Innovation, Trade and Rural Development
April 29, 2010
The following statement was given today in the House of Assembly by
the Honourable Shawn Skinner, Minister of Innovation, Trade and Rural
Development:
Network of Women-owned Companies Targets New Business
Opportunities
Coming together and working towards a common interest has many
benefits.
To quote the Newfoundland and Labrador Organization of Women
Entrepreneurs or NLOWE as it is more commonly known "the greatest
opportunities arise from pooling resources and working together to
better export to international markets."
As a government, we share this view and are working with partner
organizations like NLOWE to create new international business
opportunities for companies from across the province.
Central to the approach of encouraging partnerships and collaboration
is the Business Networks Program. Administered by the Department of
Innovation, Trade and Rural Development, this program is advancing the
export agenda of local businesses. Through it, companies across a
variety of industry sectors including aerospace and defence,
aquaculture, and manufacturing are working collectively to improve their
competitiveness.
Currently, the Department of Innovation, Trade and Rural Development
is working with NLOWE on a network of women business owners who have
joined forces to pursue export markets for their products and services.
Through this network, business owners can leverage the advantages of
being certified as a women-owned business by WEConnect Canada.
This internationally-recognized certification can lead to increased
access to the supply chain of larger corporations and public sector
organizations with supplier diversity policies. Members can also acquire
valuable skills related to export readiness, market entry strategies,
matchmaking, and contract negotiations.
Bernice Walker from Corona College in Grand Falls-Windsor believes
that networks and greater collaboration provide entrepreneurs with the
keys to a world of opportunities. Collaborating with other businesses
and thinking beyond the province's borders has led it to generating
business in Northern Canada, United States, and as far away as South
Africa. Corona College is one of several network members, which also
includes Applecore Interactive, Pilot Communications and TeleLink.
In June, representatives of the network will be participating in a
trade mission led by NLOWE that will take them to Baltimore for the
National Conference and Business Fair.
This conference will provide network members with the opportunity to
connect with global corporate buyers through a series of one-on-one
meetings. While in the Capital Beltway area that encompasses the
Washington, D.C. and Baltimore loop, members will also meet with other
businesses to explore potential linkages.
I wish the network of women business owners the best of luck as they
proceed forward. I am confident that through greater collaboration and
partnerships they can capitalize on any and all opportunities to realize
success.
2010 04 29 1:45 p.m.