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MSMEs urged to explore opportunities in emerging industries

Published:Saturday | October 22, 2016 | 10:19 PM

Medium-, small- and micro-enterprises (MSMEs) are being encouraged to explore business opportunities in new and emerging industries.

The suggestion came from Assistant Business Advisory Services Manager at the Jamaica Business Development Corporation (JBBC) Keera Walters.

She notes that globalisation has changed the needs of the marketplace and says entrepreneurs should see this shift as a chance to develop new business concepts and products.

Walters cited the creative and sports industries as non-traditional areas with a lot of room for exploitation.

She says the agro-processing sector is another industry that has a huge value chain which entrepreneurs have not fully capitalised on.