Deputy Finance Minister Inaugurates New Venture Capital Trust Fund Board
Deputy Finance Minister Thomas Nyarko-Ampem recently inaugurated a new nine-member governing board for the Venture Capital Trust Fund (VCTF). During the ceremony, the Deputy Minister emphasized the VCTF’s crucial role in addressing a significant gap within Ghana’s financial system, highlighting its strategic importance as an investment for national advancement.
Focus on Economic Growth and Innovation
Nyarko-Ampem challenged the newly appointed board to prioritize the identification of promising businesses and groundbreaking ideas capable of fueling economic expansion and contributing to the nation’s overall development. In response, Board Chairman Dr. Daniel K. Seddoh expressed gratitude to the government for the opportunity to serve. He assured the government that the board is committed to diligently fulfilling its responsibilities in alignment with the VCTF’s defined strategic objectives. The members of the Venture Capital Trust Fund Board are: 1. Dr Daniel K Seddoh – Chairperson, 2. Mic Limit to save tokens
The establishment of this new board underscores the government’s commitment to fostering innovation and supporting entrepreneurial ventures within Ghana, recognizing the vital role venture capital plays in driving economic progress. The VCTF is expected to play a pivotal role in providing the necessary financial support to businesses with high growth potential.
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