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NBSSI COVID-19 Emergency Relief Fund Ghana : ghrecoveryprogram.com

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Organization Name : National Board for Small Scale Industries
Facility Name : COVID-19 Emergency Relief Fund
Country : Ghana
Website : https://ghrecoveryprogram.com/

COVID-19 Emergency Relief Fund Ghana

Complete your COVID-19 Emergency Relief Funding Application

Eligibility Criteria

1. Applicant’s Requirements :
** Proof of business operations
** Description of Business (i.e type personnel, customer, suppliers etc.)
** Financial details (i.e Sales, cash flow statement, profit & loss extract)
** Detail of product and services
** Demonstrate that COVID-19 had had negative impact on your business

2. Micro, Small and Medium Enterprises (MSMEs) with activities drastically slowed by the COVID-19 pandemic in many ways including
** Production and supply chain disruptions, shortages and delays
** Reduced consumer demand for products and services
** Reduced capital and investment flows
** Labor shortages due to social distancing regulations

3. MSMEs providing services in demand during the pandemic and that have capability to grow and positively impact communities affected by the pandemic

How It Works?

Steps :
Step 1 : Complete Application Form
We have built a seamless and simple funding application process for you. Ensure that you have all relevant information handy so you can sail through the application

Step 2 : Application Review
Upon completion of your funding application, you will be shown a Review Page. Thoroughly review all your inputted information before hitting submit. This will enable us to serve you as quickly as possible

Step 3 : Receive Funds
Upon submission, our team will review your application. Once everything is satisfactory, you can expect to receive your funds in the mobile wallet or bank account you selected within 2 weeks. Sit tight while we work for you.

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About the Programme

The COVID-19 pandemic has drastically slowed economic activities for Micro, Small and Medium Enterprises (MSMEs) in many ways including
** Production and supply chain disruptions, shortages and delays

** Reduced consumer demand for products and services
** Reduced capital and investment flows
** Labor shortages due to social distancing regulations

The NBSSI Mastercard Foundation Recovery and Resilience Program for MSMEs has been set up to provide financial and business advisory support to MSMEs and start-ups weather the economic downturn caused by the COVID-19 pandemic.

Particularly, the Programme will focus on:
** MSMEs who need support to survive the COVID-19 pandemic

** Businesses in growth sectors where the employment of young people, especially young women, will be negatively impacted as a result of business operation disruptions, supply chain challenges, liquidity shortages, declining sales and profits, and business closures

** Businesses providing services that will be in demand during the pandemic and that have the potential to grow and positively impact communities affected by COVID-19

** Businesses that will focus on digitization to support MSMEs

FAQs

1. Can I apply if I am not Ghanaian?
Non-Ghanaians are not qualified to apply. However, if your company has a Ghanaian shareholder with over 50% ownership of the company, it may apply.

2. Can I apply if I have no audited financial statements?
Yes. You will be required to provide basic information on your business such as total revenue/sales and total expenses, but do not need to have documents prepared by an accountant.

3. Must I have a TIN to apply?
Businesses and Individuals must have a Tax Identification Number (TIN) as mandated by law. Visit https://gra.gov.gh/tin to apply for a TIN or visit the nearest Ghana Revenue Authority office, if you do not already have a TIN.

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