{"id":638,"date":"2026-06-03T10:52:18","date_gmt":"2026-06-03T10:52:18","guid":{"rendered":"https:\/\/sotnews.agency\/?p=638"},"modified":"2026-06-03T10:52:18","modified_gmt":"2026-06-03T10:52:18","slug":"new-digital-platform-aims-to-bridge-funding-gap-for-ghanaian-smes","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=638","title":{"rendered":"New Digital Platform aims to bridge funding gap for Ghanaian SMEs"},"content":{"rendered":"
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By Edward Dankwah, GNA\u00a0<\/p>\n

Accra, June 2, GNA \u2013 Ark Group International, a development finance\u00a0organisation,\u00a0has launched a new digital platform aimed at addressing the persistent funding challenges facing small and medium-sized enterprises (SMEs) in Ghana.\u00a0<\/p>\n

The initiative, known as the Ark Group International SME Funding Database,\u00a0seeks\u00a0to connect businesses with grants, loans, investment opportunities, and other financing options through a centralized and searchable platform.\u00a0<\/p>\n

In a statement issued by Mr. Joevas Asare,\u00a0the\u00a0Managing Director of Ark Group International, said many Ghanaian entrepreneurs continued\u202fto struggle to access capital, not necessarily because funding opportunities do not exist, but because information about them\u202fwas\u202foften fragmented and difficult to access.\u00a0<\/p>\n

He noted that thousands of SMEs spent\u202fsignificant time\u00a0searching for grants, loans, and investment opportunities, only to\u00a0encounter\u00a0complex requirements and limited information.\u00a0<\/p>\n

Mr. Asare described the challenge as an \u201cinformation asymmetry\u201d that has long hindered the growth of Ghana\u2019s private sector, despite SMEs being widely recognized as the backbone of the economy.\u00a0<\/p>\n

He explained that the new platform was designed to bridge the gap between businesses seeking capital and institutions looking to support\u00a0viable\u00a0enterprises.\u00a0<\/p>\n

\u201cWe aren\u2019t just building a platform; we are building a bridge,\u202fand that\u202fwhile investors and development agencies\u202fare\u202factively searching for high-potential businesses to support, many SMEs remain unaware of available opportunities,\u201d he\u00a0stated.\u00a0<\/p>\n

The Managing Director added that\u202fthe database goes beyond simply listing funding opportunities by providing a curated and searchable repository that allows users to filter opportunities based on sector, business growth stage, and funding type.\u00a0<\/p>\n

He said the platform would help entrepreneurs save valuable time and resources by streamlining access to relevant financing opportunities.\u00a0<\/p>\n

Mr. Asare further noted that the initiative would also provide useful insights for policymakers, financial institutions, and development partners by\u00a0identifying\u00a0sectors with the greatest funding demand and highlighting underserved areas within the SME ecosystem.\u00a0<\/p>\n

He said such data could support evidence-based policy decisions and contribute to broader efforts aimed at improving financial inclusion and strengthening private sector growth.\u00a0<\/p>\n

The Managing Director expressed optimism that the platform would help transform promising business ideas into successful enterprises by reducing barriers to finance and improving access to information.\u00a0<\/p>\n

He said as Ghana\u2019s economy continued to evolve, initiatives that connect entrepreneurs to capital would play a critical role in driving innovation, job creation, and economic growth.\u00a0<\/p>\n

\u201cFor many entrepreneurs, accessing funding should no longer depend on chance or personal connections but on having the right information at the right time,\u201d he stressed.\u00a0<\/p>\n

GNA\u00a0<\/p>\n

Edited by Benjamin Mensah<\/p>\n

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By Edward Dankwah, GNA\u00a0 Accra, June 2, GNA \u2013 Ark Group International, a development finance\u00a0organisation,\u00a0has launched a new digital platform aimed at addressing the persistent funding challenges facing small and medium-sized enterprises (SMEs) in Ghana.\u00a0 The initiative, known as the Ark Group International SME Funding Database,\u00a0seeks\u00a0to connect businesses with grants, loans, investment opportunities, and other…<\/p>\n","protected":false},"author":1,"featured_media":639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-638","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-trending-news"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=638"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/639"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}