Accra, June 20, GNA – Mr Kobina Tahir Hammond, the Minister of Trade and Industry has inaugurated a seven-member Grant committee for the Ghana Enterprises Agency (GEA).
The inauguration aligns with the World Bank-funded Ghana Economic Transformation Project (GETP) Implementation Manual.
The committee will approve or reject grant requests from MSMEs applying for various grants and technical assistance under the project.
Speaking at the swearing-in ceremony, the Minister tasked the Grant Committee to undertake their duties dispassionately, fairly and with an open mind.
The GEA is a Technical Implementing Agencies (TIA) of the GETP, which is one of the government’s initiatives to promote private investments and firm growth in non-resource-based sectors.
GEA is implementing Sub-component 3.2 of the GETP and is responsible for the implementation of the Project’s flagship programme, the SME High Growth Programme, and other Technical Assistance and grant programmes.
The Grant Committee will also have oversight over other Technical Assistance (TA) and Grant programmes.
These include the SME High Growth Programme to support productivity and competitiveness; the Youth in MSME Programme – targeting MSMEs owned by young people between 18 and 35 years.
Other programmes include the Women MSME Programme, exclusively for female-owned enterprises ranging from Micro to Medium sized firms and the Persons With Disability (PWD) Enterprise Support Programme.
GNA