Search Result for: small and medium sized enterprises
53 results found.
Colombia’s Promotion Agency Rebrands With an Expanded Mission
Above: Cartagena By the Caribbean Journal staff Since 1992, Colombia’s promotion agency has been Proexport, with a mission to promote all exports, from energy to tourism. Now, the country has announced a rebranding and an expanded mission, all under a […]
In Dominica, Helping Small Businesses Go Green
Above: Dominica (CJ Photo) By the Caribbean Journal staff Dominica’s Agricultural Industrial and Development Bank will soon be implementing a pilot project to finance energy efficiency investments by micro, small and medium-sized enterprises in the country. The project is being […]
Jamaica Planning Small Business Push
Above: Investment Minister Anthony Hylton (right) says Jamaica is planning to provide $9 million USD for small enterprises (JIS Photo) By the Caribbean Journal staff Jamaica’s government is planning a major push to boost micro, small and medium-sized enterprises in […]
Puerto Rico Governor Signs Bill on Small, Medium-Sized Enterprises
Above: Puerto Rico Governor Alejandro Garcia Padilla By the Caribbean Journal staff Puerto Rico Governor Alejandro Garcia Padilla has signed a bill aiming to boost small and medium-sized enterprises on the island. The new law has several provisions: it reserves […]
Jamaica Finalizing $50 Million “Growth and Competitiveness” Project
Above: Industry, Investment and Commerce Minister Anthony Hylton By the Caribbean Journal staff Jamaica’s government is currently in the midst of finalizing a $50 million “growth and competitiveness” project with the World Bank, according to Industry, Investment and Commerce Minister […]
Understanding Jamaica’s Logistics Hub
By Marcia Forbes, PhD CJ Contributor Help Me to Believe I WANT to believe in the Jamaica Logistics Hub. I want to feel that this multi-pronged development initiative is going to help to realize the much-touted and highly optimistic Vision […]
Dominican Republic Receives $30 Million Loan For Small Business Development
Above: Santo Domingo By the Caribbean Journal staff The Dominican Republic will be receiving a $30 million loan from the Inter-American Development bank to boost productivity in the micro, small and medium-sized business sector. The project will provide access for […]
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’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 […]
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 […]
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 […]
Haiti’s Central Bank, IFC Partner to Expand Leasing Infrastructure
Above: a waterfront rehabilitation project in in Port-au-Prince (UN Photo/Logan Abassi) By the Caribbean Journal staff Haiti’s Banque de la Republique d’Haiti central bank and the International Finance Corporation have signed a memorandum aimed at expanding leasing options for micro, […]
Dominican Republic President Unveils Plan to Boost Small Business Development
Above: Dominican Republic President Danilo Medina By the Caribbean Journal staff Dominican Republic President Danilo Medina has launched his country’s programme to help develop micro, small and medium-sized enterprises in the country. The plan, which will go into effect Sept. […]
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 […]
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 […]
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 […]
Start-Ups And Small Businesses “Important Pillars” of Jamaica’s Economy
Above: State Minister Sharon Ffolkes-Abrahams (right) with Access Financial Services Limited’s Chief Executive Officer, Marcus James (JIS Photo) By the Caribbean Journal staff Jamaica’s government will continue to provide support to assist entrepreneurs in getting off the ground and commercialising […]
BBVA Panama Gets $25 Million to Expand Lending for Small Businesses
Above: Panama City By the Caribbean Journal staff Banco BBVA Panama today signed an agreement with the IFC to provide $25 million to the bank to support its efforts to expand lending to farmers and small and medium-sized enterprises. SMEs […]
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 […]
Talking Caribbean Small Business with the Inter-American Development Bank
By Alexander Britell The Inter-American Development Bank recently released a report containing the findings of a survey of 190 banks in the Latin America-Caribbean region. The bank wanted to gauge attitudes of commercial institutions in the area about small 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 […]
A Boost for Caribbean Small Businesses
Above: IFC Headquarters By the Caribbean Journal staff The International Finance Corporation, a division of the World Bank, and Barbados National Bank have launched the Caribbean SME Toolkit in Barbados today, bringing the country an online guide for small- and […]
Is It Time for a Caribbean Stock Exchange?
Is it time for a regional stock exchange in the Caribbean? By Marcia Forbes, PhD CJ Contributor Jamaica’s Junior Stock Market Punching above its Weight As its General Manager, Marlene Street-Forrest can take kudos for the Jamaica Stock Exchange (JSE) […]
A New Vision for the Impact of Caribbean Tourism
A leading Caribbean tourism official wants to see Caribbean nationals derive more benefits from the tourism industry, leading to greater “generational wealth” for residents of the region. Speaking at the first Global Tourism Resilience Conference, which was held in Kingston, Jamaica last […]
Jamaica Is Looking to “Re-Imagine” Its Local Tourism Industry
80 percent of the value of tourism experiences worldwide are driven by small and medium-sized businesses. But less than 20 percent of the returns go to that sector, according to Jamaica Tourism Minister Edmund Bartlett. That’s why Bartlett is leading […]
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