Over twenty (20) persons have completed the inaugural Business Continuity Planning for MSMEs Workshop held by the Centre for Enterprise Development Inc. (CED).
The three-day workshop took place at the CED’s Conference Room from 9-11 September and was attended by entrepreneurs who operate Micro Small and Medium Enterprises (MSMEs), including eight women from the southern Grenadines-island of Canouan.
The goal of the workshop was to empower the participants to equip their businesses with a robust Business Continuity Plan (BCP) to minimize disruptions and safeguard operations, strengthen their businesses’ ability to quickly recover and adapt to unforeseen challenges, and help them gain practical knowledge on risk management and business resilience that can be applied directly to their operations.
The workshop was supported by the United Nations Build Back Equal Project, which sponsored fourteen (14) women to attend. It covered a range of topics, including Hazards in the Caribbean, Risk Identification and Business Impact Analysis, Mapping Critical Business Functions, and the Process of collecting and analysing data for developing a Business Continuity Plan.