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Business News of Thursday, 3 April 2014

Source: Sammy Heywood Okine

TechnoServe to launch New Enterprise Devt Program today

TechnoServe will today April 3rd,

2014 launch a new enterprise development program dubbed ENGINE (Enhancing

Growth in New Enterprises) at the British Council in Accra. It is a multi-year

program that will be implemented across Ghana with the support of the British

Government.



“ENGINE” will identify entrepreneurial men and women and

equip them with the tools and networks they need to

build competitive, self-sustaining micro and small enterprises that will

accelerate economic growth and reduce poverty through business plan competition

and aftercare.

According to Ken Kwawu, a PR consultant, the program is expected

to tap the high entrepreneurial energy of the Ghanaian, with emphasis on youth

and women participation.

He said applications will be drawn from agri-business and

processing, light manufacturing, information technology, services and private

sector solution to water, health and education.

“ENGINE” is modeled on business plan competitions

TechnoServe has successfully implemented in over 54 countries across Africa and

Central America and is also rolling out elsewhere in Asia. Since debuting in El

Salvador in 2002, these competitions have helped hundreds of aspiring

entrepreneurs to create or expand dozens of businesses.

TechnoServe has been working in

Ghana since 1971. In the last 10 years alone, TechnoServe/Ghana has provided

business development services to more than 200 businesses and has facilitated

entrepreneurship training and capacity-building programs for more than 500

potential entrepreneurs, resulting in numerous start-ups and business

expansions

TechnoServe

helps entrepreneurial men and women in the developing world to build businesses

that provide jobs, income and economic opportunity. Since its founding in 1968, the

U.S.-based

nonprofit has helped to create or improve businesses, benefiting millions of

people in over 30 countries.Participants are expected to turn their good ideas into

thriving enterprises