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Bank revamps annual awards

Filipe Naigulevu
Thursday, November 30, 2017

NOW in its 13th year, the Fiji Development Bank's 2017 FDB's National Small and Medium Enterprise Awards has been revamped taking it to greater heights since its inauguration in 2004.

Coinciding with FDB's 50th anniversary year, the revamped 2017 FDB's National SME Awards was launched in Suva yesterday by the development bank along with its partners and sponsors.

FDB board chairman Bob Lyon said apart from promoting and encouraging SME development, the Award has been restructured to contribute in progressing global goals.

This includes the United Nations Sustainable Development Goals (SDGs) and the Climate Change Framework as reflected in FDB's new Strategic Plan 2018-2020.

"The vision for FDB in 2020 is that of a development bank that is strongly positioned as one that drives for changes that promote inclusive, green and sustainable development and initiating and providing innovative financing solutions," Mr Lyon said.

"This year we have also branded the awards program. The brand is representative of our connection with the ocean, the land and natural resources. The shell represents our connection to the ocean in an era of rising sea level. The green represents our connection to the natural land resources as well as Fiji's national direct access accreditation, through FDB, to the Green Climate Fund.

"The gold represents the sun's rays that serve to remind us of the unlimited strength that lies within us to grow and prosper as entrepreneurs, as partners and as a nation."

Mr Lyon said the prizemoney had also increased this year from the previous $36,000 to a grand $61,000.

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