The Skills Development Fund (SDF) has begun disbursing at total of 12.7 million dollars for the training of hundreds of jobless youths and unskilled workers.
The fund, being administered by the Council for Technical and Vocational Education and Training (COTVET), aims at assisting various organisations and associations to develop the technical skills of their workers and their members towards increasing job creation.
The first batch of nine approved beneficiary groups yesterday signed up to access the grants from the Fund which was established to address sustainable financing of the Technical and Vocational Education and Training (TVET).
They are Ghana Telecom University College, Sleek Garments Export Limited, Gratis Foundation, Dream Environment, Volta Regional Bee Keepers Association, Eastern Regional Grasscutter Farmers Association, Brong-Ahafo Moringa Farmers Association and Ejisu-Juaben Pig Farmers Association.
The Fund has so far secured support from the Royal Danish Embassy which contributed $10 Million for five years, the World Bank also contributed $50 million for five years and the German Embassy pledging 10 million Euros.
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