Budding entrepreneurs complete NCB Micro Enterprise course

Twenty-four budding entrepreneurs have graduated from a training course hosted by the National Commercial Bank (SVG) Ltd’s Micro Enterprise Department.

The 24 were trained in entrepreneurial development, financial management, and business planning and marketing.{{more}}

The aim of the workshop, facilitated by the Centre for Enterprise Development, was to provide potential and existing entrepreneurs wishing to acquire funding under the Micro enterprise Loan Programme with the basic skills, knowledge, and attitude needed to successfully run their businesses.

Cerlian Russell, NCB’s Senior Lending Officer and Vibert Latham, Union Island branch manager made presentations on credit requirements. Edwin Snagg, Minister of State in the Prime Minister’s Office with responsibility for Southern Grenadines Affairs delivered a brief address to participants in which he encouraged them to make good use of the training and the money if they were successful. He also stressed the importance of them repaying their loans so that other persons could benefit in the future.

The NCB’s Micro Enterprise Programme began in July 21 with 285 entrepreneurs who received funding of over $3.5 million.

This is the second workshop for 2006. The third will be in the North Central Windward area in November 2006.