New Business Challenge Ghana 2019-2022

This project aims to stimulate youth employment and entrepreneurship are essential themes for the Netherlands embassy in Accra and the broader Netherlands policy. That is why the Netherlands embassy and RVO initiated the New Business Challenge Ghana.

The project will be extended for an additional three years, following five successful editions that resulted in employment, internships, start-ups, and enhanced job skills and entrepreneurial abilities for Ghanaian and Dutch students. Moreover, the project has also facilitated the discovery of new talent, fostered business opportunities, and promoted sustainable business practices for companies in Ghana and the Netherlands.
Again, students and recent graduates from the Netherlands and Ghana, forty each year, will work on business cases from at least four Dutch companies in Ghana and vice versa. Moreover, the network between the private sector, students and universities is further strengthened. More follow-up activities are organised to support the participants in their furture careers, either as employees or as entrepreneurs.

The Netherlands Embassy has launched the New Business Challenge as part of its efforts to promote youth entrepreneurship and employment. This initiative aims to foster synergy with other programs and contribute to the overall ecosystem.

MAK19GH02
Decent Work and Economic Growth

Project number

NL-KVK-27378529-MAK19GH01

Total budget

€ 719,539

Countries

Ghana

Project status

Finalised

Budget spent

100.00 %
100.00 % spent

Tied status

Untied
Startdate:
Enddate:

Project partners

Netherlands Enterprise Agency, SustainableMotion

Sectors

Small and medium-sized enterprises (SME) development
Transactions
TypeProviderProvider ref.ReceiverReceiver ref.Value (€)DateValue date
Incoming Funds 636,327.12 21-03-2019 21-03-2019
Incoming Funds 15,573.00 08-10-2019 08-10-2019
Incoming Funds 67,638.78 28-05-2020 28-05-2020
Outgoing Commitment SustainableMotion 636,327.12 21-03-2019 21-03-2019
Outgoing Commitment SustainableMotion 15,573.00 08-10-2019 08-10-2019
Outgoing Commitment SustainableMotion 67,638.78 28-05-2020 28-05-2020
Disbursement SustainableMotion 83,159.60 25-03-2019 25-03-2019
Disbursement SustainableMotion 83,159.60 05-06-2019 05-06-2019
Disbursement SustainableMotion 65,980.67 22-11-2019 22-11-2019
Disbursement SustainableMotion 54,110.22 23-06-2020 23-06-2020
Disbursement SustainableMotion 13,360.55 02-12-2020 02-12-2020
Disbursement SustainableMotion 86,920.00 07-07-2021 07-07-2021
Disbursement SustainableMotion 86,920.00 07-04-2022 07-04-2022
Disbursement SustainableMotion 86,920.00 29-07-2022 29-07-2022
Disbursement SustainableMotion 86,920.00 11-10-2022 11-10-2022
Disbursement SustainableMotion 43,460.00 10-11-2022 10-11-2022
Disbursement SustainableMotion 28,628.26 21-12-2022 21-12-2022