Fiji Times Logo

Fiji Time: 1:47 AM on Monday 21 April

/ Front page / Business

Sufficient capital

Repeka Nasiko
Thursday, November 15, 2012

PACIFIC women have been urged to ensure they are given enough capital to begin businesses and turn their ideas into enterprises.

This advice from Australia's first global ambassador for women and girls, Penny Williams, was given at the opening of the Pacific Women in Business conference in Nadi yesterday. In her address, she outlined the challenges and solutions, opportunities and options for entrepreneurs and leaders of the Pacific.

"Australia's experience is that if we want to see opportunities for women improve, we must begin with sound economic policies that explicitly address the unique challenges that limit women. So, too, in the Pacific," Ms Williams said. She said women must ensure they were given access to capital so that women entrepreneurs could turn their ideas into small and medium enterprises.

"Small and medium enterprises that are the source of so much growth and job creation," she said.

Ms Williams said there was also a need to examine and reform legal and regulatory systems so women could avail themselves of the full range of financial services. "We must (also) improve women's access to markets so those who start businesses can keep them open. We need to inform women about trade and technical assistance programs that are available," she said.