Contact Enquire Link Twitter Skype Facebook
Other News Items
Unemployed Graduates To Be Equipped With Business-Focussed Skills

Government, as part of moves to tackle the high graduate unemployment situation in the country, yesterday launched a comprehensive plan to help unemployed graduates start their own businesses.

The Graduate ...Read more

Govt Launches Initiative To Solve Graduate Employment

The government, in partnership with the private sector, has launched a significant initiative sector, has launched a significant initiative with the target to equip 10,000 university graduates with business-focused skills ...Read more

GEBSS Opens Big Opportunity TO Unemployed Graduates

To Raise 100 Business Moguls Out Of 10,000 Beneficiaries Every Year

A new innovation, Graduate Business Support Scheme (GEBSS), designed to tackle the hydra-headed problem of graduate unemployment in the ...Read more

Govt Launches Initiative To Solve Graduate Employment Share

The government, in partnership with the private sector, has launched a significant initiative sector, has launched a significant initiative with the target to equip 10,000 university graduates with business-focused skills and the requisite professional exposure to enable them to start their own businesses.

Christened: Graduate Business Support Scheme (GEBSS), the four-tier initiative intends to ultimately turn 100 graduates with the soundest and most realistic business proposals into business moguls annually.



The scheme is a collaborative between the Ministry of Employment and Social Welfare and the Graduate Business Support Scheme Limited (GBSSL), with support from the Management Development and Productivity Institute (MDPI), the Ministry of Finance, the Ministry of Local Government and the Ministry of Youth and Sports.

Under the scheme, the 10,000 graduate to be recruited will go through a five-day intensive nationwide business training to build their competencies to enable them to identify opportunities on how to set up their own businesses.

The number will then be trimmed to 2,000 who will further be trained on business knowledge and business advisory clinic at a 10-day regional workshop, Five-hundred of them will then be selected for another 10-day executive training, a three-month local industry attachment and a three-month incubation period.

The final 100 will have the opportunity to attend a five-day executive training with a month-long international attachment exposure and a three-month incubation support, after which they will be given financial support based on their business proposal to start their own businesses.

The Employment and Social Welfare Minister, Mr E. T. Mensah, who launched the scheme yesterday, said there was a mismatch between what the educational institutions were producing and what the labour market was demanding.

The situation, he noted, had been the result of the “long period of unemployment for our young people”, noting that long periods of job seeking or low skill and precarious work were detrimental to young people and also impacted negatively on economies and society.

He indicated that the recent strife in North Africa, the Middle East, Europe and other part of the world were clear signals to Ghana to confront the root causes of unemployment, adding that a concerted and deliberate effort was required to solve the increasing unemployment rate in Ghana.

Mr Mensah expressed the hope that the scheme would at the end of each year present a multiplicity of businesses in the country to employ hundreds of unemployed Ghanaians.

For his part, Dr Ahmed Gariba of MDPI underscored the need to formalize the country’s informal sector businesses which he said was a buoyant sector where most private sector companies operated.

He observed that the country’s “tertiary institutions do not teach how to think outside the box”, adding that they were not designed to produce people for the labour market.

Dr Gariba recommended what he termed a transitional programme for university graduates to prepare them from the world of academia to the job market.