Vodafone Ghana has instituted a programme to provide advice and investment opportunities for SMEs, as part of establishing its commitment to these businesses in Ghana.
This is in a partnership struck between Vodafone, NexInnova, and Meltwater Entrepreneurial School of Technology (MEST), in which the telecom company aims to foster innovation and creativity for SMEs whilst making them competitive, globally.
As part of the programme, Bizlynx – a common network through which the partnership would operate, was launched last week.
Bizlynx which will be a three-phase programme, will advance local innovation, digitalisation while creating a pipeline of investment prospects in order to address the business challenges of these small and medium companies.
Speaking on the development, Director of Vodafone Business Solutions; Angela Mensah-Poku, said: “we are excited about this unique programme, which will help address two of the key challenges facing our SME customers – innovation and funding. We are persuaded that this initiative will transform the face of SMEs in Ghana and, to some extent, the sub-region.”
At the end of the programme, participating SMEs will be given the opportunity to pitch their businesses to a panel of investors for partnership and financial support.
Over the years, Vodafone has become the nerve center for SMEs — equipping them with technological solutions as well as skills and knowledge to become impactful and scalable. Currently, SMEs make up 25% of Vodafone’s Enterprise revenue portfolio.