Stimulus Package: Over 160,000 Ghanaian Businesses Apply

The Government of Ghana CAP Business Support Scheme (CAP BuSS) has gotten more than 170,000 fruitful enrollments on the online page, with around 65 percent of this number effectively finishing their applications.

As per the National Board for Small Scale Industries (NBSSI), payment of the cash would start shortly.The package is to ensure that, persevering Ghanaian Micro, Small and Medium Enterprises (MSMEs), who are the foundation of the economy, get essential help with these tough situations of COVID-19.

A released data shows that the Ashanti Region of Ghana had recorded the most noteworthy number of applications at 28.6% of all out applications. Following the table is the Central with 13%, Greater Accra – 12%, Eastern–11.5%, trailed by other regions.

Per the data, female candidates comprise 61% and the males, 39%.

To additionally guarantee all qualified but MSMEs effectively get to the CAP BuSS, some selected staff of NBSSI and people from the CAP BUSS Steering Committee are going on visits across the country to check on trade and business associations and market centres the country over.

The nationwide visits are for reasons for versatility and to ensure that all other distraught groups effectively get to the program and have significant information to work with, just as give the NBSSI understanding into real factors and challenges of the mediation.

The Coronavirus Alleviation Business Support Scheme, which was propelled on May 19, 2020, by Ghana’s President Nana Addo Dankwa Akufo-Addo, frames some portion of the Government of Ghana’s Coronavirus Alleviation Program (CAP) proposed to offer help to MSMEs adversely affected by the Coronavirus pandemic.

The board of the CAP BuSS Program is being facilitated by NBSSI, an government subvented organization under the Ministry of Trade and Industry (MoTI) ordered by an Act of Parliament to develop, reinforce and support MSMEs in Ghana.