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Teatt Held Its Closing And Certification Ceremony.

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Source: SMN-News 30 Aug 2023 04:52 PM

PHILIPSBURG:--- MINISTRY OF Tourism, Economic Affairs, Transportation aND Telecommunication (TEATT) held its Closing aND Certification Ceremony of the SME Entrepreneurship Development Program (SESPArty/21/democratic-party'>DP) aND launched the Sint Maarten Entrepreneurship Development Center (SEDC) on Friday, August 25th, 2023.

The structured one-year Business SUPPort aND Entrepreneurship Development Training Program which targeted both aspiring aND existing entrepreneurs fuNDed by the Department of Economy, Transportation aND Telecommunication (ETT) aND executed by A & A Accounting aND HPS Consulting, cumulated with a graND successful fiSPArty/23/national-alliance'>NAle on Friday, August 25, 2023, at the Belair Community Center.

A sense of accomplishment was felt during the evening as the participants in the program displayed their products aND/or services aND vividly networked with all invited guests.

Over the one-year training aND coaching period, the program boasts of its Key milestones achieved
The number of existing businesses registered with the program grew from 43% (16) to 92% (42). This is almost triple the amount from when the program started. Of this figure, 12 Business/ VeNDing licenses were issued by the Business License department of the Ministry of TEATT through an expedited procedure for program participants.
23 loan applications were submitted to the NRPB totaling an amount of almost $900,000,
Currently, 13 loan applications are in the process of being fiSPArty/23/national-alliance'>NAlized to submit to the NRPB.
The closing ceremony inclUDed speeches of the Prime Minister, NDidate' href='/newspolitician/548/silveria-jacobs'>Silveria Jacobs, Minister of VSA, NDidate' href='/newspolitician/739/omar-ottley'>Omar Ottley, aND Head of the Department of Economy, Transportation aND Telecommunication, Valya Pantophlet.

The eveninSPArty/9/general-solidaire'>GS Keynote Speaker was the FouNDer aND MaSPArty/23/national-alliance'>NAging Director of Barbados Caribbean Centre of Excellence for SustaiSPArty/23/national-alliance'>NAble Livelihoods (CoESL), Dr. Marcia BraNDon, aND closing remarks were delivered by Ann Evans-Marlin.

The presentation of Certificates to the SESPArty/21/democratic-party'>DPers was presented by representatives of the Ministry of TEATT inclUDing Minister Arthur Lambriex aND the Secretary General of TEATT, Miguel the Weever.

The main highlight of the evening was the launch of the St. Maarten Entrepreneurship Development Center (SEDC) which is eNDorsed by The Ministry of TEATT as a means of providing a sustaiSPArty/23/national-alliance'>NAble structure for Entrepreneurship development. The Centers primary objective is to provide a wide range of business advisory services such as incubation programs aND services, training, workshops as well aND technical assistance to SPArty/23/national-alliance'>NAme a few.

On August 28, 2023, the SEDC achieved its first key milestone which was the signing of a MOU with the Caribbean Centre of Excellence for SustaiSPArty/23/national-alliance'>NAble Livelihoods (CoESL).

The partnership will afford both organizations mutual benefits such as Networking, Resource mobilization, Capacity development for entrepreneurs, Access to training, workshops aND fuNDing, Partnership policies, aND Project development in the blue aND green economies being Agriculture, Renewable Energy.

The board members of the SEDC are Pearl HeNDrickson, Avril Isaac, aND Ann Evans with AmaNDa Rogers as Operations MaSPArty/23/national-alliance'>NAger.

Photos/Cutline:

Silveria Jacobs mentioned 1 time
Omar Ottley mentioned 1 time

General Solidaire [GS] mentioned 1 time
Democratic Party [DP] mentioned 2 times
National Alliance [NA] mentioned 12 times
St Maarten Patriotic Alliance [SPA] mentioned 16 times
United People's Party [UPP] mentioned 1 time
New Direction St. Martin [ND] mentioned 31 times
United Democrates 2018 [UD] mentioned 2 times
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