President John Dramani Mahama has assured the youth of Ghana that his government will invest in their future.
He said this after launching the ‘Adwumawura’ initiative in Accra on Monday, April 28.
President John Dramani Mahama said the flagship initiative, is dedicated to cultivating and growing 10,000 young entrepreneurs annually. It complements his broader 24-hour economy plan and follows the launch of the One Million Coders Programme two weeks ago.
“I want to assure you that my government will continue to walk with you. My government wants to invest in your future. I give you every reason to be proud of your homeland, Ghana,” he assured during the launch.
“Through a nationwide selection process, we will incubate new businesses and accelerate existing ones,” said President Mahama.
“Those who can apply are not only those who want to establish new businesses but if you have an ongoing business and you can benefit from the Adwumawura Programme, you are also free to apply.”
Although the programme does not have specific educational requirements, applicants must be fully Ghanaian to be considered for selection.
In line with the government’s inclusivity and equity agenda, sixty percent of beneficiaries will include women and girls, persons with disabilities, unemployed and underemployed youth, out-of-school youth, youth in conflict-affected areas, youth from rural and mining communities, and other marginalised communities.
Selected candidates will benefit from business development training, access to funding, coaching and mentorship, technological support, access to equipment and machinery, market access and facilitation, and 367 days of comprehensive business advisory services.
The President assured that the programme is fully funded under the 2025 budget. However, he also called on international partners to support the programme through NEIP with resources, expertise, and logistics to maximize its potential.
For marketing opportunities, there will be an annual Adwumawura Trade Fair and Exhibition to showcase the creativity, innovation, products, and services of beneficiaries.
“Let your dreams take flight. Let your innovations find expression. The future is not something we wait upon. It is something we build together and it starts from today,” President Mahama said, encouraging the youth to seize the opportunity.