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SEDU embarks on sensitization drive for small and micro businesses

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Contact: Claudia Monlouis


Tuesday,  July 7, 2009 –  The Small Enterprises Development Unit (SEDU) of the Ministry of Commerce, through two recent sessions, has been equipping stakeholders of the micro and small business sectors within Castries, to meet the new demands of the sector.


Deputy Permanent Secretary within the Ministry Peter Lorde, says SEDU has conducted a series of town hall meetings around the island in a bid to assist small business persons to understand the Micro and Small Scale Business Enterprises Act. 


He says although now ten years old, there have been adjustments to the Act in order to facilitate conformity with the several instruments to which Saint Lucia is party to.


“These adjustments are necessary because of all the arrangements that we have entered into. And as time goes by, the ramifications of these arrangements will kick in. We have to prepare people to make those changes—particularly the service providers. We believe that if the service providers, through the small business sector become stronger, the small business sector itself will become stronger.


Lorde announced that very shortly the Small Enterprises Development Unit will embark on a concerted thrust towards standardization within the sector, in keeping with its dynamic demands.

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