Fashion TT, in partnership with the National Entrepreneurship Development Company Limited (NEDCO), awarded certificates to the 64 graduands of the first ever Entrepreneurial Development Programme.
The graduation ceremony concluded the seven month programme which was aimed at capacity building, and activities targeting tier four participants in FashionTT’s Value Chain Investment Programme. The programme provides designers with strategic assistance to improve their overall business performance.
The sessions exposed the participants in the small, medium and micro enterprise sector to critical areas such as Business Plan Development, Costing and Pricing, Record Keeping and Cash Flow Management, Business Taxation and Marketing Strategy and ensured they attained core business skills and tools. It also positioned the beneficiaries to manage enterprises and develop products which can compete nationally, regionally and beyond.
Speaking at the certificate distribution function was Ms Karen Carraballo, Chief Entrepreneurial Development Officer at NEDCO emphasized the value of the partnership between FashionTT and NEDCO stating, “We are on board to bring the business aspect to fashion.” As fashion entrepreneurs she indicated that the graduates played a significant role in the diversification and growth of the national economy. The Government, through the VCIP and other targeted programmes is creating an improved facilitative and enabling environment for international trade.
Fashion TT is an agency of the Ministry of Trade and Industry.