Fri. Oct 30th, 2020

Ghana’s Youth To Benefit from More Opportunities Through Startup Ecosystem Mapping 

 

Ghana Startup Ecosystem Mapping was to ensure equitable access to opportunity for young people in the areas of employment innovation, entrepreneurship irrespective of where they come from,  Programs Partner of Mastercard Foundation, Mr. Chirag Shamdasani has said.

Mr. Shamdasani was speaking during the launch of the first-ever Ghana Startup Ecosystem

Website, which seeks to support, connect, and make accessible relevant information to startups and key stakeholders in the entrepreneurial ecosystem of Ghana.

The website was launched under the auspices of  Ghana Tech Lab and sponsored by Mastercard Foundation, in partnership with 13 hubs across the country in Accra.

According to the Programs Partner of Mastercard Foundation, under the Young Africa Works strategy of creating 30 million jobs across Africa by 2030, ‘‘Ghana is to create dignified and fulfilling work for 3 million young Ghanaians especially women’’.

He added that the partner hubs are supposed to be helping SMEs with the existing business to grow and scale-up and create more employment opportunities.

This he said is critical and is being done by supporting the partner hubs with resources in order for them to deliver in a high-quality manner.

He explained that Mastercard and GTL identified that the mapping must be done at the local level to get access to information from the 11 regions which did not exist previously.

‘‘So the idea of leveraging relationships and information made a lot of sense and we decided that we would support this on the onset and I think that the idea was that during the mapping and the team has done an incredible job in two months.’’

Daniel Kwabena Owusu, Ecosystem Mapping Lead explained that the Ghana Startup Ecosystem Website is an interactive ecosystem platform depicting the visual representation of the results from the data collection methods and has been transformed to influence policy and support discussions in the country.

He explained that it is focused on creating awareness on the state of the entrepreneurial ecosystem in respect to the 11 cities local entrepreneurship ecosystem and their socioeconomic benefits.

‘‘The Ecosystem Mapping Team focused on six pillars, namely; Media & Culture, Support & Infrastructure, Markets, Finance, Human Capital, Government, Policy and Regulations to gather data to scale up the entrepreneurial ecosystem,’’ he said.

Overall, 1600 entities across Wa, Bolga, Nalerigu, Tamale, Sunyani, Kumasi, Koforidua, Ho, Cape Coast, Takoradi and Accra were interacted with during the data collection process with the support of 12  tech hub partners he noted.

The Entrepreneurial Ecosystem Mapping Program forms part of the Pathways to Sustainable Employment (PaSE) Project in partnership with the Mastercard Foundation under the Young Africa Works initiative (YAW) to create 30 million jobs in Africa by 2030.