Twenty-five (25) business owners and operations in the Southern Grenadines will this week be introduced to a new tool that will improve their knowledge and understanding of the financial aspects of their businesses.

The Centre for Enterprise Development Inc. (CED) will take its Micro Business Game Simulation Workshop to Union Island from May 7th to 10th at the Ashton Learning Resource Centre, 6:00 p.m. to 9:00 p.m. daily.

The overall objective of the Micro Business Game Simulation is to give participants the experience of how to manage a micro-business effectively, using an experience-based approach.

CED will conduct the workshop as part of the Savings Banks Foundation for International Cooperation’s (SBFIC)/Eastern Caribbean Eastern Caribbean Central Bank (ECCB) endorsed project to support the strengthening of the financial sector and improvement of access to financial services in the Eastern Caribbean Currency Union (ECCU) by Small and Medium Enterprises (SME’s).

The workshop on Union Island comes one week after sixteen (16) students at the Barrouallie Technical Institute (BARTEC) were exposed to the MBG. Following this, from May 14th to 17th, nineteen (19) students at the Division of Technical and Vocational Education at the SVG Community College will also be introduced to the MBG Simulation training.

Since CED introduced the MBG last December here, fifty-five (55) persons have successfully completed the training.

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