Main Government Officer, Ghana Enterprises Company (GEA) Kosi Yankey Ayeh

Obtain to funding is not the big problem for companies, Kosi Yankey

Business people need a mindset change to prosper, GEA Boss

Federal government to apply YouStart application to strengthen entrepreneurship

Main Executive of the Ghana Organization Agency Kosi Yankey Ayeh has explained access to money is not the only problem struggling with Ghanaian firms.

She explained that even nevertheless it are not able to be downplayed, business people want to be disciplined and have a frame of mind shift to be able to prosper in their corporations.

According to her, the availability of marketplace to sell plays a main role in the growth of the organization. She was speaking on PM Specific Small business Version on the JoyNews channel.

“There is the want for access to marketplace, since if you have access to industry, and you are able to offer your goods then you have funding to be in a position to inject into your company so that you might not have to go back again to a bank or a financial establishment so there is the require for entry to industry channels and yes entry to finance is great but high quality obtain to finance, and the kind of financing,” she pointed out.

Mrs. Ayeh mentioned complex guidance as vital to equipping firms with the requisite ability established. She nevertheless believes self-control on the side of entrepreneurs will support them maintain correct documents of the funds.

“And there is also another one that will come type the entrepreneur’s aspect, which is willpower, you will need a ton of discipline to be able to construct the firms. It is critical that we have a large frame of mind change in conditions of what you are undertaking and how you method the get the job done that you are doing”.

The Finance Minister, Ken Ofori-Atta, all through his presentation of the 2022 finances declared the introduction of the YouStart Initiative to produce an entrepreneurial spirit among the youth.

The plan will be executed by governing administration as a result of the Ghana Enterprise Agency, the Nationwide Entrepreneurship and Innovation Programme and other financial establishments.

This in accordance to the minister will produce 1 million work opportunities for the youth in Ghana.