The Entrepreneurship Development component was designed to assist MSMEs with local entrepreneurs to establish their businesses. It is expected that the growth in the businesses of these entrepreneurs will act as a magnet to draw more people to become entrepreneurs
There are seven sub-components under the Entrepreneurship Development component, and these are;
The Information Technology Enables Services (ITES) department of the Ministry of Communication (MoC) is the implementing agency for this component. The objective of the component is to facilitate the design and construction of the first phase of the first ICT Park in Ghana. The ICT Park will be situated at the Tema Export Processing Zone.
An architectural firm has completed the development of concept design and architectural drawings, and processes are underway to select a contractor to commence civil works.
Improvement of Water Supply at the Tema Export Processing Zone
The Government of Ghana leased a 1,200-acre piece of land in 1996 at Tema to serve as the “Tema Export Processing Zone” (TEPZ). The purpose of this enclave is to house companies which employ local manpower to produce goods for the export market, thereby earning some foreign exchange for the country. There are some 47 companies operating from the TEPZ as at June 2011.
There are two water reservoirs with a total capacity of two million (2,000,000) gallons serving companies in the MPIP, but this is not enough. As more companies move into the enclave, the situation will worsen. The MSME Project is providing funds to procure and install equipment at the MPIP to improve the water situation.
Designs and specifications have been developed, and efforts are being made to locate an ideal piece of land to install the equipments.
Installation of Transformers at the Garments Enclave
The MSME Project is providing funds to facilitate the procurement and installation of electrical transformers at the Garment Producers’ Enclave at Adjabeng in Accra.
The Ministry of Trade & Industry has established a Garments Producers’ Enclave at Adjabeng in Accra, but unfortunately, the enclave is suffering from excessive power fluctuations and outages – which make it impossible to engage in any meaningful and sustainable production. The MSME Project paid for a consultant to assess the nature and extent of the problems at the enclave, provide the specifications of the transformers to be bought, and supervise the procurement and installation of these transformers.
A contractor has been selected to procure and install the transformers. By December 2011, the transformers should have been installed at the Garment Producers’ Enclave at Adjabeng, Accra.
Research Into Creative Industries
Ghana has a vibrant creative industry which receives very minimal support from the Government at the moment. The creative industries in Ghana have contributed in diverse ways to portray Ghana as a very appealing tourist destination, yet efforts are largely uncoordinated.
The MSME Project has hired a consultant to co-ordinate and supervise activities that will lead to the provision of data on the prospects and growth of the Creative Industry. This will serve as the nascent stage in the development of a viable Creative Industry.
Rural Technology Facilities
The Rural Enterprises Project (REP) is the implementing agency for this component, which aims to construct and equip three Rural Technology Facilities (RTFs) in Damongo, Awutu Senya and Somanya. RTFs are centres (located mostly in rural areas) that are equipped with various common service machinery to serve artisans and crafts workers in the areas where they are located.
Advertisements have been placed in the Daily Graphic and Ghanaian Times for the construction of three Rural Technology Facilities (RTFs), and the procurement of vehicles for these RTFs.
Abrafo Craft Villages
Under this sub-component, the MSME Project is providing funds to design, construct and equip a training facility at the Abrafo Handicraft Production Centre in Cape Coast. The Central Region Development Commission (CEDECOM) is implementing this sub-component. CEDECOM is in the process of recruiting a contractor to construct the training centre.
Tourism Value Chain
Under this sub-component, the MSME Project is funding a study of tourism value chains in the Central and Western regions of Ghana. It is expected that the study will unearth the yet untapped linkages between various tourism components and make recommendations for exploiting this to the advantage of local businesses in these areas and contribute to shared growth and development of the country as a whole.
CEDECOM is implementing this activity, and are in the early stages of the procurement process. It is hoped that the study will commence before December 2011.