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Female entrepreneurs get assistance

Bancamiga
Female entrepreneurs get assistance

Thirty-eight (38) Vincentian female entrepreneurs can look forward to continued support from Taiwan for their businesses. H.E. Peter Sha Li Lan, Ambassador of the Republic of China on Taiwan, made the pledge last week Thursday September 15 at a Grant Awards ceremony, at the Kingstown Baptist Church. “We will continue to work with you side by side,” Ambassador Lan assured.   He is encouraged by the friendship that has been sustained between the two countries over the past 41 years, and assured the entrepreneurs that they can count on Taiwan’s support ‘no matter how bad the conditions are.’ And at last week Thursday’s ceremony, under the Women’s Empowerment Project (WEP) implemented by the Centre for Enterprise Development (CED) and funded by the Government of Taiwan, a sum of $285,000 was dispersed among the 38 female entrepreneurs, in three categories:  sixteen who were not originally included in the grant scheme were each awarded $6,000.00;  twelve got a sum of $8,000.00 each; and an elite group of ten each received $9.300.00.   The recipients were the second cohort of participants who were trained under the WEP, during the period March to July 2022. They were selected from among 101 candidates and had completed intensive training courses and individual counselling.  They were awarded under the Angel Funds and COVID-19 Relief Funds to facilitate their business recovery from the impact of the pandemic and the La Soufrière eruption, the Taiwan embassy said on its Facebook page. Felix Lewis, General Manager of CED recognized the Taiwanese for their commitment to the development of women, specifically their ongoing commitment to training and preparing women towards sustainable ventures.  Lewis urged the recipients to “use the grant to take your business to the next level,” and to use the opportunity to “build back stronger.” Finance Minister Camillo Gonsalves in his address, said he was of the view that women do better (than men) with grant money, and considered it as gains to the economy to invest in businesses led by women.  Gonsalves is anxious to see the awardees at the Everything Vincy Exhibition in this year’s Independence celebrations.  Meanwhile, the entrepreneurs will be assigned consultants to assist them in advancing their businesses and guiding them toward involvement in the Business Plan Competition that will unfold soon. After a period of concerted assessment/evaluation leading up to the climax of the Competition, three (3) businesses will each be awarded $26,000.00.