The Chief Executive Officer of the National Entrepreneurship and Innovation Programme (NEIP), Eric Adjei, together with his deputy and the NEIP management team, has held strategic talks with the Venture Capital Trust Fund (VCTF) to strengthen collaboration aimed at supporting beneficiaries of the 'Adwumawura' Programme.

The meeting focused on developing sustainable financing pathways to enhance the long-term viability, scalability, and economic impact of businesses emerging from the programme.

Both institutions underscored the importance of moving beyond short-term grants by creating structured financial support systems that will enable young entrepreneurs to grow competitive, job-creating enterprises capable of contributing meaningfully to Ghana’s economy.

As part of the renewed partnership, the VCTF reaffirmed its commitment to serving on the Grant Management Committee and announced plans to establish a dedicated Adwumawura Fund.

The fund will specifically target high-impact businesses graduating from the programme, providing continuous financial backing beyond the initial grant phase.

According to Eric Adjei, the initiative is designed to ensure that promising startups are not left stranded after receiving seed funding but are instead supported through growth stages with patient capital and technical guidance.

The collaboration aligns with President John Dramani Mahama’s RESET Agenda, which prioritises sustainable job creation, youth empowerment, and private sector-led economic transformation.

NEIP management expressed confidence that the strengthened partnership with VCTF will significantly improve access to capital for young entrepreneurs and accelerate the creation of resilient businesses across the country.