Report by Joseph Nana Yaw COBBINA
The National Entrepreneurship & Innovation Programme (NEIP) to disburse $7 million to Hubs as part
of NEIP Hubs Accelerated Grant Programme under the Ghana Economic Transformation Project-GETP.
Speaking at the signing of the NEIP acceleration HUBS Grant, the CEO of NEIP, Mr Kofi Ofosu Nkansah
reiterated that the Ghana Economic Transformation Project has four (4) components, and NEIP’s
programmes falls under Component 3 of the project.
According to him, Component 3 supports entrepreneurship and SME growth in non-resource-based
sectors and it is aimed at addressing the limited development of the SME and entrepreneurship support
ecosystem, including early-stage financing to promote and strengthen a growth model that is conducive to
economic transformation, to achieve higher rates of investment and productivity growth across the
economy, especially in non-resource-based sectors.
He pointed out that the Hubs Grant sub-component under Component 3 which contract ceremony was
being signed, is a Grant Programme to support the development of the entrepreneurship ecosystem by
building the capacities of entrepreneurship hubs to bring the quality of their services up to international
standards.
The Hubs will be supported to run programmes that would benefit firms and startups within our
communities.
Mr Ofosu Nkansah observed that the grant programme was competitively designed to select a number of
hubs which will be provided with technical assistance and capacity building to address gaps identified
during the benchmarking exercise.
