Search Result for: small business development

239 results found.

Haiti: World Bank Approves $90 Million in Health, Business Grants

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The World Bank’s executive board has approved a pair of grants for Haiti totaling $90 million. The first is a $70 million grant from the International Development Association that will cover […]

Doing Business in the Caribbean: Lessons From Singapore

By Paul Hay Op-Ed Contributor In the “Competitiveness of Small Nations: What matters?”, Densil Williams and Beverly Morgan analyze the competitive performance of Singapore, Barbados, Jamaica, Trinidad and Tobago under the “Global Competitiveness Report” over a period spanning 2004/5 to […]

Jamaica Plans $4.5 Million in Funding for Small Business Sector

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has earmarked approximately $4.45 million in funding for micro, small and medium-sized enterprises in the country for fiscal year 2013/2014, according to Industry Minister Anthony Hylton. Of that money, which […]

Grenada Looks to Young Entrepreneurs For Development

Above: St George’s, Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s Ministry of Youth, Sports and Ecclesiastical Relations has launched a new “Entrepreneurship Programme,” which seeks to give young Grenadians the “skills and knowledge to start, grow and develop […]

Grenada’s Government Planning to Grow Small Business Sector

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada’s government says it will be putting an emphasis on growing the country’s small business sector. The government has reportedly set aside “a sum of money targeting SMEs,” according to Oliver […]

Op-Ed: The Logistics Hub Project and Jamaica’s Development

By Paul Hay Op-Ed Contributor ONE LINE of the Jamaican National Anthem reads: “Give us vision lest we perish.” Vision 2030 Jamaica provides a national development plan for making “Jamaica, the place of choice to live, work, raise families, and […]

Haiti: Small Businesses Launch “Road Show” Tour of US, Dominican Republic

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff A group of small businesses in Haiti are taking their show on the road as part of the Leveraging Effective Application of Direct Investment programme. The initiative, which is funded by […]

Small Business Competition Launches Second Round in Haiti

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The second round of USAID’s LEAD business competition has launched in Haiti. The programme, which is implemented by the Pan American Development Foundation and funded by USAID, provides matching grants for […]

US Virgin Islands Receives Federal Funds for Economic Development

Above: USVI By the Caribbean Journal staff The United States Virgin Islands has been awarded more than $1.4 million in economic development funding from the US Department of Commerce. Of the funding, $1 million will be used to help establish […]

Haiti to Expand Business Incubator Project

Above: Haiti (IDB Photo/Peter Bate) By the Caribbean Journal staff Haiti will be boosting its a “business incubator” pilot project in the country with help from the Inter-American Development Bank. Haiti will invest $17.25 million in programmes aiming to support […]

Op-Ed: Only Small Business Can Save the Bahamian Economy

By Mark A Turnquest Op-Ed Contributor National policymakers in the Bahamas have focused on top-down economic strategies to improve the tourism, financial services and construction industries for almost 40 years. However, after all is said and done, the Bahamas, as […]

In St Kitts, a Boost for Small Business

Above: Basseterre (CJ Photo) By the Caribbean Journal staff Entrepreneurs in St Kitts and Nevis will be receiving support from a new source, thanks to a soon-to-launch programme by the St Kitts and Nevis Sugar Industry Diversification Foundation. The Small […]

Jamaica’s Paulwell Urges Small Businesses on Green Energy Loan Facility

Above: Montego Bay By the Caribbean Journal staff A joint fund from the Development Bank of Jamaica and PetroCaribe is offering a loan facility for small businesses in Jamaica to green their energy operations, and Energy Minister Phillip Paulwell is […]

Op-Ed: The Internationalization of Jamaica’s Small Business Sector

By Richard Kildare Op-Ed Contributor The challenges in developing any economy are many. It is prove, however, that through the infrastructural development of small businesses and entrepreneurship, this sector can account for employing more than 60 to 80 percent of […]

Trinidad and Tobago Looks to Develop Small Business Policy

By the Caribbean Journal staff Trinidad and Tobago’s Ministry of Labour and Small and Micro Enterprise Development began a series of consultations this week aimed at developing a small business policy in the country. The first meeting was held in […]

