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The Minister for Trade and Industry, Dr Ekwow Spio-Garbrah, has stressed the need to instill the entrepreneurial spirit in the youth and support, and nurture new and young firms for a vibrant entrepreneurial economy in Africa.
Dr Spio-Garbrah, who was speaking at the launch of Global Entrepreneurship Week (GEW) in Accra last week, said entrepreneurship played a key role in capital formation and the promotion of economic growth.
He said government was anxious to re-examine the contribution of entrepreneurship development, adding that companies needed to be promoted to become globally competitive.
This, he said, required companies to develop the appropriate skills and to learn to do business to effectively impact on national development.
He, therefore, pledged government’s support for GEW and urged public service institutions to endeavour to become entrepreneurs.
In a statement, Mr Stephen Gyasi-Kwaw, Founder and Chief Executive Officer (CEO) of Youth Enhancement International (YEI), official host of GEW said GEW was a worldwide movement of entrepreneurial people more than just an awareness campaign.
Mr Gyasi-Kwaw said it was a platform for connection and collaboration—engaging all players along the entrepreneurship spectrum in strengthening ecosystems around the world.
For his part, Dr Michael Agyekum, CEO of KAMA Group of Companies, said the future of Ghana’s economy would be determined by the number of jobs created.
Dr Agyekum said entrepreneurship was a revolution and that the way forward for Ghana was industrialisation and the development of appropriate software.
Global Entrepreneurship Week (GEW) is the world’s largest celebration of the innovators and job creators, who launch startups that bring ideas to life, drive economic growth and expand human welfare.
During one week in November every year, since 2008, GEW has been organized to help inspire people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators.
These activities, from large-scale competitions and events to intimate networking gatherings, connect participants to potential collaborators, mentors and even investors—introducing them to new possibilities and exciting opportunities.
FYI CEO, Mr Gyasi-Kwaw, is leading the 2014 GEW Ghana campaign. He had helped triple the size of the national campaign from 20 events in 2012 to 60 in 2013 and spoke about the importance of the growing network while at the Global Entrepreneurship Congress (GEC) in Moscow in March, this year, which brought together Business Leaders from over 150 Countries .GEW 2014 comes off in Accra from the 17th to the 25th of November.
Source: ISD (G.D. Zaney)