• Strongim Bisnis in Solomon Islands

    Business Enabling Environment

Our Business Enabling Environment Program

Overview

The business enabling environment (BEE) includes norms and customs, laws, regulations, policies, international trade agreements and public infrastructure that either facilitate or hinder the movement of a product or service in a market. At one end of the spectrum, conventions, treaties, agreements and market standards shape the global business enabling environment. The business enabling environment at the national and local level encompasses policies, administrative procedures, enacted regulations and the state of public infrastructure. In addition to these more formal factors, social norms, business culture and local expectations can be powerful aspects of the business enabling environment.

Every day an entrepreneur spends filling out paperwork or in line at a government office is a day not making sales or finding new customers. Burdensome and unpredictable regulation is costly both in terms of the time and money required for compliance as well as an opportunity cost. In many countries, these costs are substantial. A growth-oriented small businessperson faces a choice: comply with regulations and incur costs so high that they jeopardize the business’s viability or try to survive in the informal sector without bank credit or enforceable contracts and at constant risk of harassment from authorities. Reform of the BEE can result in substantial benefits for an economy including faster growth, less unemployment, more gains from trade, greater formalization, reduced poverty, less corruption and lower budget deficits.

  • All interventions for Micro, Small and Medium Enterprises (MSMEs) include women, youth and people living with disabilities.

    Improve access to finance for MSMEs.

    Improve the socio-cultural normative environment for women, youth and people living with disabilities.

    Improve access to domestic and international markets for MSMEs, including the virtual economy.

    Improve support services for MSMEs.

    Improve the policy, laws and regulations for MSMEs (including for women, youth and people living with disabilities).

    Improve education, training and labour markets for MSMEs.

  • There is considerable momentum in the public and private sectors behind initiatives to strengthen the business enabling environment (BEE) for MSMEs.

    Because many of the market system and behavioral changes required to improve the overall business environment involve the same market actors and constraints, our 2019 strategy features a Business Enabling Environment Program. This unifies the BEE-focused elements from our individual sector strategies and takes a holistic approach to these constraints.

    In 2018 we initiated a number of partnerships and activities, including with WARA, Central Bank of Solomon Islands, MCILI, SunPower, and Oxfam, aligned with the Ministry of Commerce, Industry, Labour, and Immigration, priorities and other donor programs, which, in addition to the analysis underpinning our initial MSA, helped refine our sector strategy to focus on six Intervention Areas in 2019.

Strongim Bisnis is an Australian Government Initiative

Strongim Bisnis is implemented by Adam Smith International

Location

Location of Strongim Bisnis in Honiara

Business Hours

Monday-Friday: 9am to 4.30pm
Saturday: Closed
Sunday: Closed

Please contact us on:
+677 25664