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Investment 1098 Fijians Receive Grant

Government yesterday presented 1098 Fijians from the Provinces of Tailevu, Naitasiri, Rewa and Lomaiviti the opportunity to become even greater contributors to our economic success. This was through providing $1000
11 Dec 2015 12:36
Investment 1098 Fijians Receive Grant

Government yesterday presented 1098 Fijians from the Provinces of Tailevu, Naitasiri, Rewa and Lomaiviti the opportunity to become even greater contributors to our economic success.

This was through providing $1000 grants to each of these entrepreneurs in the form of resources and materials.

The money is intended to either start or expand small and micro businesses.

The grant presented yesterday is expected to assist more than 5000 family members in Nausori.

Prime Minister Voreqe Bainimarama, while handing over the grant cheques in Nausori, said: “I know that in ten years’ time, many of these businesses won’t be “micro” anymore.

“We know one thing: your economic success is Fiji’s economic success.

“It will provide you with the much-needed capital to kick start your business endeavours or expand your existing businesses to reach new heights.”

Mr Bainimarama has urged the recipients of the grant to take full advantage of Government’s efforts to help them help themselves.

“Be creative, be imaginative and find ways to expand your business to unprecedented levels. Your own future, your family’s future and Fiji’s future all depend on it,” he said.

 

Allocation of funds

A total of 4220 Fijian entrepreneurs have so far received grants through Government Micro and Small Business Grants initiative.

Mr Bainimarama said: “So far my Government has allocated $3 million in support of this programme.

“But due to the overwhelming positive response, we have allocated another $1 million towards the Micro and Small Business Grant Scheme – bringing the total investment to $4 million.

“These are funds dedicated solely to the future of small businesses in Fiji.

“And we have made such a sizable allocation because we believe in the industriousness and inventiveness of our people, and we have seen how much good this programme can bring.”

Mr Bainimarama has assured that the Micro and Small Business Grant Scheme will continue indefinitely.

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