Richard Addison declares 2022 a year of financial support for young entrepreneurs

Richard E. Addison, President of the Ghana Chamber of Young Entrepreneurs

The new President of the Ghana Chamber of Young Entrepreneurs, Mr. Richard E. Addison, has called on the government to decentralize all youth entrepreneurship policy initiatives.

He said so in his New Year message to members of the Chamber and young Ghanaian entrepreneurs.

2022 is a year for young entrepreneurs as the government launches many policy initiatives on youth entrepreneurship. According to the president of the Young entrepreneur, these interventions are commendable. However, the government should ensure that they reach demanding young entrepreneurs in all corners of the country.

“Let’s make sure that these good initiatives like YouStart, Ghana CAREs Obaatanpa, etc., are not just focused on Accra and Ashanti, but all of Ghana. Let’s make sure those in the hinterland also get the support,” he said.

Mr. Richard E. Addison also took the opportunity to call on the government to ensure that all the excellent policy interventions of young entrepreneurs are spread across the country so that all discerning entrepreneurs can benefit from them.

“I call on the government to ensure that all interventions for young entrepreneurs and startups are distributed fairly. We want transparency so that all young entrepreneurs and startups across Ghana can know about these interventions, know how to get there. access and where to go and register to access it.I will also call on the government to keep things transparent and show us which districts have benefited from these interventions.

“Let’s make sure that these good initiatives like YouStart, Ghana CAREs Obaatanpa, etc., are not just focused on Accra and Ashanti, but all of Ghana. Let’s make sure those in the hinterland also get the support. He added.

The full statement

A happy new year. Today, me and my team at GCYE would like to extend New Year’s greetings to all young entrepreneurs in Ghana and around the world. At the start of the year, I hope to come back to 2021 before discussing the outlook for 2022.

The year 2021 has been another year that has seen the world greatly affected by COVID-19. Lockdowns and declarations of states of emergency in many countries and regions have imposed restrictions on economic activities and our daily lives.

In the midst of this, the Ghana Chamber of Young Entrepreneurs, through partnerships, has enabled us to implement several projects that support Ghanaian youth businesses in various ways.

As the new Speaker of the House, I am very encouraged by the steady progress and want to express my sincere gratitude to everyone for doing their best.

Looking to the outlook for the New Year 2022, I call on young people to come together to develop local ideas that can solve our problems so that we do not continue to depend solely on central government.

This year, the Chamber will undertake projects that will provide financial support to young entrepreneurs, build their capacity and help young people make the transition to green and agriculture. We have already initiated a double funding project; Young Entrepreneurs and Support Fund (YESS Fund), which aims to be a sustainable funding pool for young entrepreneurs.

Our flagship youth agriculture project (Brafie Youth Agric Project) will soon follow. Brafie will be one of the biggest agricultural revolutions of the year. Thanks to Brafie, young people will return to their communities and have land to invest in agriculture.

Plus, the Young Entrepreneurs Summit and Expo is coming back bigger and better. The Summit, now renamed Youth Entrepreneurship and Innovation Summit and Expo (YEIS), will showcase the products and innovations of young Ghanaian entrepreneurs and create an avenue for emerging and established businesses to meet under one roof to network and form lasting partnerships.

I take this opportunity to call on the government to ensure that all the excellent policy interventions of young entrepreneurs are spread across the country so that all discerning entrepreneurs can benefit from them. Let’s make sure that these good initiatives like YouStart, Ghana CAREs Obaatanpa, etc., are not focused only on Accra and Ashanti, but on the whole of Ghana. Let’s make sure those in the hinterland also get the support.

To our development partners and all stakeholders, we anticipate stronger partnership and collaboration as we continue to promote young entrepreneurs in the country.

As a chamber, we have declared that this year will be a year of financial support for young companies. With government funding projects and our initiatives and partners, access to finance shouldn’t be a bigger problem for start-ups in 2022

Thank you.

Richard Addison

President

Ghana Chamber of Young Entrepreneurs (GCYE)

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