TechInPacific – In PNG’s buzzing city of Lae, one incubator hub is busy nurturing the growth of the local SMEs. Meet Lae SME Incubator Hub, an initiative that is making business operation and profit a dream comes true for the men and women of any ages in the country.
Launched in July as the partnership between Tok Stret Consulting and Lae City Authority Support, the hub provides skill training for job seekers, building the business from scratch for aspiring MSME and SME, as well as a mentorship program for product launching that innovators may struggle with.
“There is too much talk and not enough action for PNG SME’s”, said Julliane Terry, owner of Tok Stret Consulting.
“This has been a passion of mine, shared by my husband to provide programs of training, development, and capacity building in a sustained, fun, energetic and rewarding way”.
The hub has held several bootcamps since August this year, with over 50 people attended the first session before being a break down into smaller groups of 10 to 12 people. Called the Dream Blo Mi, Painim Wok, and Nidim Halvim bootcamp, with the latest sessions scheduled for the next rounds in 3-4 months.
As the hub explained in its official Facebook account, the bootcamps are meant for a long-term fix to develop and maintain effective habits.
“Our programs are not one-day workshops, they build and develop over 3 – 4 months. We are all made up of habits and for real change to occur it takes at least 3 months to begin to develop new habits, which is what we work on as well as business tools, planning, energy, and belief.”