Business
X Leo Leacock Memorial Lecture at Small Business Week 2024 Explores Strategies for MSME Growth
The X Leo Leacock Memorial lecture during Small Business Week 2024 explored challenges facing micro, small, and medium enterprises. Hon Allen Chastanet shared insights on regulatory frameworks and economic drivers.
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Originally published by barbadostoday.bb (opens in new tab)
The signature event of Small Business Week 2024, the X Leo Leacock Memorial lecture, provided an opportunity for stakeholders to discuss the impediments to the growth of micro, small and medium enterprises and to hear from subject matter experts on tried solutions to addressing these issues.
This year’s lecture was facilitated by the Hon Allen Chastanet, current Opposition Leader of Saint Lucia and a well-known businessman in the Caribbean. Having served as the prime minister of Saint Lucia from 2016-2021, Mr Chastanet was able to draw from his wealth of experience as a policymaker in detailing the type of regulatory regime required to enable a vibrant and competitive MSME sector.
The lecture delved into small business development, entrepreneurship, and tourism as key drivers of economic growth, with examples drawn from Barbados and Saint Lucia.
Some of the key themes discussed included:
