Government of Ghana’s Youth Enterprise Support – Business Loans 2016
Deadline: February 19, 2016
Applications are now open for YES, the Government of Ghana’s Youth Enterprise Support project. It is a fund to assist young Ghanaians who have creative and innovative business ideas and plans to achieve their full potential.
Once a business proposal or application is selected for support, the applicants are taken through various stages of mentoring and business management programmes, after which YES activates the appropriate form of disbursement required.
To apply, the applicant must be a Ghanaian between the ages of 18 and 35 years of age, who has a viable business plan or a business enterprise for which he/she needs assistance.
Although preference will be given to business ideas focusing on the agriculture value chain and agribusiness, YES supports any business proposals, plans or ideas that have the potential of expanding to provide employment opportunities.
Financial estimates accompanying selected proposals will guide how much financial support YES will provide in support of a business plan. However, no single business plan will receive more than Fifty Thousand Ghana Cedis (GH¢50,000.00).
Any business that receives financial assistance from YES will be expected to eventually repay the financial assistance at no interest. A loan agreement and a flexible repayment plan will be agreed with YES prior to disbursement of funds.
How to Apply
A full application requires evidence of identification and an outline of your business plans.
To apply, download the application form online, print, complete, scan and attach all other required documents and do one of the following:
- Email to [email protected]; and [email protected]
- Hand deliver to the YES Secretariat, Plot No. 7, Research Road, South Legon, Accra; or
- Post to: YES Secretariat, P. O. Box 1627, Accra- Ghana.
For more information, visit the Youth Enterprise Support website.