MTN Ghana Foundation announces support for 140 micro and small businesses

For the first year of the five-year program, the MTN Ghana Foundation’s Enterprise Support Program has selected 140 micro and small businesses to receive funding.

The project, which targets MSMEs managed by young people, women, and people with disabilities, is projected to support 500 MSMEs over the course of the next five years in Ghana. The chosen beneficiaries will receive technical assistance, company growth aid, training, and startup money.

The MTN House in Accra hosted the onboarding program for beneficiaries on August 24, 2023. Sixty-eight individuals received their official onboarding packets during the program. In September and October 2023, respectively, the remaining MSMEs chosen from the Western and Ashanti areas will be enrolled.

Speaking at the onboarding programme, the Chief Corporate Services and Sustainability Officer of MTN Ghana, Adwoa Wiafe said, “In line with our diversity and inclusion drive, we made a conscious effort to select businesses that have clear social and environmental impact and align with our sustainability objectives and the UN SDGs. We were also interested in businesses with digital components since we are now pushing for digital inclusion.”

Adwoa Wiafe urged the beneficiaries to make good use of the support they have received from MTN to make a difference in the lives of other people as well.

Alexander Tetteh, one of the beneficiaries who spoke on behalf of the beneficiaries said, “We thank MTN for the honour done us. These days, it is not easy to run a business and to the extent that MTN is extending a helping hand to MSMEs, all we can say is Ayekoo to MTN for coming to the aid of MSMEs in Ghana. We are forever grateful to you for the kind gesture.”

MSMEs were encouraged to submit applications for the MTN Enterprise Support Program, which was established in March 2023 in collaboration with the Innohub Foundation. The MSMEs who made the shortlist were given the opportunity to make a presentation and the successful recipients were chosen for onboarding.

Source: Ghanatodayonline.com