Scheme aims to empower businesses

Business

THE Human Development Institute and the British American Tobacco (BAT) have agreed to start the roll-out of a corporate social responsibility initiative for potential micro, small, medium enterprises around the country.
BAT, according to a statement, agreed to provide K200,000 funding for the institute’s personal viability business scheme which will be implemented over five years.
The memorandum of agreement signed last Friday coincided with the graduation of 10 Praxis (students who practise what they have learned) out of a class of 21 who learned how to use K10 and multiply that into K1,000 in seven days.
Institute chairman Samuel Tam thanked BAT general manager Stephanus Duvenage and head of external affairs George Panao for their support to empower Papua New Guineans to improve their living standards through the scheme they were supporting.