By Florence Afriyie Mensah
Kumasi, April 27, GNA – President John Dramani Mahama is scheduled to launch the Government’s flagship programme, ‘Adwumawura’, in Kumasi on Monday, April 28, at the Prempeh Assembly Hall.
The flagship programme is a special business start-up initiative aimed at facilitating the creation, tracking, and mentoring of a minimum of 10,000 businesses annually with a special focus on young people.
The Programme will be implemented by the Ministry of Youth Development and Empowerment, through the National Entrepreneurship and Innovation Programme (NEIP).
It will empower young Ghanaians between 18 and 35 years to start and grow their businesses.
It is a central component of the National Democratic Congress (NDC)’s 2024 manifesto, aimed at addressing youth unemployment and fostering entrepreneurship in Ghana.
The Adwumawura Programme is part of the NDC’s broader commitment to create 250,000 jobs annually through various initiatives, including the “Edwuma Pa” programme.
By focusing on entrepreneurship, skills development, and digital innovation, the Government aims to empower Ghana’s youth and stimulate economic growth.
The 2025 Budget Statement and Economic Policy presented by Finance Minister Cassiel Ato Forson, to Parliament, in March, allocated GH₵100 million to kick off the Adwumawura programme.
The programme is designed to facilitate the provision of young entrepreneurs with the necessary support to establish and sustain their enterprises.
Beneficiaries will receive comprehensive assistance, including skills training, mentorship, and access to start-up capital and equipment.
This holistic approach aims to ensure the viability and sustainability of new businesses, according to the NDC’s Manifesto 2024.
The National Apprenticeship Programme of the Government will also complement the Adwumawura initiative.
This will offer free technical and vocational training, certification, and start-up support to young people, enabling them to establish their own businesses upon completion.
The Government also seeks to implement tax incentives for start-ups, with new and small businesses being exempted from corporate and personal income taxes for the first two years after their incorporation.
This will reduce the financial burden on emerging entrepreneurs.
Mr George Opare Addo, the Minister of Youth Development and Empowerment, in a video message, which was made available to the Ghana News Agency, Sunday, said in the run-up to the 2024 election, they made promises of creating decent and sustainable jobs for young people and the Government was committed to honouring its promises.
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