Business News of Monday, 8 June 2020Source: www.ghanaweb.com5000 startups to benefit from GH¢ 50 million credit facility - NEIPplay videoJohn Ampontuah Kumah, CEO of the National Entrepreneurship and Innovation Programme (NEIP)The Chief Executive Officer of the National Entrepreneurship and Innovation Programme (NEIP) John Ampontuah Kumah says government has rolled out a GH¢50 million funding opportunity for 5000 startups in the country. This initiative forms part of the presidential business support program aimed at providing integrated national support for start-ups and small businesses. It starts tomorrow and ends on June 31.”“The objective of this is also to provide 5000 beneficiaries a funding opportunity of 50 million cedis,” he explained. He added that startups who qualify for funding will receive amounts ranging from GH¢5000 to GH¢50,000 cedis. NEIP primarily focuses on providing business development services; startup incubators and funding for young businesses to enable them to grow and become successful.

Source: GhanaWeb June 08, 2020 15:04 UTC