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EMPRETEC supports entrepreneurship in women
EMPRETEC Guyana Inc Women in Business, a non profit organisation based on the internationally renowned EMPRETEC model of entrepreneurship development, honoured three of its entrepreneurs Friday.
The outstanding women that received awards from EMPRETEC Guyana Inc were ; Ms. Patricia Helwig of Guyana Arts and Craft Association, Ms Sharon Alexander of Small Business Council, and Ms Lucia Decir, Managing Director of D&J Shipping.
Managing Director of D&J Shipping Ms Lucia Decir receives an award from Head of EMPRETEC committee Dunstan Barrow
However, there is another award yet to be given to extraordinary entrepreneurs.
The winners will be announced during the next session of UNCTAD’s Investment, Enterprise and Development Commission to be held in Geneva during the period 26-30 April 2010.
In making this selection, experts will take into account such criteria as entrepreneurial talent, company performance, the extent to which a business and its outreach is local, national, or international, and the uniqueness and superiority of its products or services. From the 10 finalists, first-, second- and third-place winners will be chosen by a distinguished panel of judges.
The countries that are to participate are Botswana, Brazil, Chile, Ethiopia, Guyana, Jordan, Nigeria, Uganda, and Zimbabwe.
According to Managing Director of EMPRETEC Guyana Inc.,Judy Semple-Joesph, Women in Business Awards 2010, is a competition aimed at selecting successful women who have benefited from the business development services of the EMPRETEC programme in their country and have shown entrepreneurial spirit and innovation.
The Managing Director revealed that research has shown that small- and medium-sized enterprises (SMEs) are vital for balanced and sustainable economic development.
In industrialized countries, SMEs make up some 95 per cent of domestic businesses and are famous for coming up with new ideas and new products.
“But SMEs are often in short supply in developing nations. What distinguishes the developing country women nominated for the UNCTAD awards is their ability to surmount the obstacles traditionally faced by such small enterprises.”
She added that entrepreneurs are driven by different motivations, including a desire to seize unexploited market opportunities, to pursue life-long dreams, to gain independence, to achieve self-fulfillment, to create jobs, to redress social problems, or to acquire more flexibility and work/life balance.
The entrepreneurs nominated for the second EMPRETEC Women in Business Awards have established or expanded successful companies in the challenging environment of the current global recession.
Ms Joseph recalled that the EMPRETEC programme, which began in 1988, is a training and motivational programme intended to encourage entrepreneurship in developing countries.
EMPRETEC centres supported by UNCTAD now operate in 32 developing nations, and to date have trained over 150,000 aspiring entrepreneurs. Many have founded or expanded companies and have created hundreds of thousands of jobs.
According to special speaker President/CEO of Carobell Inc., Vanessa Barrow, women can achieve their goals, and when people can buy into a vision as long as they are convinced of the passion, development comes through determination.
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