Thursday, April 18, 2024

SBA head points to key role of technology

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USING TECHNOLOGY is critical to the growth  and development of the small and medium-sized  (SME) business sector on the island.
This assertion has come from Lynette Holder.  chief executive officer of the Small Business Association (SBA), as she addressed the official launch of the SBA’s Small Business Week last Friday at the association’s head office at Pelican Industrial Park.
She said technology would be the focus during  this year’s Small Business Week, which begins on September 23. The theme for this year is Embracing Technology As The New Frontier.
“As we focus our attention on the SME sector [and]  we go forward in the new year, the new dispensation  of business will rely and depend heavily on the use  of technology,” said Holder.
For that reason, she said, the association  would be promoting Information Communication Technology (ICT) usage as “critical” to the small  business sector.
“For our firms to be competitive, for our firms  to be efficient and effective, they need to use ICT.  So we are saying this is the new frontier . . . for  firms to continue to grow, they need now to embrace technology as the new frontier,” stressed Holder.
She also said the SBA would be placing more emphasis on the entertainment industry. (MM)

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