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$19M Used For 19,500 Applications

A total of 19,548 businesses have been assisted through the micro and small business grant as of yesterday with an investment of more than $19 mil­lion since 2015. Minister for
26 May 2018 11:00
$19M Used For 19,500 Applications
Minister for Industry, Tourism and Trade , Faiyaz Koya with recipients of the micro and small business grant at Koroivolu Park in Nadi on 25 May 2018. PHOTO: ARIETA VAKASUKAWAQA

A total of 19,548 businesses have been assisted through the micro and small business grant as of yesterday with an investment of more than $19 mil­lion since 2015.

Minister for Industry, Trade, Tourism, Lands and Mineral Resources Faiyaz Koya, while distributing the grant to 600 people at Koroivolu Park in Nadi, said the pro­gramme impacted the lives of more than 100,000 Fijians.

“I wish to applaud the resilience of the peo­ple from the Western Division for not letting any natural disaster bring you down, you are all examples of how positive attitude and endurance can overcome any hurdle.”

Mr Koya said the recipients demonstrated that they were ready to continue with their lives, either by starting a new business or grow their existing business. He said the programme intended to improve the lives of the grassroots communities.

“The Government is laying the platform whereby opportunities for forward linkages for our Micro, Small and Medium Enter­prises (MSMEs) will be available through the completion of Government’s manufac­turing and services zone here in the West­ern Division,” he said.

“These opportunities will present them­selves in the form of catering, transporta­tion, logistics and other service providers for international companies that will estab­lish their operations in this manufacturing and services zone.”

Through this partnership with the Fiji Development Bank, he said, the ministry was confident that a number of recipients would expand their current businesses with further financial assistance from the bank.

Edited by Epineri Vula

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