Haiti Launches Business Census

Above: the power plant in Haiti’s Caracol By the Caribbean Journal staff Haiti’s government officially launched a census Monday with the help of the best UK forex demo accounts aimed at taking stock of the country’s commercial and industrial enterprises. […]

Op-Ed: Harnessing the Power of Small Business in Jamaica

By Richard Kildare Op-Ed Contributor It is a fact that micro, small and medium-sized enterprises are critical to the development of every nation’s growth. It is not a position that can be seriously disputed; MSME’s are a virtual powerhouse and […]

Dominica Growing Small Business Sector

Above: Dominica (Photo: Dominica Tourism) By the Caribbean Journal staff Dominica’s small business sector is showing signs of growth, according to Tourism Minister Ian Douglas. The improvement comes along with concomitant growth in the tourism industry. Douglas said more than […]

Barbados Foreign Minister: Cultural Industries Critical for Development

Above: Bridgetown, Barbados (CJ Photo) By the Caribbean Journal staff The cultural industries are a critical sector for Barbados’ development, according to Minister of Foreign Affairs and Foreign Trade Senator Maxine McClean. McClean was speaking following a courtesy call from […]

Jamaica’s Peter Phillips: Small Businesses “Critical” to Economic Rebound

Above: Finance Minister Dr Peter Phillips and Industry Minister Anthony Hylton (JIS Photo) By the Caribbean Journal staff Jamaica’s small business sector is a critical part of the country’s economic recovery, according to Finance Minister Dr Peter Phillips. The Minister […]

Jamaican Small Businesses Going Green through New DBJ Programme

Above: DBJ Managing Director Milverton Reynolds, DBJ Project Coordinator Christopher Brown, Minister of State Julian Robinson and CAC 2000’s Steven Marston By the Caribbean Journal staff Jamaican small businesses are getting a green boost thanks to a new project from […]

Op-Ed: The Bahamian Election and the Importance of Small Business

By Mark A Turnquest Op-Ed Contributor Small and Medium Sized Enterprise (SME) owners must carefully review all political parties’ platforms for the upcoming May 7, 2012 general election in the Bahamas. SME owners must determine which political party best articulates […]

Dominican Republic President Proposes Regional Small Business Fund

Above: Dominican Republic President Leonel Fernandez (Photo: OP) By the Caribbean Journal staff Dominican Republic President Leonel Fernandez is proposing the creation of a fund to finance micro, small and medium-sized enterprises in the region. The momentum for these kinds […]

From St Lucia to Jamaica, OAS Launches Caribbean Small Business Project

Above: officials on hand in Washington at the announcement of the project (Photo: Patricia Leiva) By the Caribbean Journal staff Five CARICOM member states, including Barbados, Belize, Jamaica, Dominica and St Lucia will be the sites of a joint OAS-United […]

Canada to Support Local Economic Development in the Caribbean

Above: Canadian Minister of International Cooperation Beverley Oda (UN Photo) By the Caribbean Journal staff The Canadian International Development Agency is funding a new project to support local economic development in the Caribbean. The Caribbean Local Economic Development project will […]

A Boost for Haitian Small Business

By the Caribbean Journal staff Small and medium enterprises in Haiti are getting a boost thanks to a joint programme between the International Finance Corporation and local institution Sogebank. The project involves reengineering Sogebank’s SME unit, improving its products and […]

Caribbean Banks to Increase Credit for Small Businesses: Report

Above: Claughton House in Nassau (Photo: CJ) By the Caribbean Journal staff A large majority of banks in the Latin American and Caribbean region consider small- and medium-sized enterprises a strong part of their business, and plan to increase their […]

Op-Ed: Developing the Right Small Business Act for the Bahamas

Above: Bay Street in Nassau (CJ Photo) By Mark A Turnquest Op-Ed Contributor After my organization hosted the country’s first Small Business Summit in 2009, it was evident that the Bahamas needed a national strategic plan for the development of […]

Riu Just Opened Its Newest All-Inclusive in Jamaica