SEC encourages SMEs, entrepreneurs to welcome investments for expansion and job creation

The Securities and Exchange Commission (SEC) has encouraged small and medium-scale enterprises (SMEs) and entrepreneurs in Ghana to welcome investments from investors as they strive to expand their operations.

Director General of SEC, Reverend Daniel Ogbarmey Tetteh, highlighted the significance of venture capital and private equity as versatile platforms that facilitate investable funds for SMEs.

Speaking at the annual conference of the Ghana Venture Capital and Private Equity Association, Reverend Tetteh emphasized the importance for SMEs and entrepreneurs to maintain accurate records to attract investments.

“The good news is that we have venture capital and private equity firms who have been successful in raising money and I will tell you that are looking for good deals if I say good deals, good investment opportunities to channel the funds.

The Ghana Venture Capital and Private Equity Association plan to initiate investment readiness training programmes to enhance SMEs’ attractiveness to potential investors.

CEO of the association, Hannah Acquah, stated that entrepreneurs need investment readiness training to prepare themselves for financing opportunities and collaboration with stakeholders in the industry.

It’s all about meeting the right stakeholders like members of the Ghana Venture Capital and Private Equity Association, who can structure your business to enable you to get financing for your product.