By Sami Zaptia.
Tripoli, 20 December:
The newly rebranded SMEs (Small and Medium Sized) department, formerly under the Economic Development Board (EDB), now called . . .[restrict]”Libya Enterprise” and part of the Ministry of Economy, held a conference in Tripoli earlier this week.
The two day conference from 18-19 December was titled the ”Entrepreneurship and Innovation Annual Conference – The National Innovation System: Present and Future Prospects”.
The conference aims to support the role of Libyan Enterprise in fostering the process of development through the promotion of innovation and entrepreneurship. This it hopes to do through society and in developing business support infrastructure in cooperation with local and international organisations.
The conference was attended by the Deputy Minister of Economy Rajab Khalil, the Deputy Minister of Labour, GNC members, experts from abroad, as well as numerous members of the business community.
After the welcoming remarks by the Director General of Libya Enterprise, Abdulrazak Grady, the Deputy Minister of Economy Rajab Khalil opening the conference said that ” the Libyan economy needs re-organisation and we are counting on the SME sector to play its part in the development of the economy”.
The conference discussed numerous topics over the two days including SME policies, the culture of entrepreneurship, funding, Islamic funding, regional development, Arab experiences and knowledge based SMEs. [/restrict]