By Dennis Peprah, GNA
Sunyani, (Bono), Sept. 2, GNA – Innohub Foundation, an enterprise support organisation with funding from MTN Ghana, has announced the disbursement of GHC20 million grant to bolster operations of 150 Micro, Small and Medium Enterprises (MSMEs) in three regions in 2026.
The beneficiaries would be selected from the Bono, Bono East and Ahafo Regions and receive funding support ranging between GHC10,000 and GHC20,000 each through business pitch.
“This year, we intend to support between 100 and 150 MSMEs in the regions, depending on their funding needs”, Miss Juliet Dzasi, the Programme Lead, Innohub Foundation told the Ghana News Agency (GNA) in an interview.
She explained that the programme targeted youth-led, women-led and People with Disabilities (PwDs)-led MSMEs.
She added that support sought to grow and expand the operations of the MSMEs and thereby positioned them well to create more job opportunities for others as well.
Ms Dzasi spoke to the GNA during a pitch event, organised in Sunyani for the selection of the beneficiaries for the Bono Region, saying that similar events would be held at Techiman and Goaso for Bono East and Ahafo Regions, respectively.
She noted that across the globe, entrepreneurship development was increasingly recognised as a key driver of innovation, job creation, and broader socio-economic progress.
Ms Dzasi noted that, yet many entrepreneurs continued to face significant obstacles that hindered growth and long-term sustainability.
Notable among these barriers are limited access to tailored business development support and inadequate financing opportunities, she stated.
She noted that in response to those gaps and to help stimulate meaningful economic transformation, MTN Ghana, in collaboration with the Innohub Foundation, rolled out the MTN Foundation Economic Empowerment Programme.
Ms Dzasi indicated that the initiative formed part of MTN Ghana’s 25th Anniversary legacy projects and designed to unlock new growth pathways for young entrepreneurs.
“Over a five-year period, the programme seeks to support at least 500 MSMEs across the country with tailored business development services and access to funding of up to GHS 20,000 per enterprise”, she stated.
Ms Dzasi added that the programme had so far supported 454 businesses across nine regions, with GHC5 million disbursed in funding.
She expressed concern about barriers facing the growth of MSMEs, like limited access to tailored business development support and inadequate financing.
In response to these gaps and to help stimulate meaningful economic transformation, MTN Ghana, in collaboration with the Innohub Foundation, rolled out the MTN Foundation Economic Empowerment Programme.
Ms Dzasi explained that the initiative formed part of the MTN Ghana’s 25th Anniversary legacy projects and was designed to unlock new growth pathways for young entrepreneurs.
Besides the financial support, she said the programme offered selected beneficiaries with training and business development skills to help them use their market linkages.
Ms Dzasi added that with support from the MTN Ghana, the programme also registered the businesses onto the ‘merchant account’ to enable them to separate their business account from their personal account.
GNA
Edited by Linda Asante Agyei
Reporter: Dennis Peprah
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