Business Assistance Fiji (BAF) has reached a significant milestone by receiving the International Council for Small Businesses (ICSB) LightHouse Award, an accolade that recognizes organizations dedicated to the growth and support of Micro, Small, and Medium Enterprises (MSMEs) globally. The ICSB, with which BAF has been affiliated since 2022, aims to bolster the contributions of small businesses that are essential to economic vitality.

The LightHouse Awards are established to honor organizations whose initiatives align with supporting MSMEs facing various challenges. The award itself symbolizes a guiding beacon akin to a lighthouse, promoting stability, hope, and direction for small enterprises as they navigate the often tumultuous waters of entrepreneurship.

Dr. Ayman El Tarabishy, ICSB’s president and CEO, praised BAF for its outstanding commitment to micro-businesses, highlighting the organization’s grassroots approach and its resonance with the broader economic impacts achieved through MSME support. He noted that BAF’s commitment to international best practices enriches the entrepreneurial landscape for Fijian businesses.

Expressing appreciation for the award, BAF General Manager Ramesh Chand noted that the recognition reflects not just the hard work of his team but also the transformative role that MSMEs play in local communities. BAF has tailored programs aimed at addressing the unique hurdles micro-businesses often confront, fostering resilience and facilitating innovative solutions.

Moreover, BAF has recently introduced a grant initiative focusing on empowering marginalized groups, including women and youth-led enterprises. This initiative aligns with their mission to cultivate an inclusive business environment, reaffirming their dedication to economic empowerment within Fiji.

BAF’s recognition underscores the importance of sustained efforts in nurturing small businesses, as they significantly contribute to sustainable economic growth. This achievement not only highlights a proud moment for BAF but also reflects a hopeful outlook for the future of MSMEs in Fiji.

In summary, BAF’s receipt of the ICSB LightHouse Award is a testament to its vital role in supporting small businesses, inspiring further progress and collaboration in the MSME sector, and encouraging the growth of resilient, sustainable enterprises in the region.