BY BEN BILUA
SMALL to medium size businesses in the Solomon Islands are eligible to apply for the adaptation grant through the Business Link Pacific.
New Zealand Ministry of Foreign Affairs and Trade (MFAT) and Australian Government Department of Foreign Affairs and Trade (DFAT) have invested NZD3.3 million to Business Link Pacific as partner to facilitate the grant to recipients.
Speaking during the launching of the partnership, Director of Business Link Pacific, Steve Knapp said the impact of covid-19 has financially hurt small to medium business in the Pacific and that adaptation grant is a strategy to crack opportunity for businesses to recover.
He said the grants will help affected businesses with funding to support new products and services, as well as projects to adapt to the changing environment.
This paper understands that the Adaptation Grants will be available to eligible businesses in the Cook Islands, Fiji, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Tonga, and for the first time in Vanuatu.
The grant is open for applicants until 27th next month on website; finance.businesslinkpacific.com/adaptationgrants