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Networking opportunity for businesses

Attendees at today’s luncheon.

Micro, small and medium size entrepreneurs in Barbados will get an opportunity to network and seal business deals with over 1,000 company leaders from across Latin America and the Caribbean later this year.

FOROMIC Barbados, which takes place here from October 1 to 3, is the premier event for the discussion of micro-enterprise and small business development, micro-finance and innovative entrepreneurial models and solutions in Latin American and the Caribbean.

Organised annually by the Inter-American Development Bank, it is expected to fuel and reshape the small and medium sized enterprise sector. Consultant for FOROMIC and retired head of the Barbados Civil Service, Avril Gollop, told a joint Barbados Chamber of Commerce and Industry/IDB luncheon at Hilton Resort this afternoon, that the event was designed to benefit budding entrepreneurs in particular.

Gollop said it would look at what Barbadians refer to as meeting turns, a method of saving, and would include a heritage walk, led by noted historian Dr Karl Watson, technology, the history of rum and bringing Oistins to the location of the meeting at the Lloyd Erskine Sandiford Centre.

FOROMIC XV, jointly hosted by the Micro Investment Fund and the Government of Barbados, will include representatives from the private, public and non-profit sectors. Organisers said its theme, Unlocking Entrepreneurship Towards Innovative Solutions, underscored the importance of uniting all these diverse stakeholders to exchange experiences and work together for continued economic development across the region.

Gollop promised that the conference would present unique networking opportunities for entrepreneurs in the region.

“Participants will meet more people than they could ever have imagined, including CEOs of prominent companies. FOROMIC is a unique and valuable setting where entrepreneurs can share and gain ideas,” she added.

Gollop said Barbados was going all out to ensure it staged a memorable and stimulating conference that would invigorate the local micro, small and medium sized enterprise sector.

Other topics to be addressed include entrepreneurship alternatives for disadvantaged youth, responsible finance, generating income opportunities for vulnerable populations and innovation in green finance. (EJ)

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