PNG and Australian entrepreneurs meet to discuss business opportunities

More than fifty aspiring young PNG entrepreneurs have met in Port Moresby today to share ideas about how to grow their businesses and social enterprises.

The Australian High Commission, in partnership with the Lowy Institute, hosted the Young Entrepreneurs Roundtable as part of PNG-Australia Bung Wantaim-Yumi Poroman Week. 

Eight guest speakers, including four from Australia and four from PNG, spoke about the challenges they had overcome and the lessons they had learnt throughout their entrepreneurship journey. 

Australian High Commissioner, Mr Bruce Davis, welcomed participants and spoke about the important contribution start-up enterprises make to economic growth.

“It is individuals like you, who are contributing to economic development, driving innovation and positive change in our two countries.

“The journey to become a successful entrepreneur is challenging, yet rewarding, and I hope opportunities like this will give you the determination and renewed energy to persevere,” he said.

The roundtable is part of the Lowy Institute’s Australia-PNG Network, an Australian Government initiative to enhance people-to-people links between Papua New Guinea and Australia.

The roundtable will help expand the networks of the Papua New Guinean and Australian entrepreneurs opening potential opportunities in both countries.

PNG-Australia Bung Wantaim-Yumi Poroman Week is coordinated annually by the Australian High Commission and highlights the connections between Papua New Guineans and Australians across a range of activities including music, sports entertainment and education.