Govt presents 170 industries with GH41 million grants The Skills Development Fund (SDF) has awarded grants, totaling GH¢ 41.3 million to 170 small, medium and large-scale enterprises. The grant is towards the upgrading of technology and skills to increase productivity in the country. Among the beneficiaries are the University of Cape Coast, Directorate of Research and Innovation, Ghana National Association of Poultry Farmers, Family Health Hospital and the Association of Oil Marketing Companies. The Fund is an initiative of government and managed by the Council for Technical and Vocational Education and Training (COTVET). The World Bank has so far supported it with $50 million credit facility and DANIDA $10 Million. The Fund has since 2011 approved $39 million to more than 400 firms, science and research institutions, trade associations and farmer based groups.
Posted on: Fri, 01 Aug 2014 09:01:25 +0000
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