The Foundation has partnered GMIC for a special Information Communication Technology (ICT) Business Incubation and Entrepreneurship project with an amount of GHC308,000 for two years.
The project will entail the organization of an innovations competition to select 10 start-ups into a Business Incubator Programme.
The innovations competition will target final-year tertiary students with focus on ICT.
The selected persons will be trained in the areas of software development, programming and application development.
Speaking at the signing off ceremony at the Ministry of Communications, Serame Taukobong Chief Executive Officer (CEO) of MTN Ghana, said;
The signing of the special ICT Business Incubator and entrepreneur partnership attests to MTN’s commitment of leading the delivery of a bold, new digital world to their customers.
He added that ‘MTN is excited about this business incubator partnership because research has shown that most small businesses don’t make it to their fifth anniversary. In fact, according to the U.S. Small Business Administration, only 44 percent make it past four years. In Africa, the situation is worse. Business incubators exist to help businesses improve their survival rate, especially through the formative period.
Dr Omane Boamah, Minister of Communications, said;
Business incubation was very important because it challenged the minds and demand creative thinking.
He said business incubation would help generate descent jobs for the unemployed youth and commended MTN Foundation for the support.
My Dear Reader
Great Move MTN!!! We Hope To See More From you and other big corporate organizations in Ghana