International Training Institute Supports 2022 SME Program

The development of small businesses in PNG has been impeded by a number of obstacles. According to the PNG Development Strategic Plan (DSP) 2010–2030: ….the development of SMEs in PNG has not been robust due to many policy and institutional issues, as well as environmental and structural impediments that need to be overcome.

They include issues such as policy incoherence, overlapping of rules and complexity of administrative procedures, lack of capacity development and training, lack of access to appropriate technology, lack of access to relevant markets, lack of access to information, including knowledge of potential business opportunities, and perhaps, above all, lack of access to credit. (Department of National Planning and Monitoring, 2010:100).

THE International Training Institute signed a partnership MOU with Strategic Communication’s ‘2022 SME programs’ today (Thursday the 9th of December, 2021) to provide Certificate Programs in Accounting, Business Management, IT, HR and Sales for the ‘Sumatin Enterprise Program, 2022 SME Awards and the SME Magazine.’
ITI’s support is aimed at addressing lack of capacity development and training for SMEs and aspiring young entrepreneurs in Papua New Guinea.

ITI is ACCREDITED by Department of Higher Education, Research,. Science & Technology as a provider of Higher Education in Papua New Guinea.

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