The Ministry of Tourism, International Transport and Maritime Initiatives which is also responsible for small business has successfully hosted the country’s first and largest business to business forum.
Over sixty small businesses participated in the event held at the Goodwill Parish Hall from August 31 to September 1 2022.
“As a Ministry we understand the importance of strategic backward and forward linkages and the impact it can have on our small businesses. This forum was born out of numerous consultations with our micro, small and medium enterprises listening to their concerns, their recommendations and the need for business owners and associations to be all brought to one table. The business to business forum is meant to bring all services and financial support institutions and organizations in one centralized location and the intention is for this to be on an annual basis,” Ms. Valmond stated.
The business to business forum is expected to, among other things; help create a better business environment in which small businesses can thrive.
“The objectives of the business to business forum are to strengthen backward and forward market linkages, to promote networking as a currency to increase income generation, to create formalized atmospheres for annual information sharing, to provide a platform for small businesses to showcase their products and services to markets and investors and to provide a platform for markets and investors to learn about new locally made products,” PS Valmond explained.
Through this forum Government is seeking build greater resilience within the small business sector.
“Dominica is a country which is prone to hurricanes and natural disasters and we are evidently in the hurricane season so preparing for external shocks must be prioritized highly on all agendas. The Government manages a robust resiliency plan in which you as small businesses have to play your part in terms of emulating the elements of that plan. So business continuity planning must be continues to be essential in terms of the rate at which we bounce back and reengage after natural and man-made disasters,” Ms. Valmond added.