Tag: National Board for Small Scale Industries (NBSSI)
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NBSSI signs 1.5 million Euros grant agreement with GIZ to support SMEs
The National Board for Small Scale Industries (NBSSI) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH , have signed a Memorandum of Understanding of 1.5 million Euros to support Small and Medium-sized Enterprises (SMEs) in Ghana. The grant agreement, ‘COVID-19 SME Innovation and Digitalization Support Scheme,’ is expected to provide Ghanaian SMEs with digital…
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MSME sector to be formalized with conversion of NBSSI into an Agency
Parliament is expected to soon pass the Ghana Enterprises Agency Bill under a certificate of urgency. The Bill, when passed and assented to by the President, will convert the National Board for Scale for Small Industries into an agency to oversee, co-ordinate, promote and develop Micro, Small and Medium Enterprises. The Bill has already gone…
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NBSSI announces deadline for Nkosuo loan application
The National Board for Small Scale Industries has announced a deadline for the registration of the Nkosuo Loan. The loan facility, which was launched in September with an initial commitment of GHS 90 million from the MasterCard Foundation, will provide financial assistance in the form of grants and soft loans through banks, fintechs, mobile lenders,…
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NBSSI reiterates commitment to fairly disburse COVID-19 stimulus funds
The National Board for Small Scale Industries (NBSSI) has reiterated assurance of impartially disbursing funds from the Coronavirus Alleviation Program Business Support Scheme. This assurance is in response to claims by the Ghana Hoteliers Association that most of its members have been denied access to government’s COVID-19 stimulus package for businesses. Officials of the association had…
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Our members didn’t file multiple applications for COVID-19 stimulus package – Hotels Association
The Ghana Hotels Association has rejected claims that its members submitted multiple applications for government’s COVID-19 stimulus package for businesses. Chief Executive Officer of the National Board for Small Scale Industries (NBSSI), Mrs. Kosi Yankey-Ayeh, had recently indicated that some hoteliers were submitting family names under the same business to access the fund in a…
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Over GHS57m of CAP Fund disbursed to 64,000 MSMEs – NBSSI
The National Board for Small Scale Industries (NBSSI), says it has so far disbursed over 57 million Ghana Cedis out of government’s GHS600 million Ghana Cedis Coronavirus Alleviation Program Business Support Scheme, set aside to support MSMEs affected by the COVID-19 pandemic. In all, over 64,000 businesses captured under the Adom Micro Soft Loans for…
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NBSSI urges MSMEs to take advantage of opportunities presented by COVID-19
Following the economic impact of the coronavirus pandemic on businesses, government has taken several steps to cushion businesses and individuals. Aside from large scale businesses, some stimulus packages have been set aside for Micro Small and Medium Enterprises (MSMEs) Apart from the GHS 1 Billion Coronavirus Alleviation Program (CAP), Business Support Scheme launched by President…
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NBSSI extends application deadline for GHS1bn SMEs stimulus package
Small and Medium Scale Enterprises hoping to benefit from government’s GHS1 billion stimulus package, have one more one week to put in their applications. The National Board for Small Scale Industries, NBSSI, has extended the deadline for applications for the GHS1 billion Coronavirus Alleviation Programme Business Support Scheme by six more days. The package is…
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NBSSI cautions against illegal charges for registration for GHS1bn SMEs loan
The National Board for Small Scale Industries, NBSSI, says the application process for government’s GHS1 billion Coronavirus Alleviation Programme Business Support Scheme, is absolutely free. The clarity comes on the back of reports that some applicants are being charged between 200 and 250 cedis by some persons to access the loan package announced by government…
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Hundreds visit NBSSI offices in Bono to apply for GHS1bn SMEs stimulus package
It appears the interest in government’s stimulus package for small and medium scale enterprises affected by the COVID-19 pandemic, is quite huge considering that over 14,000 people have already signed onto it. On Friday for instance, hundreds of people thronged the offices of the National Board for Small Scale Industries, NBBSSI, in the Bono Region,…