COVID-19: Prez Akufo-Addo Launches GH¢1 Billion Support Scheme For MSMEs

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President Nana Addo Dankwa Akufo-Addo

President Nana Addo Dankwa Akufo-Addo today, Tuesday, May 19, 2020, launched the GHC1 billion Coronavirus Alleviation Programme Business Support Scheme.

The scheme is aimed at giving financial support to Micro, Small and Medium-Scale Enterprises (MSMEs) in Ghana that have been seriously affected by the coronavirus pandemic.

The launch of the Coronavirus Alleviation Programme Business Support Scheme at the Jubilee House

The scheme is being managed by the National Board for Small Scale Industries.

It is anticipated that the entire Scheme will attract about one hundred and eighty thousand (180,000) beneficiaries across the country.

President Akufo-Addo, however, urged all beneficiaries to use the funds received for the intended purpose, “so that, together, we can work to grow our economy once again.”

President Akufo-Addo and Vice-President Bawumia observing social distancing

To be eligible for the support scheme, your business must be in the category of a micro, small and medium-scale enterprise, you must be a member of an association, trade group or NBSSI and you must also have a tax identification number.

Interested business owners can apply for the support scheme on the National Board for Small Scale Industries website.

The application portal will be live tomorrow, 20th May, 2020.

About National Board for Small Scale Industries (NBSSI):

NBSSI is a governmental agency under the Ministry of Trade and Industry with the institutional mandate to promote and develop Micro Small and Medium Enterprises (MSMEs) in Ghana. It has a strong presence in 178 districts in Ghana.

source: kuulpeeps.com

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