Small Business Development Program Announced

TFNN – Obroa System, Nouane Sector

In a short press conference held via HoloNet, Trade Federation Viceroy Jacob Jansen, High Ambassador Tovakinpi Toshikhan, and Minister of Production Salamku Derov, announced the formation of a new initiative for supporting small businesses operating in Federation Space, the Trade Federation Small Business Development Program.

Commerce in Federation space has long been dominated by nationalized businesses like Dorinian Military Corps and the Techno Union, with smaller businesses – even wildly popular outfits like Hrast Holdings and Dail’s Delicious Deals, LLC – not getting as much exposure to the masses. This new program is designed to extend the spirit of the fundamental principles of the Federation, Honor, Integrity, and Profit, to a wider array of entrepreneurs than ever before. Said Viceroy Jansen during the announcement, “I am pleased to be able to give back to the less-fortunate companies. A healthy economy benefits everyone and if we can support smaller companies from the ground up to be able to contribute, we all win.”

According to the press release that accompanied the announcement:

“The Trade Federation has, for over a decade continually sought, and been largely successful, in supporting the activities and ambitions of many of the galaxy’s finest entrepreneurs. The motives for this support of the trading community are manifold; the Federation is made up of individuals, from Viceroy to Cadet, committed to the Trade Federation’s founding principles, Honor, Integrity, and, Profit. The history of the Federation since Viceroy Corbin Esco’s reformation over ten years ago produced a legacy of both strong support for the galaxy’s trading community, and the creation of an environment where contract is king. Honor and Integrity of contract are the foundations of the Trade Federation’s business reputation. It is a legacy the Federation is proud to bear.

Fledgling new businesses, and small commercial associations (e.g. many of the various sorts of non-faction groups) have long been a cornerstone of the galactic trading community. Committed to new concepts, ideas, and, practices, the individuals at the helm of these enterprises have time and again proven their ability to rise up and conquer entire industries when adequately fuelled by dedication, perseverance, and the insight of veteran investors. The Federation itself has derived great benefit from its role, and concomitant responsibilities, within and towards galactic traders and new businesses. Over the long course of this active engagement, many individuals with whom we have formed a strong business relationship have subsequently taken the immense decision to bring their companies into partnership with the Federation. In a select few cases these individuals and their companies have even been purchased by the Federation or its allies with overwhelming enthusiasm.

Recognizing the success of these past investments the Trade Federation has chosen to expand, formalize, and publicize the process by which it invests in and helps to accelerate the growth and ultimate success of ambitious new start-ups and rapidly growing small businesses. As of Year 17 Day 243, we invite any entrepreneurs in good standing with the galactic trading community, the Trade Federation, and her allies, to apply for the Trade Federation Small Business Development Program.”

The Small Business Development Program is designed to offer support to groups looking to establish a secure, more permanent location for their groundside business operations. Support comes from a variety of avenues, including help in finding a place to build brick-and-mortar facilities, startup loans, and preferred access to raw materials for production. Additionally, the Federation will be offering consultation services regarding optimum production and storage facility layouts. All that is required for someone to apply for assistance under the Small Business Program is to be a Federation citizen, have a clean trading and criminal record, to show an active and engaged group of employees, to submit a business plan, and to interview with Federation officials.

Reporters were able to talk to High Ambassador Toshikhan to ask about his opinions regarding the Small Business Development Program. He responded, “The Trade Federation Small Business Development Program is a projection of the core values of the Trade Federation and a reflection of its roots. The Trade Federation started as a small trading organization, that fact is often forgotten. Where dozens of new companies form every year, few survive. Business is one of the most competitive aspects in this galaxy. The Trade Federation is looking back at its roots and offering guidance to those that follow in its footsteps so that more companies, more great products and great ideas can be given the opportunity to flourish throughout the galaxy.”

Year 17, Day 243 | Nouane Sector, Obroa System, onboard the Lucrehulk 3210 Battleship TFP Inspiration | Economy

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