Local entrepreneurs and manufacturing businesses in Seychelles will soon benefit from brand equity for locally produced goods with the establishment of a national ‘Made in Seychelles’ brand and label.

In a cabinet meeting held on Wednesday July 24, cabinet considered the setting up of the brand to empower local entrepreneurs and business-owners and to promote the consumption of locally produced products.

Principal secretary for the department of Industry and Entrepreneurship Angelique Antat provided more details on the ‘Made in Seychelles’ brand policy which seeks to address Seychelles’ over reliance on imported goods.

Statistics indicate that exports from Seychelles amounted to $325 million in 2018, while imports amounted to $1249 million.

The department of Industry and Entrepreneurship Development in collaboration with the Enterprise Seychelles Agency (ESA) have released a second informative tool for micro, small and medium enterprises (MSMEs) entitled ‘MSMEs Guide To Incentives’.

Stakeholders from government departments and ministries concerned with industries and entrepreneurship congregated at the Savoy Seychelles Resort & Spa last Friday for the first ever stakeholders forum organised by Enterprise Seychelles Agency (ESA).

The aim of the forum was to inform stakeholders of the mandate of ESA, the successor to the Small Enterprise Promotion Agency (SEnPA), and to offer stakeholders an opportunity to voice their concerns regarding the agency and its functions.