More than two thousand young Ghanaians are to receive entrepreneurship training from Spain by the end of next year.
This follows a memorandum of understanding signed between Ghana and Spain which will see the implementation of the training in March next year.
The Spanish Ambassador to Ghana, Alicia Rico, assured the country of her government’s support to achieving the objectives of the Memorandum of Understanding.
In view of this, beneficiaries will be trained in branding, marketing, networking, social capital and also get the opportunity to be attached to companies in Spain.
Speaking at the signing, the Minister of Business Development, Alhaji Dr. Mohammed Awal, revealed that 75 percent of businesses set up by Ghanaians collapse before five years.The partnership is therefore necessary to ensure that Ghanaian businesses are sustained to ensure the achievement of the ‘Ghana beyond Aid’ agenda.
“The agreement will also provide Consultancy services and train beneficiaries on how to use technology to make Ghanaian businesses competitive on the international market. It will be in the trainer of trainer’s model and will focus on the youth.”
The training is said to cost more than GH¢30 million for the first batch of 20,000 beneficiaries.
Alhaji Dr. Mohammed Awal added that, ‘Ghana Beyond Aid’ agenda cannot be achieved when only 25 percent of indigenous Ghanaian businesses survive after five years and that this signing of the agreement will ensure that Ghanaian businesses are empowered.
He added that, women will constitute more than 50 percent of the beneficiaries.
