Island enterprises to gain from business mentoring

2011-08-08T12:00:00Z

<p style="text-align: justify;">A successful New Zealand government sponsored business mentoring programme that has helped 53,000 companies boost productivity and profitability is being expanded in a big way into Pacific Island countries. <!--more-->The government has injected a further $1million into the $3.5 million programme, helping it to cover more Pacific Island countries.</p>
<p style="text-align: justify;">The programme has been operating in Fiji and Papua New Guinea over the past 12 months in association with national chambers of commerce and the Pacific Islands Private Sector Organisation (PIPSO).</p>
<p style="text-align: justify;">In the year that the mentoring programme has been operating in the islands, some 40 new jobs have been created because of better productivity and profitability in the companies that took advantage of the programme and implemented operational improvements suggested by mentors working with individual businesses.</p>
<p style="text-align: justify;">The programme will be advertised in island nations through their respective chambers of commerce calling for registrations to the programmes. The initiative has been so popular that 100 per cent of the businesses that signed up for it and were polled for a survey said it was useful for them and they would recommend it to other businesses.</p>