The National Entrepreneurship and Innovation Programme (NEIP) has signed a Memorandum of Understanding (MoU) with the Venture Capital Trust Fund (VCTF) to strengthen support for entrepreneurs and improve access to sustainable financing for businesses in Ghana.
The partnership is aimed at bridging the gap between entrepreneurial potential and available capital by combining business development support with structured financing mechanisms.
Under the collaboration, the two institutions will work together to enhance investment readiness among entrepreneurs and provide targeted support to businesses with strong growth potential.
A key component of the partnership is the establishment of a GHS100 million Adwumawura Fund by the VCTF, which will focus on providing financial support to high-impact and scalable businesses.
Speaking at the signing ceremony, NEIP CEO, Eric Adjei, said the initiative will help create opportunities for entrepreneurs, promote business expansion, generate decent employment, and contribute to Ghana’s broader economic transformation agenda.
The programme expressed appreciation to the leadership and team of the Venture Capital Trust Fund for their commitment to supporting entrepreneurship development in the country.
The partnership is expected to provide a stronger ecosystem for start-ups and emerging businesses by improving access to capital, mentorship, and other resources needed for sustainable growth.
