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The Ghana Enterprises Agency (GEA) is a Ghanaian government agency under the Ministry of Trade and Industry. [1] [2] The GEA is mandated by the Ghana Enterprises Agency Act, 2020 (Act 1043) to promote and develop MSMEs in Ghana. [3] It replaced the National Board for Small-Scale Industries (NBSSI).
It works in association with the National Small Industries Development Corporation. [3] Apart from acting as the dispenser of government subsidies for starting a new small scale industry, the Kerala SIDCO provides technical assistance, training, and also connects up the aspirant industrialists to suppliers of raw materials as well as machinery ...
The now-defunct Ministry of Agro and Rural Industries had the objectives of facilitating coordinated and focused policy formulation and effective implementation of programmes, projects, schemes, etc., for improving supply chain management, enhancing skills, upgrading technology, expanding markets and capacity building of entrepreneurs/artisans and their groups/collectives.
Industry in Ghana accounts for about 24.5% of total GDP. [1] However, Ghana's industrial production is rising at a 7.8% rate, giving it the 38th fastest growing industrial production in the world [ 2 ] due to government industrialization policies.
According to the SANDAG survey, over 70% of small-business owners in this sector reported a large negative effect, and 62% believed it would take more than six months to recover.
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organizations such as the World Bank, the OECD, European Union, the United Nations, and the World Trade Organization (WTO).
National Small Industries Corporation Limited (NSIC) is a Mini Ratna government agency established by the Ministry of Micro, Small and Medium Enterprises, Government of India in 1955 [4] [5] It falls under Ministry of Micro, Small & Medium Enterprises of India. NSIC is the nodal office for several schemes of Ministry of MSME such as Performance ...
Small Industries Development Corporations ('SIDCO') are state-owned companies or agencies in the states of India which were established at various times under the policy of Government of India for the promotion of small scale industries. [1] [2] A few of the SIDCOs are: Kerala Small Industries Development Corporation Limited (Kerala SIDCO)