MasterCard Foundation Assists Entrepreneurship Training for Intellectuals

CAMFED Ghana, with the National Board for Small Scale Industries (NBSSI), has organised a four-day training programme to empower some 300 scholars of the MasterCard Foundation with key skills for establishing and running successful businesses.

The participants from the Northern, Upper East, Upper West and Central regions, were taken through various sessions at Tamale, to understand Business Development and Growth and Management issues, among others.

“The four-day Training Programme, which started on January, 28, sought to equip the Scholars with knowledge and skills to understand basic concepts in entrepreneurship, gain a deeper understanding of the business environment, in which they operate, as well as the knowledge on SMART goal-setting,” a statement issued by CAMFED, and copied to the Ghana News Agency, said.

It was also to help them acquire the requisite knowledge in core business management skills such as records keeping, costing and pricing, as well as working capital management, among others.

The training was organised under the auspices of the Transition Program, which CAMFED Ghana is implementing with MasterCard Foundation. It aims at providing three pathways for young women, particularly Senior High School graduates, to ensure they have a secure livelihood.

Thus, it has been designed to equip young women to empower young women to transition from secondary education to Entrepreneurship; Employment or Further Studies – as well as to give them the opportunity to make informed choices on any of these three pathways.

“Young women who tread the path of entrepreneurship are provided with training, start-up kits, internships, peer mentoring and tailored business advisory support from NBSSI, successful entrepreneurs from CAMFED’s Innovation Bursary Programme and other institutions,” the statement said.

CAMFED Ghana, launched in 1998, works in 31 districts in the three Northern Regions and the Central Region, to eradicate poverty through supporting the education of girls and empowering young women.

Also, MasterCard Foundation, which provides support to academically talented but economically challenged young Ghanaians under a scholarship programme; has since its founding in 2006, been working with NGOs worldwide to promote financial empowerment and education.

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Ghana News Agency

The Ghana news Agency (GNA) was established on March 5, 1957, i.e. on the eve of Ghana's independence and charged with the "dissemination of truthful unbiased news". It was the first news agency to be established in Sub-Saharan Africa. GNA was part of a comprehensive communication policy that sought to harness the information arm of the state to build a viable, united and cohesive nation-state. GNA has therefore been operating in the unique role of mobilizing the citizens for nation building, economic and social development, national unity and integration.

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