Five hundred and forty nine people in Navua received small and micro business grants from the Prime Minister Voreqe Bainimarama yesterday .
Bainimarama revealed the grant scheme has received overwhelming interest with nearly nineteen thousand Fijians applying.
He says since it’s inception in 2015,the Micro and small business grant scheme has assisted 6622 entrepreneurs with grant funding of $6.3 million dollars .
“Those businesses have ranges from cash cropping and poultry farming to tailoring and hairdressing ,just to name a few .
In addition ,it has created a multiplier effect -meaning that these businesses create jobs because they do business with other individuals and enterprises .”
According to Bainimarama funding of micro and small business grants will continue in an effort to grow local entreprises and contribute to the national economy.
-FBC
