UNIDO announces $3.9m support project for MSMEs

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The United Nations Industrial Development Organization (UNIDO) and the Ghana Enterprises Agency (GEA) have launched a $3.9 million programme aimed at scaling up Ghana’s national initiatives on Micro, Small and Medium Enterprises (MSMEs) promotion.

The ‘call for proposal’ under the joint implementation of UNIDO and the GEA is part of activities of the project “Expanding the Kaizen Initiatives by Enhancing Sustainable Agri-Business”, funded by the government of Japan to sustainably and continually improve quality and productivity of businesses in Ghana.

Project Manager, Marin Mizuno, noted that acquiring proper enterprise performance management skills is crucial to the sustainability of MSMEs and enterprises growth.

“In this difficult time, the only control at our disposal is our own internal resources, which we can maximize to improve enterprise performance. And in this regard, I strongly believe that the Kaizen approach, which leverages on the efficiency of internal resources, is the perfect tool for MSMEs to cope with the current difficulties,” he said.

He emphasised that UNIDO’s Smart and Sustainable Agri-business, an innovative enterprise performance management tool which leverages on digital solutions to productivity improvement will contribute to modernising enterprise performance management in the MSMEs space.

Coordinator for Economic Cooperation of the Embassy of Japan in Ghana, Tetsuya Imaoka, revealed the philosophy of Kaizen is to improve the enterprise performance by maximising the efficiency with the available resources, rather than resorting to huge capital investment.

UNIDO announces $3.9m support project for MSMEs

“I believe Japanese technology, experience and wisdom through a variety of methodologies and approaches is exactly what is needed in Ghana, especially for micro, small and medium enterprises as we go through a very difficult time”, he stated

The Chief Executive Officer of the Ghana Enterprises Agency, Kosi Yankey-Ayeh, stated that the project is going to stimulate the National Expansion Drive for MSMEs with emphasis on production, efficiency, food safety and compliance to make them more efficient and competitive.

“We are committed, prepared and well-positioned to partner with UNIDO to ensure the smooth commencement and successful implementation of the project”, she maintained.

UNIDO announces $3.9m support project for MSMEs

MSMEs who meet the selection requirement would be selected for Kaizen and SSAB training. The selected MSMEs will also benefit from the capital investment component of the project.

The ‘Call for Proposal’ for this programme will be open until April 30, for the enterprises to apply.

The selection will be duly conducted for the final nomination of the enterprises to be supported under the programme.

Source: Myjoyonline

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