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VI entrepreneurs empowered @ Republic Banks MSME Conference

Republic Bank brought together entrepreneurs and business owners from across the Virgin Islands (VI) on Saturday, November 16, 2024, for its second MSME Conference. Photo: Republic Bank
Republic Bank recently unveiled an MSME lending programme in June 2024, which builds on the bank’s commitment to MSMEs. Photo: VINO/File
Republic Bank recently unveiled an MSME lending programme in June 2024, which builds on the bank’s commitment to MSMEs. Photo: VINO/File
ROAD TOWN, Tortola, VI- Republic Bank brought together entrepreneurs and business owners from across the Virgin Islands (VI) on Saturday, November 16, 2024, for its second MSME Conference.

According to a press release from the bank today, November 29, 2024, the conference aimed to address the unique needs and aspirations of Micro, Small, and Medium-sized Enterprises (MSMEs), providing a continuous platform for knowledge sharing, networking, and empowerment.

Power-packed agenda

Republic Bank’s Managing Director Ms Marion D. Blyden said, as she welcomed attendees, “You, the small business owners, are the lifeblood of the BVI, and we're honoured to support you every step of the way. Whether you're just starting out, expanding, or looking to take your business to the next level, we believe in your potential and are here to help you realise your vision.”

The conference featured a power-packed agenda, with expert sessions on financial planning, accessing capital, compliance, customer service, marketing your business, and business coaching. The topics, the release added, were carefully selected to address real-world challenges and opportunities that MSMEs encounter on their business journey.

Valuable information appreciated by attendees

Attendees of the MSME Conference shared their appreciation for the valuable information shared with them as well as the opportunity to connect with like-minded entrepreneurs.

Mr Michael Smith of Mossed Up Inc. stated, "The information shared was so relevant to where I am in my business right now. I feel equipped with new strategies and insights to take my business to the next level."

Republic Bank recently unveiled an MSME lending programme in June 2024, which builds on the bank’s commitment to MSMEs. The lending programme is designed for businesses that may lack collateral, have no history of banking or borrowing records, and cannot provide traditional financial documents or records.

It “provides MSMEs with access to crucial funds, supporting their growth and contributing to the overall economic resilience of the BVI”, the press release informed.

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