Albert Chow, Chief Executive Officer of the National Entrepreneurship Development Company (NEDCO), says the company is on a drive to renew its presence in the Tobago landscape as a source of financing, and offering business advice and support.
Addressing attendees at an Open House last Friday at its Caroline Building, 36 Wilson Road, Scarborough, office, Chow said NEDCO was a government agency established under the Ministry of Labour and Small and Medium Sized Enterprise Development in 2002, with a mandate to develop the small business sector by providing financing as well as management training and business incubation services.
“The mission is to contribute to national development by empowering individuals and communities to achieve financial independence through sustainable employment derived from the provision of support and promotion for micro and small businesses. “With this launch, we hope to revitalide and reinvigorate NEDCO in the Tobago landscape as a source of financing, business advisory and all the support services that staff here at NEDCO can provide to the people of Tobago,” he said.
NEDCO Director, Marjorie Moore-Carrington, also speaking at the event, stressed the company’s commitment to the provision of essential support services for entrepreneurs across Tobago and Trinidad.
“We have been operating with a new mandate from the Ministry of Labour and Small and Medium Sized Enterprise Development, geared towards making NEDCO a sustainable, self-reliant and one-stop shop for budding as well as seasoned entrepreneurs.
“At present, NEDCO is in transition… the re-branding process necessary to ensure that we fulfil our mandate. Now it is up to the human resource to ensure that we play a pivotal role in the whole transition and re-branding process. Good customer service is a critical component on the re-branding course,” she said.