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Posted: Wednesday 13 October, 2021 at 12:09 PM

Taiwan/SKN ink Agreement for Women Entrepreneurship Grant

By: Staff Reporter,

    BASSETERRE, St. Kitts - THE Republic of China on Taiwan continues to assist in the development of St. Kitts and Nevis even during the global pandemic, and the latest of the Asian country’s generosity is a US$1.2M grant towards a project for female entrepreneurs.
    The 17-month post pandemic project was signed yesterday (Oct. 12) at a simple ceremony between the Governments of the two countries at the Technical Mission in Needsmust, which will see 10 small businesses being granted over US$3,000 and one receiving US$9,930.


    Under this project, women from across the Federation will be selected to attend various training sessions of courses in entrepreneurship to  enhance their business skills. 


    From that programme, successful participants will be chosen to further develop their business or ideas with the grant.


    Taiwan’s Resident Ambassador Michael Lin expressed his delight to be partnering with the Ministry of Social Development to enhance the skills of women in the Federation, especially during the COVID-19 pandemic.


    He opined that by the end of the training, the development of new businesses should be able to boost the economy of St. Kitts and Nevis, since upon completion of the programme women are expected to be able to properly manage their own operations.


    “Put simply, the participants will be taught how to fish while being provided with the fishnets,” tht Ambassador said.
    Minister with Responsibility for Social Service, Eugene Hamilton who signed the Agreement on behalf of the Government of St. Kitts and Nevis, said he is pleased with the continued support from the Taiwanese.
    He said, too, that the project is timely as women from all cross sections of society continue to be impacted by the ravages of the COVID-19 pandemic, noting that despite all the assistance provided through the Government’s stimulus packages there is still need to buttress the skillsets of women through training and financial support.


    “Today marks the signing of an agreement between our two countries for the execution of a programme of assistance and economic empowerment of women as a post pandemic measure. This project will provide technical assistance and financial assistance to women, including women entrepreneurs,” added Hamlton.


    Unemployed women, those entrepreneurs, and female business owners whose operations are one-third women are urged to register and benefit from the training and assistance.


    Women 16 years and over, women executives, managers  and women who are self employed are challenged to be participants on the project for their personal development.


     “We are expecting there to be some business startups by women who will go on to become financially independent as a result...This project will provide a grant fund of over US$3,000 to help women in achieving those goals,” explained Hamilton.


    A similar project is being undertaken in other territories that support the efforts of the Taiwanese Government. 


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