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Introducing the National Entrepreneurship and Innovation Plan-NEIP PDF Print E-mail

The National Entrepreneurship and Innovation Plan (NEIP) is a flagship policy initiative of the government of Ghana with the primary objective of providing an integrated national support for start-ups and small businesses. NEIP primarily focuses on providing business development services; start-up incubators and funding for young businesses to enable them grow and become successful.

The aim of NEIP is to enable entrepreneurs, empower innovation and accelerate job creation for Ghana’s teeming unemployed youth.


NEIP MODULES

Modules

•          INCUBATION PROGRAMME

•          NEIP INDUSTRIALIZATION PLAN

•          YOUTH ENTERPRISE FUND (YEF)

•          BUSINESS ADVISORY


MODULE ONE: - NEIP INCUBATION PROGRAMME

Startup businesses will be hand held to survive the initial pitfalls of entrepreneurs. It is a deliberate and conscious effort to provide young businesses with the tools and support they need to become successful.

Target

  • To work with at least 20 INCUBATION HUBS across the nation. Beneficiaries will be from all manner of fields and sectors.
  • About 10,000 young entrepreneurs shall be incubated throughout the year. Incubation will include aggressive skills development and training for various industries. Training and incubation will be on needs assessment basis.

Measurement

  • Number of direct businesses generated per annum by ‘incubatees’
  • Number of people employed per business per annum
  • Quality of entrepreneurs trained and ability to survive after incubation series

Impact

  • Creation of a sustainable employment
  • Income generation and Revenue for companies
  • Skills transfer and a new wave of entrepreneurs
  • Economic empowerment

MODULE TWO: - NEIP INDUSTRIALIZATION PLAN (Greenhouse project & Ten Sub-contracting industries).

This is a deliberate and ambitious approach to farm fruits and vegetables in a controlled environment. It is a farm activity laced with technology, not dependent on rain but with amazing financial rewards. It has high impact in the sustainable jobs space and there is already an off-take from several companies both local and abroad.

Target

  • 1000 Green House Domes (100 per region)
  • Creation of ten sub-contracting industries  nationwide

Measurement Indicators

  • No of sustainable jobs created
  • Development of a Green House farming Ecosystem
  • Revenue Generation from harvest sales.
  • Import Substitution for fruits and vegetables
  • Export Drive for fruit and vegetables

Impact

  • Creation of 10,000 direct jobs through Green House farming (ten sustainable jobs per dome)
  • Creation of 4,000 indirect jobs (sustainable jobs through producing raw materials and installation of Greenhouse domes)
  • Transfer of skills and new technology in fruits and vegetable production
  • Improved standards in farming and marketing of fruits and vegetables

MODEL THREE: - NATIONAL ENTREPRENEURSHIP AND INNOVATIONS FUND (NIEF)

This fund is dedicated to youth in entrepreneurship. It exists as a Special Purpose Vehicle (SPV) to fund Young business as they cannot not access funding from banks and other financial institutions.

Target

  • Expected to realize GH¢10,000, 000 for the first year
  • Providing financial support for 200 scalable businesses per annum.

Measurement Indicators

  • The sustainability of the fund through prudent investments
  • Number of entrepreneurs funded and the return on investment
  • Number of sustainable jobs created by the beneficiaries of the fund

Impact

  • Establishment of  Sustainable businesses
  • Creation of sustainable jobs
  • Income generation and Revenue for businesses
  • Economic empowerment of Ghana’s new entrepreneurial belt

MODULE 4 –BUSINESS ADVISORY AND COMPETITIONS

Early stage business hunting and competitions to be selected for both funding and incubator hubs. This module is very critical for Business Development.

Target

Ten main sectors will receive premier attention.

•          Agri- Business and Agro- Processing

•          Information Communication Technology

•          Sports, Tourism and Recreation

•          Sanitation, Waste management, Green and Ecological Businesses

•          Health, Food and Beverages

•          Fashion (Clothing & accessories) and Beauty

•          Media, Marketing and Communication

•          Manufacturing and Industrial Processing

•          Real Estate and Construction

•          Transport, Logistics, Business and Professional Services


NEIP VISION

Consolidating it middle-income status, building an industry-driven economy capable of providing decent jobs that are suitable and sustainable for development.


The NEIP objective

President Addo Dankwa Akufo-Addo believes that, “those who set up businesses must succeed for them to create wealth and employ more people. This is the surest way to turn our beloved country fortunes around”

About NEIP

The National Entrepreneurship and Innovation Plan (NEIP) is a flagship policy initiative of the government of Ghana with the primary objective of providing an integrated national support for start-ups and small businesses. NEIP primarily focuses on providing business development services; startup incubators and funding for young businesses to enable them grow and become successful.

