\/p>\n<p><!-- uploaded by: 39 updated by: 39 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Monday, 4 September 2017 Source: Myjoyonline.com 2017-09-04 About 900 businesses received training between March and June this year &#13; The National Board for Small Scale Industries (NBSSI) has launched an initiative to support private sector development and competitiveness. The programme, known as Ghana Institutional Support Project (GISP) seeks to create an enabling [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":414225,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-414224","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NBSSI kick-start programme to promote private sector development - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/09\/04\/nbssi-kick-start-programme-to-promote-private-sector-development\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"NBSSI kick-start programme to promote private sector development - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Monday, 4 September 2017 Source: Myjoyonline.com 2017-09-04 About 900 businesses received training between March and June this year &#013; The National Board for Small Scale Industries (NBSSI) has launched an initiative to support private sector development and competitiveness. 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