The Venture Capital Trust Fund (VCTF) says it will create about 6,000 jobs if they are able to increase their total pool of funds to exceed $100million to support Small Medium Enterprises (SME’s).
The Trust Fund with a starting seed capital of $ 22.4million in 2006 was able to create an estimated 1,400 jobs in its participating communities and farmer-based organizations (FBO) with an over GHC45, 400 paid to communities as local council tax.
The Venture Capital Trust Fund was established by the Government of Ghana to provide capital to SMEs and to promote the Venture Capital industry in Ghana.
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