Youstart Ghana Support: How to Apply for Youstart Ghana 2022
Youstart Ghana Support: How to Apply for Youstart Ghana 2022
YouStart Ghana Initiative Support for Entrepreneurs – YouStart is a vehicle by the Government of Ghana to support the youth with developing commercially viable businesses, gaining access to capital, training, technical skills and mentoring to enable them launch and operate their businesses.
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YouStart will provide the youth-led enterprises with:
- District Level Loans under GHc10,000 after 2- 3 months of training.
- Soft loans of up to GHc 50,000 to help start-ups (particularly by young graduates and school leavers) and small businesses to expand.
- Starter packs (Soft loans tied to equipment acquisition) of up to 50,000 for individuals and GH l00 000 for associations/groups.
- Standard loan package of between GH(100,000 to GHc400 0oo at concessional rates for SMEs through financial institutions.
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YouStart Eligibility/Criteria
- Ghana Startups with founders under the age of 35 years.
- Graduates & High & School Leavers
- Entrepreneurs under the age of 35
Components of YouStart 2022
Training: Skills Development, Entrepreneurial Support and Business Advisory Services.
Funding: Access to Competitive Credit and Starter Packs
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Enterprise Promotion: Mentoring and Access to Markets, including Portals to facilitate “digital linkages” between youth- led enterprises and other businesses and relevant Government agencies.
How to Apply for Youstart Ghana Initiative Support for Entrepreneurs 2022
Application for the Youstart programme is not yet open and will kick off from March 2022.
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