Minister for Carriacou and Petite Martinique Affairs, Hon Elvin Nimrod has implored recipients of financial assistance from the Market Access and Rural Enterprise Development Programme (MAREP) for various business ventures, to ensure that that they are frugal in their spending and committed to the project from which they hope to record positive financial returns in the future.
Last week Thursday MAREP handed out cheques to five newly established companies at a short ceremony at John’s Unique Resort conference room.
Three of the projects are being done by Carriacouians while the other two are based on mainland Grenada. The cheques were delivered by the minister and Manager of MAREP, Byron Campbell.
In a shift in tradition, MAREP chose to have the national ceremony in Carriacou as opposed to having recipients from Carriacou travel to the mainland to receive their cheques. Rather the two recipients from the mainland traveled to the sister isle to attend the ceremony.
The main goal of MAREP is to contribute to the reduction of rural poverty and vulnerability of residents in fifty rural communities in Grenada, Carriacou and Petite Martinique, by increasing the income of rural young unemployed or self employed men and women among other vulnerable groups.
In congratulating the recipients on their proactive approach to life, Minister Nimrod called on them to be careful about using monies from the business for other matters. Drawing several instances where entrepreneurs failed because of this ill practice, the minister told them they could be successful with careful planning and smart execution of their business.
Congratulating MAREP for its efforts the minister said no government could provide all the employment that a country needs.
Pointing to the fact that unemployment is a serious issue, the minister congratulated the recipients for taking such a positive step forward to develop themselves.
“You must take a business approach in this venture” said the minister. “In order to succeed you must follow financial rules and I’m certain that you may even want to request further training from MAREP”.
Byron Campbell called on the recipients to make full use of the grant. He said that MAREP is serious about the development of Carriacou and Petite Martinique.
Calling on the recipients to see it as an investment while reminding them that it is a grant, Campbell advised it could be done with strict business rules.
“I’m hoping that Carriacou can make full use of this program”, said Campbell. “This is an investment to enhance your income generating possibility”.
Support he said has also been given to the Carriacou Farmers Association main building, Harvey-Vale Honey-Bee keepers Project, Dumfries and the Mt Dor farm roads.
Business Specialist with MAREP, Shievlyn Boney, told the ceremony that the five projects which received funding at the exercise were, Dokas Farming, Green Seafarers and Calabash Creations (from Carriacou and Petite Martinique) while Caring Hands Geriatric Care Services and Fresh Crop Farmers, from mainland Grenada were also recipients in this disbursement of funds.