TIG Post Logo

Project to create 250,000 jobs launched by Dr Bawumia

23rd January 2024 2:15:19 PM

1 min read
project-to-create-250000-jobs-launched-by-dr-bawumia

Vice-President, Dr. Mahamudu Bawumia has inaugurated a project aimed at empowering 250,000 young individuals to secure dignified and fulfilling employment within the next four years.

The Business in Box (BizBox) initiative, backed by an investment of GH¢660 million, is set to equip young entrepreneurs with essential tools, knowledge, and support for starting and expanding their businesses.

Implemented by the Ghana Enterprises Agency (GEA) in collaboration with the Mastercard Foundation, the BizBox project is slated to run until April 2027.

It will encompass training in life skills, technical expertise, entrepreneurship, and business development to foster growth and scalability.

Additionally, the initiative will provide mentorship, market access, regulatory support, and startup kits across diverse sectors, including agriculture, agri-adjacent industries, tourism, the creative industry, building and construction, among others.

Speaking at the project launch following a campaign in Accra, Dr. Bawumia emphasized that BizBox builds on the success of the "Young Africa Works" initiative implemented between 2020 and 2022, which impacted around 94,000 young people by creating employment opportunities.

The Vice-President expressed the goal of BizBox to further scale up and empower 250,000 individuals, supporting 125,000 youth with startup kits, providing market access to 50,000 businesses, and offering regulatory support to 40,000 businesses.

Describing BizBox as more than a project, Dr. Bawumia highlighted its significance as a symbol of hope and opportunities, encompassing tools, knowledge, and support for developing and growing successful businesses.

The project specifically targets youth aged 15 to 35, persons with disabilities (PWDs), vulnerable females, women business owners, and female-led youth businesses.