President John Dramani Mahama has launched an initiative that aims to provide young individuals with the means to establish their businesses.
Named the Adwumawura Programme, it was inaugurated in Kumasi on Monday, [April 28, 2025] by President Mahama.
During his address at the ceremony in Kumasi, President Mahama emphasized the significance of the initiative in providing viable prospects for young Ghanaians to turn their ideas into lasting businesses.
The goal is to establish a minimum of 10,000 businesses owned by Ghanaian youth annually for the next four years.
Enhancing women’s capabilities through the development of skills.
According to him, the Adwumawura Programme will provide a range of resources to support business growth. These include training for development, opportunities for funding, mentorship, market assistance, and ongoing advisory services. The programme is open to both emerging ventures and established small businesses, with the option to apply through an online platform.
President Mahama addressed a crowd of government officials, development partners, traditional authorities and young entrepreneurs, reiterating our aim to establish a minimum of 10,000 youth-owned businesses in Ghana annually for the next four years.
According to Mr. Mahama, the Adwumawura Programme has been fully financed and received the required allocation from the Ministry of Finance under the 2025 national budget.
He highlighted that the current program is distinct from past youth initiatives that were introduced with much excitement but ultimately lacked sufficient funding.
NEIP, under the newly established Ministry of Youth Development and Empowerment, will be in charge of carrying out the Adwumawura initiative.
According to Mr Mahama, the initiative aims to be all-encompassing, driven by the youth, and inclusive of individuals from diverse backgrounds in Ghana, regardless of their educational background.
According to him, numerous major corporations we witness today initially began as modest enterprises.
Proper support can empower young Ghanaians to establish businesses that not only enhance their own lives but also bolster our national economy.
The application process for the initial group of recipients has officially begun, overseen by an independent selection committee.
How do we apply for flagship programme?. Kindly gives us directives. Thank you
You can follow the link to apply. https://adwumawura.neip.gov.gh/adwumawura/