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BSP PNG | BSP Financial Group Limited (BSP) in partnership with Australian Business Volunteers (ABV) has extended the roll out of its Your Enterprise Scheme (YES) Grow Program to local small and medium businesses/enterprises (SMEs) across PNG, following the program’s success in Fiji earlier this year.
The launch event, held on Friday 27th October at the Hilton Hotel Port Moresby, was attended by dignitaries from the Department of Commerce and Industry, the Department of National Planning and Monitoring, Australian High Commission and US Embassy along with business leaders from small to large corporations across PNG.
Highlighting the great successes of the SMEs who have already completed the program, the agenda showcased four business owners and their journeys to success. The audience were also addressed by the Group Chief Executive Officer of BSP, Mark Robinson, Chief Executive Officer of ABV, Liz Mackinlay and Retail General Manager of BSP, Daniel Faunt.
The YES Grow (Your Enterprise Scheme) is a four-week program designed to empower and support SMEs in their growth and development. Participant SME businesses attend a series of tailored workshops, one-to-one coaching, and mentoring sessions with highly skilled business volunteers. The program leverages the expertise of ABV and the financial resources and industry insights of BSP to offer a comprehensive curriculum, mentorship, and resources tailored to the specific needs of the small businesses.
Benjamin Basso - General Manager of 3492 Logistics and Consultancy Solutions is among BSP SME Customers who participated in the Port Moresby Training and spoke at the launch. He said the program contains practical concepts that focuses on real life issues affecting most SME operations today.
“This training came at the right time when I needed the most - when I wanted to expand. My daughter, who recently completed year 12 studies, attended the training with me. We have already begun applying the skills acquired in this program to our business activities,” Basso said.
The program, with 60% female participants and women-led businesses, has supported 174 SMEs and is on track to assist 300 by mid-2024 with upcoming training cycles in Lae and Mt Hagen.
Media coverage:
BSP Financial Group Announcement
Daniel Faunt - Group General Manager at BSP
ABV CEO Liz Mackinlay Speaking at Launch Event
