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Vice President launches School Entrepreneurship Initiative in Tamale

source: savannanews24.com/Prince Addo:

The Vice President, H.E Alhaji Dr. Mahamudu Bawumia has launched the National School Entrepreneurship Initiative (SEI) in the Northern Region’s capital, Tamale.

The Vice President urged the youth of Ghana to cultivate the spirit of entrepreneurship in order to create jobs and minimize the rate of graduate unemployment in the country.

The School Entrepreneurship initiative under the Ministry of Business Development seeks to empower the youth to venture into the fields of entrepreneurship in order to serve as a channel for them to contribute their quota to the achievement of the Ghana Beyond Aid goal.

The Ministry of Business Development is to train and stimulate at least 10,000 students annually to think entrepreneurship and engage 2 million students over the next 5 years.

The theme for the SEI launch was “Innovation and Entrepreneurship Education- A Bridge to realizing the Ghana Beyond Aid Agenda”.

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H.E the Vice President, Alhaji Dr. Mahamudu Bawumia at the launch of the SEI at the Ghana Senior High School in Tamale said, that the Nana Addo NPP led administration is poised to change the narrative of “graduate unemployment” to “graduate job creator” as an index in the employment sector in the next 5 years.

He reiterated that the Ghana Beyond Aid ambition by government can be realized if the youth, especially students take education seriously, “The country needs knowledgeable and multi-skilled youth to foster development in the country, and the government seeing the relevance of this has made Senior High School (SHS) education free” He said

H.E the Vice President explained that, under the SEI, schools would be supported and encouraged to set up entrepreneurial clubs in conjunction with massive support from the Ministry of Education and the Ghana Education Service (GES).

Dr. Bawumia said that the entrepreneurial clubs formed would be trained by some selected hubs already working with the Ministry of Business Development and the National Entrepreneurship and Innovation Plan.

He added that the SEI will organize business plan competitions that will basically set out what business plans the entrepreneurial clubs will want to pursue.

The grand finale of the competition will be held early next year at the country’s capital, Accra, where students will be expected to present their ideas to a special jury, and winners of the completion will be moved across the globe to have a feel of entrepreneurship and gain better understanding about the world of business.

Alhaji Dr. Mahamudu Bawumia encouraged students to take advantage of the initiative and come up with business ideas. He however assured that government will be ready to support the business ideas students come up with.

‘“I encourage you students to take advantage of the Student Entrepreneurship Initiative to come up with business idea and be assured that the Government would support you to realize your dreams of becoming successful entrepreneurs”

The Minister of Business Development, Dr. Ibrahim Mohammed Awal said, the Student Entrepreneurship Initiative policy is aimed at sending entrepreneurship education to students. “When students are exposed to business concepts and plan at an early age, there is the tendency for them to think entrepreneurial and begin to develop products and services while in school. The SEI therefore aims at building entrepreneurial mindset among students”

Dr. Mohammed Awal said, the government is committed to creating a sustainable,most business-friendly and business enable environment that fosters private sector-led investments for job creation and livelihoods. “To promote the entrepreneurial capacity of the youth as well as nurture, building and promote indigenous Ghanaian businesses”.

source: savannanews24.com

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