Stakeholders meeting

CALL FOR APPLICATION: ENTREPRENEURSHIP HUBS GRANT PROGRAMME

The National Entrepreneurship and Innovation Programme (NEIP) is a flagship policy initiative of the government of Ghana. NEIP is a Technical Implementation Partner under Component 3 of the Ghana Economic Transformation Project, (GETP) a world Bank Project under the Ministry of Finance. This component seeks to Accelerate Entrepreneurship and SME growth and support entrepreneurship and SME growth in non-resource-based sectors, addressing specifically the limited development of the SME and entrepreneurship support ecosystem, including early-stage financing.

As part of this component, NEIP is calling for applications from eligible organisations with experience in Innovation Hubs Management and the financial capacity to apply for a grant to set up New Hubs with the appropriate specifications and sector focus.

APPLICATION DEADLINE : THURSDAY 25 MAY, 2023.

CALL FOR PROPOSALS

OBJECTIVE

The Objective of the Entrepreneurship Hub Grants (“EH Grants”) is to support selected experienced innovation and entrepreneurship Promoters to set up new Hubs to expand the work in the ecosystem.

SCOPE

This call for application is aimed at strengthening the ecosystem with targeted support for new hubs with the capacity to meet international standards. This Call is opened to all firms and individuals with financial capacity and expertise to apply for a grant to set up a new hub.

ELIGIBILITY CRITERIA

ELIGIBLE Individuals or Businesses who can apply for this grant must meet the following criteria:
  • Should have capacity to set up a hub or have a legally registered hub not more than two years.
  • Ownership of the entity must be 100% Ghanaian
  • Must be able to present a qualified and competent team of Business Development Experts, Mentors, Trainers, etc. The team should have relevant academic qualifications and relevant experience.
  • Must have already identified adequate space to set up the hub.
  • The Promoters must demonstrate a deep understanding of the innovation and entrepreneurship ecosystem in Ghana.
  • Must submit a 3 year projected business plan for the potential hub.
  • Must demonstrate financial capacity to sustain the Hub after the initial funding for the set-up
  • Must be able to provide a sustainability and growth plan.

NB: PLEASE KINDLY CHECK THE EXCLUSION LIST BELOW SINCE IT WOULD BE USED AS PART OF THE ASSESSMENT

  1. Any activities involving conversion of natural habitats/ecologically sensitive areas and/or damaging to national monuments, non-replicable cultural properties
  2. Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements.
  3. Production or trade in alcoholic beverages including country made liquor.
  4. Gambling, casinos and equivalent enterprises.
  5. Trade in wildlife or wildlife products regulated under Convention on International Trade in Endangered Species
  6. Production or trade in radioactive materials.
  7. Production or trade in or use of unbounded asbestos fibers
  8. Purchase of logging equipment for use in cutting forest.
  9. Production or trade in pharmaceuticals subject to international phase outs or bans.
  10. Fishing in the marine environment using electric shocks and explosive materials.
  11. Goat/cattle rearing dependent on forest resources
  12. Production or activities involving harmful or exploitative forms o f forced labor harmful
  13. Child labor
  14. Commercial logging operations for use in primary tropical moist forest
  15. Production or trade in products containing Polychlorinated biphenyls (PCBs).
  16. Production or trade in ozone depleting substances subject to international phase out.
  17. Production or trade in wood or other forestry products from unmanaged forests.
  18. Production, trade, storage, or transport o f significant volumes of hazardous chemicals, or commercial scale usage of hazardous chemicals.
  19. Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements.
  20. Production or trade or processing of products involving tobacco (including beedi)
  21. Production or trade or use or storage of dyeing chemicals and dye intermediaries
  22. Production or storage or packaging of inflammable material
  23. Any activities requiring industrial production processes requiring regulatory clearances from Pollution Control Boards
  24. Prone Sexual Harassment work environment

Please note that Shortlisted applicants would be made to complete an environmental and social safeguards screening form.

APPLICATION PORTAL IS CURRENTLY CLOSED.

THANK YOU.