The Minister of Trade and Industry, Kobina Tahir Hammond has revealed that over 3100 jobs have been created by 311 firms who benefited from the covid-19 response grant.
The overall aim of this program was to support Small and Medium Enterprises (SMEs) with a high potential of implementing productivity and competitiveness-enhancing initiatives to accelerate their growth.
He was speaking during the launch of the Women MSME Program and Youth in MSME Program by the Ghana Enterprises Agency
“About 3100 jobs have so far been sustained and about 311 firms also created and supported by the grant from the medium for which we have all gathered here. Not only are businesses able to make profits and keep their staff, but they are also able to expand and add on new staff,” he said.
“About 66 percent of the beneficiaries indicated in a survey that average values of their gross sales increased by approximately four percent,” he disclosed.
About Ghana Enterprises Agency
Ghana Enterprises Agency is the apex governmental body dedicated to the promotion and development of Micro, Small, and Medium Enterprises (MSMEs) in Ghana.
With the passage of Act 1043 by Parliament and assented to by the President, His Excellency, Nana Addo Dankwa Akufo-Addo in 2020, GEA is mandated to coordinate, implement and monitor the activities of the MSMEs Sector in Ghana.