Business News of 2014-08-27

YES Secretariat takes proposals, ideas from Ghanaians from Monday

The Youth Enterprise Support (YES) Secretariat has announced that it will start receiving business plans, ideas and proposals from young and prospective entrepreneurs on Monday September 01, 2014.

According to the YES Secretariat, interested persons who meet the published Eligibility Criteria have between September 01, and October 10, 2014 to submit their business plans, or ideas for consideration.

YES, an initiative of President John Mahama, was launched on August 12, 2014 with a seed capital of GH¢10 million. The Youth Enterprise Support Initiative has been designed to help Ghana's young and innovative population turn great ideas into thriving business enterprises.

To qualify for the consideration of your business plan, Coordinator of the YES Secretariat, Kojo Adu Asare, said, the eligibility criteria we have published requires that “one must be a Ghanaian citizen and below the age of 35, completed at least Junior High School and submit a business plan that shows the ability to create a minimum of five job opportunities within a certain time frame.”

“Your business proposition cannot include gambling, alcohol production or distribution, tobacco, narcotics or weapon distribution or production, and the business must be situated within the borders of Ghana," Mr. Adu Asare stated.

He also noted that applicants must provide proof of their citizenship, educational qualification, and also two letters of recommendation or reference in support of their application.

The application form will be available on the YES website for download.

Completed application forms and business plans can be sent to the YES Secretariat via email, applications@yes.gov.gh or filled and submitted online from our website, www.yes.gov.gh or delivered by post to YES Secretariat, P. O. Box 1627, Accra- Ghana. Applicants are also welcome to hand deliver their application to the YES Secretariat, Plot No 7, Research Road, South Legon, Accra- Ghana.

“We encourage all to visit our website, www.yes.gov.gh, for detailed information on the application process, eligibility criteria and what is required of applicants, the selection process and the timetable for our First Call," Mr. Adu Asare added.

Source: YES Secretariat
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