By
Godwill Arthur-Mensah,GNA
Accra, Aug.13, GNA –
Dr Ibrahim Mohammed Awal, the Minister of Business Development on Tuesday
announced that over 22,500 students in second cycle and tertiary education
institutions are benefitting from Student Entrepreneurship Initiative.
He said 7,500
students in the senior high schools and 15,000 at the tertiary level were
benefiting from the grooming programme.
Dr. Mohammed Awal
announced this when he took his turn at the Meet-the-Press series in Accra.
He said exposing senior
high school students to business concepts and plans at an early age would help
to build their entrepreneurship culture.
He said the
initiative has the tendency for students to think entrepreneurial and begin to
develop projects and services while in school.
The programme, he
said, would boost the entrepreneurship ecosystem and deepen their various
entrepreneurial capacity.
“Under the
Presidential Pitch 1, over 200 Jobs have been created with funding provided to
Young Entrepreneurs between 18 and 35 years with brilliant business ideas.
“Twenty young
entrepreneurs were assisted last year with funding, ranging from GH¢25,000.00
to GH¢50,000.00,” he said.
Under the
Presidential Pitch Two, the Minister said, more than 800 applications were
received, of which 20 were selected.
He said 10
applicants made it to the final with funding between GH¢25,000.00 to GH¢60,000.00.
The Minister said
President Akufo-Addo made a personal donation of GH¢40,000.00 to the Overall
Winner.
GNA
