Know the Ghana Innovation & Startup Bill
Overview of the Bill
The Ghanian Innovation and Startup Bill project is a joint initiative by Ghana’s private sector and the Government to enhance the startup ecosystem through co-created legislation. The Bill will establish various principles and support legislation required to promote entrepreneurial development in Ghana. The bill will create an enabling environment for startups’ growth, attraction, and investment protection.s
Timeline
News and Updates
GHANA DIGITAL CENTERS’ CEO VOLUNTEERS TO SUPPORT
GHANA STARTUP BI The Technical Working Committee of the Ghana
Start-ups need support mechanism to make profit – Sherif Ghali
Coordinator for Ghana Startup Bill Technical Working Committee, Sherif Ghali
Draft Start-up Bill goes through validation
The Netherlands Development Organisation (SNV) has, through its Boosting Green
Have some ideas or want to contribute to the Bill? Share
The Ghana Innovation and Startups Bill
The Bill will provide an incentive framework for the creation and development of Startups in Ghana to promote creativity, innovation, and new technologies in achieving substantial added value and competitiveness.
Note: The Bill is still undergoing some reviews, so the final version might vary. This is the current version of the draft bill.
The Technical Working Committee
The GSIB committee comprises representatives from the National Entrepreneurship and Innovation Programme, The Ghana Digital Centers, the Ghana Chamber of Young Entrepreneurs, the Ghana Hubs Network, the Ghana Startup Network, and the Private Enterprise Federation.
Frequently Asked Questions
The Ghana Innovation and Startup Bill is a proposed legislation aimed at fostering innovation, entrepreneurship, and the growth of startups in Ghana.
This bill is important because it provides a legal framework to support and promote innovation and startups, which can boost economic growth, create jobs, and drive technological advancement in Ghana.
The bill include provisions related to funding mechanisms, tax incentives, intellectual property protection, regulatory simplification, and support for research and development.
The bill is expected to provide startups with access to funding, reduce bureaucratic hurdles, protect their intellectual property, and create a favorable ecosystem for growth.
At the moment the bill is undergoing final stakeholder engagement pending to be presented to parliament through cabinet for passage earlier next year.
Startups and entrepreneurs can consult with legal experts, industry associations, and government agencies to understand the specific provisions and benefits available to them under the bill.
The bill may cover a wide range of businesses and innovations, but it’s important to review the specific language of the bill to determine eligibility criteria.
The bill may include provisions for financial support, such as grants, loans, or subsidies. Entrepreneurs should explore the bill’s details to learn about available funding opportunities.
You can stay updated by regularly checking government websites, following news related to innovation and entrepreneurship in Ghana, and subscribing to newsletters or updates from relevant authorities.
Yes, You can contact your local representatives, government agencies, or industry associations to express your views and suggestions.
Government and Development Partners
Ecosystem Partners
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