[ 2021-01-29 ]

Ghana Start-up Bill Technical Working Committee resumes work

By Eric Appah Marfo

Accra, Jan. 29. GNA — The Technical Committee
set up by the erstwhile Ministry for Business
Development to draft the Ghana Start-up Bill has
resumed sitting.

The Committee, made up of the private, public
sector and civil society is mandated to consult
stakeholders and start-up ecosystem players to
draft an all-inclusive Start-up bill.

The Bill, when passed will set up an incentive
framework for the creation and development of
Start-ups in Ghana to promote creativity,
innovation and the use of new technologies in
achieving a strong added value and competitiveness
at the national, regional and district levels.

It would also provide legal backing for the
introduction and promotion of Start-ups for jobs
and wealth creation.

The Private sector is represented by the Private
Enterprise Federations (PEF), Ghana Chamber of
Young Entrepreneurs (GCYE), Ghana Hubs network and
the Ghana Start-up Network.

Government is also represented by the National
Entrepreneurs and Innovation Programme (NEIP) and
Civil Society by I4policy.

GIZ Make IT is providing funding support.

Speaking at a committee meeting held on Thursday
in Accra, Mr Sherif Ghali, Coordinator of the
project, indicated that the Committee engaged
stakeholders last year to draft the bill and were
currently at the final stages of the process.

“As at now, we have the third draft of the Act
which has gone through several stakeholder
engagements. We are now working to finalize it and
carry out our last engagements with the start-ups
and other relevant stakeholders before we present
it to the sector minister,” he said.

He said by end of February 2021, the Committee
would have finished its work and submitted the
draft bill to the Ministry of Trade and Industry,
Attorney General, Parliament and the Office of the
President.

Source -

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