The National Entrepreneurship and Innovation Programme (NEIP) has officially onboarded the first batch of applicants under its flagship initiative, Adwumawura, to receive training and investment support from the government.
The ceremony, held at the Cedi Conference Hall in Accra, marked the formal admission of young entrepreneurs aged 18 to 35 into the programme, which aims to tackle youth unemployment and job scarcity in Ghana.
Chief Executive Officer of NEIP, Eric Adjei, commended the Mahama administration for prioritizing youth empowerment through entrepreneurship. “The programme aligns with the vision of the President, whose strategic focus on inclusive economic growth and youth empowerment underpins this initiative,” he said.
Mr. Adjei highlighted the potential of entrepreneurship as a driver of national development, stressing that the Adwumawura programme is designed to build a resilient entrepreneurial ecosystem. “The ability of our youth to create and upscale business is critical to our national development. The programme nurtures innovation, facilitates access to funding, provides mentorship, and ensures market integration,” he added.
Launched by President John Dramani Mahama on April 28 at the Prempeh Assembly Hall in Kumasi, the Adwumawura initiative received GH₵110 million in August to adequately fund this year’s cohort.
The programme seeks to create, mentor, and support at least 10,000 youth-led businesses every year. Beneficiaries will be provided with training, startup capital, equipment, and mentorship to scale their enterprises and contribute to job creation.