In August, we celebrated the third edition of our employee entrepreneurship fair in Honduras during the Gastro Bazaar, where close to 20 entrepreneurs presented their products and services. This event had a two-pronged purpose: to promote entrepreneurship amongst our employees, and to raise funds for a charitable cause. The earnings received from ticket sales, as well as from a small onsite Gildan store, amounted to more than USD $3,600 and were donated to the Amor y Vida Foundation, which provides home, food, and care for children with HIV. In addition to our entrepreneurs, a committee of volunteers helped raise funds, and the Amor y Vida Foundation attended the event and helped fundraise with sales of furniture from their carpentry workshop.
To encourage entrepreneurship and foster empowerment, our team in the Dominican Republic held the Feria Artesanal Gildan (Gildan Craft Fair) in July, which served as a complementary initiative alongside our program La Comunidad Emprende (The Community Startup). We identified small entrepreneurs from the Guerra community and gave them the opportunity to promote their products and services at the craft fair.
This event fosters entrepreneurial spirit and helps local business owners gain recognition among Gildan employees for the services and products they offer. For this event, we provided a space at our Dortex plant and created a two-day craft fair so that these young entrepreneurs could sell their products. More than 300 Gildan employees supported the initiative and purchased approximately 564 products – worth thousands of Dominican pesos.
Gildan entrepreneurs participate in “Becoming an Entrepreneur in my Country", launched by the Honduran Maquila Association (AHM) to promote an entrepreneurial model that generates self-employment opportunities and new income for workers in the textile-apparel sector. Through this initiative, the AHM offers assistance to three employee profiles: Those who would like to become entrepreneurs but do not yet have a business concept; those who have one or several business concepts; and those who already have a business in place. With this, potential entrepreneurs were able to receive training during three phases of the entrepreneurship model.
For several years, we have supported entrepreneurs by offering opportunities to promote their products and services as well as by providing training through different local organizations.