The government committee is currently working on a startup up act for local startups in Ghana.
Scope Of The Proposed Bill
The committee, which has a mandate to within three months engage widely with all relevant stakeholders to come out with a draft Ghana Start-up Act, will among other things deliberate to;
- 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.
- Provide the legal backing for business starting and promotion of Start-ups for decent job and wealth creation, in accordance with the SDG 8, among others.
The Startup Bill which was launched two months ago has had three different consultations with stake holders.
The following are stakeholders who are currently in consultation with government on the draft of the bill:
- Ghana’s National Entrepreneurship and Innovation Program (NIEP)
- Ghana Chamber of Young Entrepreneurs (GCYE)
- Ghana Start-up Network (GSN)
- Ghana Hubs Network (GHN)
- i4Policy and Private Enterprise Federation (PEF) with funding and technical support from GIZ Make IT.
- A Technical Working Committee, made up of experts and the ecosystem enablers has equally been set up to champion the advocacy action for the development and enactment of the proposed Ghana Startup Act.
Source: Joy News