Small businesses play a crucial role in Fiji’s economy, contributing significantly to the nation’s GDP and providing employment for a substantial portion of the workforce. Recognizing this pivotal role, the Fijian government has committed to bolstering National Small and Medium Enterprises (NSMEs) as essential contributors to the achievement of the 2030 Agenda for Sustainable Development and the UN’s Sustainable Development Goals (SDGs).
In a recent initiative geared toward empowering local entrepreneurs, four business owners from Lamini Village in Taveuni were presented with a significant financial boost. Manoa Kamikamica, the Deputy Prime Minister and Minister for Trade, Co-operatives, Small and Medium Enterprises, and Communications, awarded these entrepreneurs a ‘Grant Agreement’ under the Ministry’s Trade Enhancement Programme.
This grant is designed to support and expand their roadside businesses, demonstrating the government’s ongoing dedication to reinforcing small enterprises and promoting economic growth, particularly in rural communities.
This initiative not only highlights the government’s commitment to supporting local enterprises but also paves the way for future growth in the sector, promising a brighter economic outlook for local communities. Supporting small businesses is essential for fostering innovation and creating job opportunities, which can lead to a more sustainable and resilient economy in Fiji.
In summary, the granting of financial support to these entrepreneurs is a positive step toward enhancing the vibrancy of Fiji’s economy, ensuring that rural communities can thrive and contribute to overall national growth.
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