The programme, spearheaded by the National Entrepreneurship and Innovation Programme (NEIP), seeks to establish 10,000 youth-led businesses each year, with a target of 40,000 enterprises over four years.
Fully funded through the 2025 national budget and supported by the Ministry of Finance, the Adwumawura Programme would offer comprehensive support including business development services, startup incubators, and access to funding.
It is open to all Ghanaians aged 18 to 35, regardless of educational background.
President Mahama described the initiative as “not merely a policy, but a declaration of faith in the extraordinary potential of Ghanaian youth.”
He underscored the government’s commitment to transforming ideas into thriving enterprises capable of driving national development and reducing youth unemployment.
“Our goal is to build an industry-driven economy that creates sustainable, well-paying jobs,” the President stated, encouraging young people to see themselves not only as future employees but also as future employers.
The Minister for Youth Development and Empowerment, Mr. George Opare Addo, praised the programme as a milestone in youth-focused economic policy.
He reiterated the government’s commitment to nurturing an enabling environment for young entrepreneurs and emphasised the importance of collaboration in shaping a prosperous future for the nation’s youth.
GNA
