September 2015 Issue Business View Caribbean

Business View Caribbean - September 2015 69 are still not aware of the wide variety and quality we produce across the spectrum of locally manufactured products.” Adherence to international standards and capacity building are also some other hurdles which need to be conquered, so the BMA has been placing effort on standards and compliance. For many manu- facturers, the next step in business growth is the de- velopment of an export market. It is one sure way to break free from the limitations of the local market. A number of manufacturers are already export ready, while others are putting things in place to be ready. Consequently, the BMA is working on compliance. FDAA regulations for the importation of food and Mi- ami-Dade standards for the importation of windows and doors are examples of the standards which must be met for local manufacturers to successfully export to U.S. markets. The Association is working with agen- cies such as the National Council for Science and Technology and National Standards Institute to help manufacturers reach compliance. As in any business sector, stronger strategic partner- ships are vital. There is a need for greater inter-agency collaboration between the BMA, the Barbados Indus- trial Development Corporation and the Small Business Association, among others. The primary objectives are the same – local business development and growth of the national economy. As resources are pooled, best practices shared and national opportunities maxi- mized, the economy can grow. “Is there still a lot of work to be done? Of course the answer is yes,” Nicholls said. “From standards to label- ling to marketing and beyond, there is a lot manufac- turers need to do to safeguard their future. However, the biggest factor which will determine our success is our attitude and tenacity. As the Association continues to celebrate 50 years of service to Barbadians, it asks that Barbadians continue to support local products, local jobs and drive the country’s future as a nation.”