UNDP launches “In Motion” pilot project to boost small businesses in Reg 2
…20 businesses to benefit from initiative
The Tourism, Industry, and Commerce Ministry in collaboration with the United Nations Development Programme (UNDP), on Friday, launched a pilot project, “In Motion”, with the aim of boosting businesses in Region Two, (Pomeroon-Supenaam).
Some of the young entrepreneurs
The project was launched at the Regional State House, Anna Regina, Essequibo Coast.
Speaking at the event, the Director of Business of the Ministry of Tourism and Commerce Industry, John Edghill stated after articulated discussions with UNDP, a decision was taken to use Region Two to launch the “In Motion” pilot project, which will see 20 entrepreneurs benefitting.
He noted that the project is geared at helping small businesses who want to strive in the local economy, assist in the development of their families, and make an impact on the local communities.
UNDP officials in discussions with others
“We are happy and glad that you have taken this step of commitment and any difficulties, there will be two consultants that will be in the region to engage your businesses,” he stated
Additionally, Luis Blazquez from UNDP, who give an overview of the project, explained that “In Motion” is applied to revamp the business model of micro and small enterprises through comprehensive business support to improve their productive capacity and their links with the market.
He noted that the main features of the pilot project are to Identify potential beneficiaries and assess the business’ current situation to define an action plan, achieve high-impact improvement in the business performance after a three-month support process, improve reputation and marketing networks through digital solutions, and elaborate a business roadmap and long-term continual improvement plan.
Director of Business of the Ministry of Tourism and Commerce Industry, John Edghill at the launch
He further noted that the main objective of the United Nations Development Programme (UNDP) “In Motion” is to update business models for micro and small businesses that require comprehensive enterprising attention to improve their production capacity and their relationship with the market.
Meanwhile, Regional Executive Officer (REO), Susan Saywack welcomed the initiative and described it as an excellent project that will boost development and aid in the growth of small businesses.
She took the opportunity to thank the team for their wise decision on piloting the initiative Region Two.
