www.gea.gov.gh application form

The Ghana Enterprises Agency is implementing the second phase of the COVID-19 Response Grant programme to provide liquidity and support for Small and Medium Enterprises (SMEs) to enable SMEs to adjust, and to grow out of the COVID-19 crisis in selected sectors of the economy. The nationwide grant programme will focus on only the SMEs most impacted by the COVID-19 pandemic, as well as those that showed resilience during the pandemic.

Eligible applicants will fall under any of the following scenarios for SMEs:

  1. An enterprise will be qualified as ‘small’ where its current staff strength is between 6 to 30 and/or it made annual sales of between GHS180K to GHS7.2 million in 2021. For example, where an applicant has only 6 employees but earned less than GHS180K in annual sales, it qualifies as a ‘small’ enterprise by virtue of falling within the staff requirement threshold. Conversely, where an applicant has only 5 employees but grosses up to GHS7.2 million in annual sales/turnover, it still qualifies as a ‘small’ enterprise by virtue of the annual sales/turnover falling within the defined limit of sales value.
  2. An enterprise will be qualified as a ‘medium’ scale where its current staff strength is between 31 to 100 and/or it made annual sales of over GHS7.2 million but up to GHS21.6 million in 2021. For example, where an applicant has 31 employees but earned less than GHS7.2 million in annual sales, it qualifies as a ‘medium’ enterprise because of the number of staff falling within that range. Conversely, where an applicant grosses over GHS7.2 million in annual sales/turnover but has only 6 employees as of the date of the grant application, it still qualifies as a ‘medium’ enterprise due to the sales surpassing the lower band of GHS7.2 million in 2021.
  3. Where an applicant’s annual sales are over GHS21.6 million cedis, irrespective of the employee size, it is a large enterprise and is not eligible for this grant. Similarly, where an applicant has an employee size of over 100 at the application date, even if its annual revenue is less than GHS180K, it is deemed a large enterprise and ineligible for the grant.
  4. Finally, when an enterprise has less than 6 employees at the application date and made less than GHS180K in 2021 sales, it is a Microenterprise and should not apply for this grant.

Application Process

The grant application portal is tailored to your specific needs as an applicant. Please follow the process thoroughly to ensure that your application will be considered.

Registration

Input basic bio & business information to register for the grants at gea.gov.gh/getp

Application

Continue with the competition of online application upload requisite documentation onto the portal

Screening Out

Screen out ineligible and retain only qualified applicants based on pre determined eligibility criteria

Assessment & Due Diligence

Shortlisted applicants will be selected and Due Diligence Performed

Grant Approvals

Go reviews and approvals or reject any on the recommended Disbursements undertaken by the GEA following GC Approvals

Application Portal is Open. You can now apply for the COVID Response Grant HERE


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