About GETP

The Ghana Enterprises Agency (GEA) – an agency under the Ministry of Trade and Industry, is one of the key Technical Implementing Agencies (TIAs) through which the World Bank Funded Ghana Economic Transformation Project (GETP) is deploying grants as part of government’s initiatives to promote private investments and firm growth in non-resource-based sectors.
GEA is implementing the second phase of the COVID-19 Response Grant programme to provide liquidity and support for Small and Medium Enterprises (SMEs) to enable SMEs to adjust, and to grow out of the COVID-19 crisis in selected sectors of the economy. The nationwide grant programme will focus on only SMEs most impacted by the COVID-19 pandemic, as well as those who showed resilience during the pandemic. This second phase of the COVID-19 Response Grant programme will focus strongly on exporting firms and export-oriented SMEs.

Phase One of the COVID-19 Response Grant Programme commenced in June 2021. Phase Two will be rolled out in July 2022 and expected to spur the economic recovery of SMEs.

Expected Grant Size

A sum of US$5 million (cedis equivalent) has been disbursed to over 370 SMEs during the Phase One between September 2021 to March 2022. An additional US$5 million has been earmarked for the Second Phase of the COVID-19 Response Grant which will target another 350 SMEs.

Results and Early Impact of the Grant

  • COVID-Response Grants awarded to over 370 SMEs valued at over GHS28.7 million
  • The COVID-Response Grants have been advanced to 158 women-owned enterprises out of the 370+ SMEs at a value of GHS10.5 million.
  • Over 90% satisfaction rate (based on an online survey in March 2022)
  • Beneficiaries of the GEA SME Grant Programme have created a minimum of 134 (82 males; 52 females) new permanent and 156 (76 males; 80 females) new casual jobs between September 2021 to March 2022.
Learn about Eligibility Requirements for the COVID-19 Response Grant programme
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