When Is the Deadline for Ghana YouStart GJSP Utility
The opening of the portal on the fifteenth of November 2022, which additionally marked the official launch of one of many fashions below the state-assisted and personal sector-funded entrepreneurship help, has paved the best way for it to obtain purposes within the subsequent six weeks, after which greater than 50,000 candidates can be chosen for coaching.
YouStart was developed to scale back restraints for present and aspiring younger entrepreneurs by the Ghana COVID-19 Alleviation and Revitalisation of Enterprises Assist (Ghana CARES) programme, which is a part of makes an attempt to handle the excessive youth unemployment price within the nation.
Through the three-year interval from 2022 to 2025, the undertaking goals to assemble an entrepreneurial nation and generate a million new jobs for younger folks.
By way of the undertaking, the federal government and its companions intend to commit round GH¢10 billion over three years in direction of the event of at the least one million employment.
It’s being performed by the Ghana Enterprises Company (GEA) and the Nationwide Entrepreneurship Innovation Programme (NEIP), with help from the World Financial institution.
It’s a automobile by which the federal government plans to supply cash and technical help for the younger between 18 and 40 years and youth-led enterprises to help them to ascertain, construct and develop their corporations.
It’s being rolled out in three phases: a industrial mannequin, with banks on board; a religion mannequin, which is able to collaborate with faith-based organizations to establish certified candidates; and a district mannequin, the place beneficiaries can be chosen by particular assist desks within the 216 districts throughout the nation.
The Chief Government Officer of the GEA, Kosi Yankey-Ayeh, urged jobless younger individuals who needed to begin enterprises to make the most of the YouStart initiative throughout yesterday’s launching of the portal and unveiling of the district mannequin on the Accra Technical College.
She emphasised that YouStart isn’t a supply of finance in and of itself, however reasonably the results of collaboration between people with entrepreneurial aspirations and the federal government.
She defined that this system was designed to assist younger folks and that it’ll present coaching to 50,000 younger folks, with a few of them additionally receiving seed cash to get their companies off the bottom.
She stated on the finish of the six weeks, the portal can be closed to purposes and the chosen candidates taken by a readiness screening and wishes evaluation, after which they might be skilled to empower them with entrepreneurial abilities.
“After the coaching, beneficiaries who’re dedicated can be equipped with monetary help to fund the enlargement of their enterprise, procurement of apparatus, amongst others,” Mrs Yankey-Ayeh stated.