Friday, August 8 – 49 Local entrepreneurs are now successful graduates of the National Business Bureau’s Power Move Academy Training Programme, with Mrs. Akeema Crabbe being recognised as the Capstone Top Student. She also received a $500 cheque towards a small business venture.
The training programme was held from August 2013 to June 2014, and exposed 107 local entrepreneurs to principles to help bring structure to their ideas and enhance their businesses’ performance.
In delivering congratulatory remarks at the awards ceremony held on July 25, Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith OBE stated, “As we know, small businesses are a critical component of, and a major contributor to the strength of our local economy. Small businesses present new employment opportunities and serve as the building blocks for the creation of larger businesses.”
He added, “While many businesses start as one person’s idea, the creator is often an entrepreneur who spots a gap in the market or a commercial opportunity and turns the idea into a marketable product or service.”
Premier Smith noted that through the National Business Bureau, the Government is striving to bring growth and innovation to the small business community through mediums such as the Power Move Training Series.
“These types of programmes provide more opportunities for small business owners and their employees to gain the needed skill sets that will help grow their businesses, as well as promote an entrepreneurial mindset among our people,” said Premier Smith.
He applauded the efforts of the National Business Bureau for partnering with PMAC Facilitator, Professor Devin Robinson, a Belonger to the Virgin Islands, who is also an author, speaker, and Pulitzer Prize-winning newspaper columnist.
Premier Smith also commended the work of former consultant – Mr. Kevin “OJ” smith, who was hired in 2011, to re-establish and enhance the service offered by the Small Business Bureau and to begin the transition process to becoming the National Business Bureau.
Under the leadership of Mr. Smith, work was immediately started in an effort to rekindle past working relationships with regional agencies such as the Caribbean Development Bank and local agencies including local banks. Through these relationships the BVI has been able to develop and implement a number of training and development initiatives including the Power Move Academy.
The next session of the Power Move Academy is slated to begin on August 22 at Fort Burt Hotel, with ongoing registration until August 15. Interested persons may telephone the National Business Bureau at 468.3701, extension 4311 or email firstname.lastname@example.org
As an incentive for more innovative local business ventures, the Premier’s Award for Innovation in Small Business was also announced. Slated to start in January 2015, it is expected to become an annual award recognising the most innovative small business presented to the National Business Bureau during the previous year. More information on the award will be forthcoming.
The National Business Bureau was created to assist with the development of the small business sector. Its general mandate is to create an environment that fosters partnerships between Government and a network of businesses, agencies and organizations in order to revitalize and sustain the small business environment of the Virgin Islands.
For more information on Government initiatives continue to visit the Government website wwww.bvi.gov.vg, or follow us on Facebook, Twitter and YouTube at BVI Government.