Business Assistance Fiji (BAF) has been honored with the prestigious International Council for Small Businesses (ICSB) LightHouse Award, marking a significant achievement in its ongoing commitment to support Micro, Small, and Medium Enterprises (MSMEs) across Fiji. This award symbolizes the vital role organizations like BAF play in fostering sustainable economic growth within local communities.

Since joining the ICSB in 2022, BAF has focused its efforts on empowering grassroots micro-businesses, which are essential to economic resilience and productivity. The LightHouse Award serves as a beacon of hope and guidance for MSMEs, illustrating the much-needed support these businesses require to navigate the complexities of entrepreneurship.

Dr. Ayman El Tarabishy, president and CEO of ICSB, commended BAF’s grassroots approach and dedication to micro-business development, highlighting its alignment with global best practices. He emphasized that BAF’s focus on micro-enterprises is crucial for broader economic impact, given that these businesses form the backbone of local economies.

Ramesh Chand, BAF’s General Manager, expressed his gratitude for the recognition, noting that it reflects not only the hard work of the BAF team but also the transformative impact MSMEs can have in their communities. He reinforced BAF’s commitment to empowering these businesses through tailored initiatives that address their unique challenges, thereby promoting innovation and resilience.

In recent developments, BAF has launched initiatives aimed at supporting marginalized groups, particularly focusing on women and youth-led enterprises. This effort aligns with its mission to foster an inclusive business environment in Fiji and reinforces a broader commitment to sustainable economic empowerment.

The receipt of the ICSB LightHouse Award not only marks a proud moment for BAF but also signals a positive trajectory for the MSME sector in Fiji. This recognition encourages continued dedication towards fostering an ecosystem where local entrepreneurs can thrive, highlighting the importance of collaboration and sustained support for small businesses.

Summary: Business Assistance Fiji (BAF) has received the ICSB LightHouse Award for its commitment to supporting MSMEs, emphasizing the role of grassroots development. With new initiatives aimed at empowering marginalized groups, BAF is committed to fostering sustainable economic growth and resilience within local communities.