The juvenile and feminine
business dexterity in Cyprus is a new innovation which it has imported by the
Government of Cyprus via the Ministry of Trade and Industry and aims at as the
aid, promotion and competitiveness of juvenile feminine of small and medium
enterprises. The chalk-lines that
have been committed have
been in the frames of the operational program “Sustainable
Growth and Competitiveness” and amount to be spent is sixteen (16) million Euros. This
innovative program SGC that has been announced by
the MTI Ministry of Trade and Industry of Cyprus is expected to give the opportunity to create at least 1000 new jobs, thus it will contribute in the creation of new modern small to medium-sized competitive enterprises in the modern labor market which is altered and modernized continuously in various ways. The creation of these juvenile small to medium-sized enterprises is considered to be the backbone of the Cyprus economy which constitutes simultaneously the founding of a robust economy. Moreover, this modern and
innovative idea is identified with the creation of new entrepreneurships, innovation and hopefully prosperity, particularly in a period where it is infested from the world economic crisis and the increasing unemployment rate among the young people.
The application of drawing “juvenile and feminine business dexterity”
constitutes a very effective tool that will allocate for the aid of business
dexterity and small enterprises. If Cyprus really wants to come out of this
economic and financial crisis, all human resources, women and young people must
be used and all obstacles that that limit them to participate effectively in
political and economic development should be eliminated. Innovative and non-bureaucratic
procedures must be adopted that will encourage them to set up their own
businesses. However in order to become this a reality it is necessary for
prominent leaders in all fields, beyond education and the economy, to be able to establish
the new Cyprus free from the anchorages and mistakes that led us to the current
economic crisis."
To stress the importance of
the role of the small businesses a spokesperson of the European Council in
Cyprus mentioned that the small business account for 99% of all businesses and
58% of total turnover in the EU. As reported in the report of the EC by
Austrian member of the European Parliament Paul Rübig, 23 million SMEs "are the backbone of the
European economy". He also added that the growth of
these businesses is a crucial prerequisite for boosting Europe's competitiveness and attracting investments and productive units.
Referring, also to another report on the face of female poverty in the EU, it
was said that women are more affected by poverty than men makes the program of “Juvenile
and feminine business dexterity in Cyprus” very important for the Cyprus
economy especially among the young female population.
SGC-
Sustainable Growth and Competitiveness
MTI Ministry of Trade and Industry
of Cyprus
EU- European Union
EP-European Parliament
SMEs - Small Medium Enterprises