ITC Introduces Tech Entrepreneurship Ecosystem Mapping report
The International Trade Center (ITC) through its Netherlands Trust Fund V (NTF V) Tech project in Ghana on Wednesday, May 18, 2022, publicly introduced the Tech Entrepreneurship Ecosystem Mapping article to help new businesses and agri-specialists in increasing their production.
The NTF V program is dependent on a mutual agreement endorsed by the Ministry of Foreign Affairs of The Netherlands and the UN International Trade Center (ITC).
It will run till June 2025.
Its aspiration is to help MSMEs and their natural systems in the modern digital technologies and agribusiness areas, connecting up both for collaborations and business opportunities.
The program covers the two areas in Ethiopia, Ghana, and Senegal, and the digital technologies area will be in Benin, Ivory Coast, Mali, and Uganda.
Following work by the ITC in Ghana where prominent participants in the agribusiness and tech area have been locked, a report has been assembled specifying difficulties and areas lacking in the ecosystem and how they can be tended to.
Among the difficulties, the report recognizes insufficient delicate skills and supervision, absence of readily available investors, various missing linkages, absence of global opportunities, and numerous others as significant gaps.
For the time being, the report suggests a rising spotlight on Agri-tech and consciousness of its chances and appeal.
While the report proposes expanding subsidizing opportunities for businesses, it suggests that in the long haul, a digitalized business center point ought to be made to advance cooperation.
Addressing ModernGhana News on the side with the ongoing launch of the report held at the Ghana Tech Lab, Associate Expert, Tech Sector Development at International Trade Center, Milou van Bruggen made sense of what went into the report talking about, “We really looked at what are the gaps and we created recommendations which we have been discussing today how to take this forward.”
She got out whatever the ITC is planning to do with the report which is to see which system participant can fit in what suggestions, work with them, and take a gander at how to get support from her outfit, the public authority, or some other partner.
“Who we mainly aim to work with is the tech hubs and the government-related bodies that focus on digital ICT so perhaps the Ministry of Communication. So those are the main players but then the tech startups as well,” Milou van Bruggen shared.
She communicated her appreciation to the Ghana Tech Lab, saying that the lab has been at the focal point of everything as an extraordinary accomplice.
On her part, Julia Zietemann, an Associate Program Officer at ITC added that albeit an environment is now set up in Ghana, the report was essential since it has become clear there isn’t much joint effort occurring in the space of data sharing.
She said it is because of this that the ITC is fostering a typical data set and organization for all players in the biological system to interface.
“There have been a lot of reports out there but I think most of the reports get stuck at the writing report level. That’s why we came together here today where we try to provide a wide range of different stakeholders because what we have been seeing when going through the past reports is that there was a change but most of the things remain the same,” Julia Zietemann indicated
In a meeting, National Project Coordinator for the Netherlands Trust Fund V program, Isaac Newton Acquah revealed that his office is working with 25 new businesses including tech organizations to assist with increasing their production.
“We are working with tech hubs, we are working with government agencies to see how we can help them connect with some of the companies that we are working with. We are looking at how we integrate everyone to see how the ecosystem works, their challenges, and their strengths,” he said.
As per Isaac Newton Acquah, subsequent to uniting the different partners for the introduction of the Tech Entrepreneurship Ecosystem Mapping report, the concentration presently is to make sure that different issues distinguished are tackled.
He said the NTF V is adamant to see the report as sensible and significant to prompt methodical change.
“We want to see what we can do in the three years to strengthen the ecosystem to make it better than we came to meet it. To make it resilient, more connected, stronger, vibrant, and have the right people talking to each other,” the NTF V Project Coordinator stressed.
For maintainability, Isaac Newton Acquah adds that his office is entrusting the Ghana Tech Lab to hold a meeting in two or three months to monitor the advancement of work.
Addressing Ammishaddai Ofori who is the Lead expert with Business Development Advisory Consultancy after the event, he communicated trust in the work being finished by Isaac Newton Acquah and the NTF V.
He said he has no concerns or fears that with the work of NTF V Project facilitator, the suggestions in the Tech Entrepreneurship Ecosystem Mapping report unlike previously, will this time around be executed for the progress of the agri-tech and the startup ecosystem.
“If the recommendations are executed, I’m honestly sure the expected impact would be achieved. Most of these solutions have been suggested but the execution is what has been problematic. So yes if the recommendations are implemented I think it will help.
“What will make it work is a connector [Isaac] who will always bring everyone in the sector together. Not just a one-time connector,” Ammishaddai Ofori emphasized.