NEIP Denies Issuing Fake Cheques To Beneficiaries

The National Entrepreneurship and Innovation Plan (NEIP) has debunked reports that it issued fake cheques to its beneficiaries.

According to some publications sighted on social media, the Ministry of Business Development and its implementing agency, NEIP issued fake cheques to over 1,350 entrepreneurs who are being funded as part of efforts to promote business development and support for start-ups in the country.

Describing the report as a ‘malicious publication’, NEIP in a statement issued on Saturday, asserted that beneficiaries are paid through their bank accounts and has never issued cheques to them since its operation.

“As a matter of fact, the only time cheques were introduced was during the launching of the Presidential Business Support Programme where beneficiaries were asked to hold cheques to represent the amount they will receive and this was done just for the ceremony,” the statement read.

They believe that the false publication is an attempt by individuals with evil agenda to bring the name of the Vice President, Dr. Mahamudu Bawumia, NEIP and the Ministry into disrepute.

Over 95% of beneficiaries, according to NEIP, have received their funding through their bank accounts and have called to confirm receiving the funding and are very happy that the support will go a long way to help their businesses.

The agency further urged the public to disregard these malicious publications and treat it with the contempt it deserve.

“NEIP, for that matter the Government assures the general public of continues commitment to provide an eco-system that encourages entrepreneurship and business development in Ghana,” the statement read.

NEIP Business Support Programme primarily focuses on providing business development services; startup incubators and funding for young businesses to enable them to grow and become successful.

By: Emmanuel Yeboah Britwum