The Micro and Small Enterprise (MSE) Development and Building Alternative Livelihoods for Vulnerable Groups project, the first project to be administered through the institutional framework created by the Small Business Act of 2004 has been tasked with ensuring that a total of 2,200 jobs are either created or sustained within the first two years of the project.
Chairman of the Small Business Council, University of Guyana Lecturer Sukrishnalall Pasha told Stabroek Business earlier this week that the council will provide the Small Business Bureau – which will serve as its secretariat – with technical advice that will include support in the evaluation of applications to the bureau for financial or other forms of support. Pasha said the council is currently developing “objective criteria” for evaluating applications for assistance and that these will be applied in the decision-making process in the matter of allocating loans and grants and facilitating applications by small and micro enterprises (SMEs).
Pasha said the council was also in the process of developing tools designed to
