The Youth Sector Engagement Group (Y-SEG) yesterday launched the “Business Solutions for Young Entrepreneurs” in Accra to provide business recovery and resilience support to young entrepreneurs.

The 3-month programme, will focus on providing business development support, facilitate engagements with 100 young entrepreneurs towards mitigating the challenges posed by the pandemic, and to promote recovery and resilience of youth-led businesses beyond the pandemic.

It would be carried out in partnership with Africa Aurora Business Network (AABN), Ghana Chamber of Young Entrepreneurs (GCYE) and Young Professional in Agricultural Development (YPARD) and Young Men’s Christian Association (YMCA).

Dr Sherif Ghali, Chief Executive Officer of GCYE, said a survey conducted during the partial lockdown showed that 80 percent of young entrepreneurs were struggling due to measures implemented by Government.

He said these measures which drastically reduced economic activities meant that one out of every four businesses was closed down and that, called for urgent technical and financial support.

The CEO encouraged participants to take the programme seriously and called on stakeholders and partners to come on board to support the initiative.

Source: GNA