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Micro, Small and Medium Enterprises are set to benefit from a significant expansion of the Government’s MSME Grant Programmes, Acting Prime Minister and Minister for Trade, Co-operatives, Micro, Small and Medium Enterprises, and Communications, Hon. Manoa Kamikamica, announced today.

With a total allocation of $4.9 million, a 36% increase from last financial year, the Ministry is calling for Expressions of Interest (EOI) from eligible Fijians for five flagship programmes: the Young Entrepreneurship Scheme (YES), National Export Strategy (NES), Integrated Human Resources Development Programme (IHRDP), Northern Development Programme (NDP), and Trade Enhancement Programme (TEP).

“These programmes are designed to unlock the potential of every Fijian entrepreneur,” Hon. Kamikamica said. “Our goal is simple: to provide the tools, resources, and confidence for small businesses to grow, innovate, and contribute to our nation’s economic development.”

𝐊𝐞𝐲 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐟𝐫𝐨𝐦 𝟏 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟓 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

• 𝐘𝐨𝐮𝐧𝐠 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬𝐡𝐢𝐩 𝐒𝐜𝐡𝐞𝐦𝐞: Grant threshold increased from $30,000 to $50,000. 60% of funding will support unique and innovative business ideas, while 40% will assist existing businesses demonstrating a clear path toward sustainability and net-zero carbon emissions.

•𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐱𝐩𝐨𝐫𝐭 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲: Funding increased from $100,000 to $150,000 to assist businesses expanding into export markets.

• 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝 𝐇𝐮𝐦𝐚𝐧 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐦𝐞: Grants up to $150,000 remain, with a $2 Million budget distributed to ensure inclusivity, 35% for urban businesses and 65% for peri-urban and rural enterprises.

•𝐓𝐫𝐚𝐝𝐞 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐦𝐞: The threshold has increased from $1,000 to $5,000 to provide stronger support for micro-business operations amid rising costs.

• 𝐍𝐨𝐫𝐭𝐡𝐞𝐫𝐧 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐦𝐞: Continues to provide critical support to businesses in the Northern Division, fostering regional economic growth.

The Acting Prime Minister emphasised that these changes are not merely financial adjustments.

“These are investments on people, their creativity and sustainable business practices. These grants give Fijian the opportunity to pursue their dream, expand their business, and create jobs that will strengthen communities across Fiji.”

The increased thresholds are aimed at assisting MSMEs to procure capital expenditure to kickstart or enhance their business operation.

These changes reaffirm the Government's dedication to empowering Fijians, supporting entrepreneurship, and creating opportunities that drive economic growth while ensuring inclusivity and sustainability.

Eligible businesses can submit their Expression of Interests starting from 1st September.

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