The Ghana Enterprises Agency (GEA) has started disbursing Ghana Economic Transformation Project (GETP) grant

The beneficiaries, under the third tranche of the grant, were selected out of 8,000 applicants after meeting the rigorous criteria designed by the GEA, World Bank, and other partners.

Out of 8000 applicants, 4000 were selected and 373 businesses have benefited.

They are owners of small businesses in agro-processing, food and beverage, health care, and manufacturing industries across the country and are receiving between GHȼ10,000 and GHȼ20,000 grants to support their operational costs, including the purchase of raw materials, equipment, excluding the payment of salaries.

The Chief Executive Officer (CEO) of the GEA, Mrs. Kosi Yankey-Ayeh, at an orientation and signing agreement ceremony for the beneficiaries in Accra today stated that the fund was set up to support Ghanaian SMEs to unlock their potential and become global giants.

She also advised them to used the money for their business, not for upkeep.