The ultimate aim of NEIP is to enable entrepreneurs, empower innovation and accelerate job creation for Ghana’s teeming unemployed youth.


NEIP MODULES

Modules

•          INCUBATION PROGRAMME

•          NEIP INDUSTRIALIZATION PLAN

•          YOUTH ENTERPRISE FUND (YEF)

•          BUSINESS ADVISORY

MODULE ONE: - NEIP INCUBATION PROGRAMME

Startup businesses will be hand held to survive the initial pitfalls of entrepreneurs. It is a deliberate and conscious effort to provide young businesses with the tools and support they need to become successful.

Target

  • To work with at least 20 INCUBATION HUBS across the nation. Beneficiaries will be from all manner of fields and sectors.
  • About 10,000 young entrepreneurs shall be incubated throughout the year. Incubation will include aggressive skills development and training for various industries. Training and incubation will be on needs assessment basis.

Measurement

  • Number of direct businesses generated per annum by ‘incubatees’
  • Number of people employed per business per annum
  • Quality of entrepreneurs trained and ability to survive after incubation series

Impact

  • Creation of  sustainable employment
  • Income generation and Revenue for  companies
  • Skills transfer and a new wave of entrepreneurs
  • Economic empowerment

MODULE TWO: - NEIP INDUSTRIALIZATION PLAN (Greenhouse project & Ten Sub-contracting industries).

This is a deliberate and ambitious approach to farm fruits and vegetables in a controlled environment. It is a farm activity laced with technology, not dependent on rain but with amazing financial rewards. It has high impact in the sustainable jobs space and there is already an off-take from several companies both local and abroad.

Target

  • 1000 Green House Domes (100 per region)
  • Creation of ten sub-contracting industries  nationwide

Measurement Indicators

  • No of sustainable jobs created
  • Development of a Green House farming Ecosystem
  • Revenue Generation from harvest sales.
  • Import Substitution for fruits and vegetables
  • Export Drive for fruit and vegetables

Impact

  • Creation of 10,000 direct jobs through Green House farming (ten sustainable jobs per dome)
  • Creation of 4,000 indirect jobs (sustainable jobs through producing raw materials and installation of Greenhouse domes)
  • Transfer of skills and new technology in fruits and vegetable production
  • Improved standards in farming and marketing of fruits and vegetables

MODEL THREE: - NATIONAL ENTREPRENEURSHIP AND INNOVATIONS FUND (NIEF)

This fund is dedicated to youth in entrepreneurship. It exists as a Special Purpose Vehicle (SPV) to fund Young business as they cannot not access funding from banks and other financial institutions.

Target

  • Expected to realize GH¢10,000, 000 for the first year
  • Providing financial support for 200 scalable businesses per annum.

Measurement Indicators

  • The sustainability of the fund through prudent investments
  • Number of entrepreneurs funded and the return on investment
  • Number of sustainable jobs created by the beneficiaries of the fund

Impact

  • Establishment of  Sustainable businesses
  • Creation of sustainable jobs
  • Income generation and Revenue for businesses
  • Economic empowerment of Ghana’s new entrepreneurial belt

MODULE 4 –BUSINESS ADVISORY AND COMPETITIONS

Early stage business hunting and competitions to be selected for both funding and incubator hubs. This module is very critical for Business Development.

Target

Ten main sectors will receive premier attention.

•          Agri- Business and Agro- Processing

•          Information Communication Technology

•          Sports, Tourism and Recreation

•          Sanitation, Waste management, Green and Ecological Businesses

•          Health, Food and Beverages

•          Fashion (Clothing & accessories) and Beauty

•          Media, Marketing and Communication

•          Manufacturing and Industrial Processing

•          Real Estate and Construction

•          Transport, Logistics, Business and Professional Services


NEIP VISION

Consolidating it middle-income status, building an industry-driven economy capable of providing decent jobs that are suitable and sustainable for development.


The NEIP objective

President Addo Dankwa Akufo-Addo believes that, “those who set up businesses must succeed for them to create wealth and employ more people. This is the surest way to turn our beloved country fortunes around”

Contact Us

National Secretariat Office

Physical Address

Neip Office
Plot No. 7, Research Street
South Legon - Accra
Ghana

Telephone

+233 (0)29 900 3840
+233 (0)29 900 3841
+233 (0)29 900 3842

Enquiries

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FACEBOOK  : https://web.facebook.com/NEIPGHANA/

TWITTER     : @NeipGhana

YOUTUBE     : neipghana

 

WHATSAPP :          0244197372

 
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