The Venture Capital Trust Fund (VCTF) will this week unveil yet another initiative aimed at addressing the stiff access to capital for early-stage entrepreneurs.
The Trust Fund is preparing to launch an Angel Investor Network in Ghana. The Network to be dubbed the Ghana Angel Investor Network (GAIN) will provide a platform for high networth individuals and accomplished entrepreneurs to invest in early stage businesses.
The combination of improved business climate and strong economic growth has anchored an age of entrepreneurship, where individuals are now willing to deploy skills and knowledge to unearth latent opportunities within the various sectors of the economy. However, the most significant impediment to transforming ideas into problem-solving businesses that create jobs and wealth is the dearth of capital to support early stage entrepreneurs in Ghana. GAIN is designed to blow away this hurdle and augment current efforts to spur entrepreneurship in Ghana. It is envisa...