New Ministry of Small Business & Entrepreneurship launched in St Kitts
St Kitts and Nevis’ new Ministry of Small Business and Entrepreneurship was officially launched last night.
The ministry’s motto is “Building Businesses, Fueling Innovation”.
Minister of Small Business and Entrepreneurship Samal Duggins told attendees the ministry was formed since the government understood the need to support St Kitts and Nevis’ entrepreneurs.
“Small businesses are indeed the backbone of St Kitts and Nevis’ economy, providing jobs, innovation and opportunity for our citizens, and it is a responsibility I take very seriously being your minister,” he said. “We know small enterprises make up over 90 per cent of all businesses in our Federation, and entrepreneurship is ingrained in our national spirit and our identity; from the small shops in Basseterre to the cottage industries in villages across the islands, small businesses are woven into the fabric of our communities.”
Duggins said he wants to create an environment where St Kitts and Nevis businesses can continue to grow and thrive.
This includes improving access to capital, cutting red tape and expanding training and monitoring.
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