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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).
The ministry was tasked with the promotion of micro and small enterprises. The Small Industries Development Organisation was under the control of the ministry, as was the National Small Industries Corporation Limited public sector undertaking). The Small Industries Development Organisation was established in 1954.
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 ...
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 ...
More than 51% of these industries are located in rural areas. [2] Major industrial sectors include electrical and electronics , leather , auto parts , pharmaceuticals , energy equipment , jewellery , pollution control , sport goods , building material , garments , food processing , plastic and rubber .