An agreement of mutual cooperation was signed between National Small Industries Corporation (NSIC) and the Tobago House of Assembly, Division of Finance and Enterprise Development (Government of Trinidad and Tobago) for the development of micro, small & medium enterprises in both the countries. The MOU was signed by Dr H.P Kumar, CMD, NSIC and Dr. Anselm London, Secretary of Finance and enterprise development, Tobago House of Assembly (Trinidad and Tobago) in the presence of Shri Dinsha Patel, Honourable Minister of MSME, Government of India & Shri Dinesh Rai, Secretary, MSME also present on the occasion were Shri Pravir Kumar, Joint Secretary, MSME, Shri Manoj Aggarwal, PS to the Hon’ble Minister MSME and Shri A.K.Jha ,Director, MSME. The MOU also envisages the small enterprises in Tobago to modernise as also setting up of Technology cum Business Incubator Centres, developing policies and Institutional framework for SME development in Tobago.