Dominica’s entrepreneurs encouraged to make themselves known
As part of the Dominica Youth Development Division, the Dominica Youth Business Trust (DYBT) hosted a feedback consultation meeting with entrepreneurs on Thursday 23rd June 2011, at the Public Service Union (PCU) building.
The meeting was aimed at receiving feedback from the many entrepreneurs who were trained by the DYBT, through the entrepreneurial development and small business assistance programmes.
The DYBT sought to learn more about how far the young people have come and to learn more about any difficulties or constraints they were experiencing.
Ms. Natasha Yeeloy, commented that the entrepreneurs included artists, farmers, fisher women, jewelers, and craft artists, but raised concerns that while these young people were very talented, they were still not known.
Mr. John Roach, DYBT Coordinator, commented that the DYBT had trained over 300 entrepreneurs but were disappointed with the numbers going forward to start up businesses.
Mr. Roach noted that the biggest challenge facing the entrepreneurs was the 25 percent required by the financial institutions, to which he commented that the government had responded by offering its support.
Mr. Roach commented that the division is working hard to address the plights of the young entrepreneurs, which is backed by the quality of the training they receive and the revamped mentor programme.
One of the successful entrepreneurs, Mr. Marcus Cuffy, an artist, commented on how effective he found the DYBT programme in assisting him to develop his business.