September 27, 2024

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Gov’t’s business grant benefitted 100 Sophia residents

Floyd Jackson waiting to collect his business grant.

The government’s $250, 000 business grant saw some 100 residents of Sophia, Georgetown b benefiting on Saturday.

This, it was is a part of the government’s manifesto promise to ensure Guyanese across the country have access to business opportunities. The government noted that the grant was distributed at the Sophia Exhibition Centre, and was spearheaded by the Local Government and Regional Development Ministry. It was noted that the money will enable residents to start or expand their businesses.

Local Government and Regional Development Minister, Nigel Dharamlall, Tourism, Industry and Commerce Minister, Oneidge Walrond and Public Affairs Minister, Kwame McCoy led the exercise.

Minister Dharamlall disclosed that this initiative shows the government’s commitment to ensuring that citizens have access to funds, and opportunities to upscale their lives. “You have to have ambition to spend this money and don’t look at the amount, but look at what it can do, and so we hope that you are going to put it to good use,” he said.

Dharamlall also said persons starting or expanding their business, should employ people from their community, to ensure that citizens have the opportunity to earn a living, and at the same time, contribute to the country’s development.

Minister Walrond assured residents that the government will continue to support their business ventures. The minister stressed that the PPP/C administration is a ‘caring government’ and the grant is one such initiative undertaken to equally assist citizens.

“With the business grant, we want to help you grow, and this will not be just a one-off, hand-you the money, this will be a constant support for you, and for your community, and for your families,” the minister stressed.

Meanwhile, Minister McCoy revealed that soon training opportunities will be accessible to Sophia residents. This will include techniques and principles of establishing, sustaining and growing their small businesses.

The public affairs minister noted that the government will continue to heavily invest in its human resources. “Our intention is that we will work with you to enable you to grow, to empower you, to make you move from one stage to the other, upwards and to move so progressively over the next few years,” McCoy said.

Public Affairs Minister, Kwame McCoy speaking with residents

It was revealed that the beneficiaries were happy for the grant and expressed their gratitude to the government. “I feel great, it gonna help me because like only couple days ago I was thinking about starting a business, but wondering who am I gonna ask for a help, and then a get a call saying that I’m here to receive a grant to help me open a business so I’m really thankful for it,” Punkey Vishwanauth said.

Another beneficiary, Floyd Jackson related, “It’s a good initiative and I wanna say thanks to the government, and to all those who have played a part in making this initiative successful.” “I feel really happy about it, it’s a great initiative and it could help me a great lot to start a business,” Shemera Kadan added.

It was revealed that during the distribution exercise, residents were given the opportunity to raise their concerns which included deteriorated streets, and the needed for street lights and proper drainage systems. Further, it was noted that Government has already distributed approximately 12, 000 business grants to citizens across the country.