small business

Belize Gets $10.5 Million Loan For Small Business Development

 Above: CDB Acting Vice President for Operations Nigel Romano with Yvonne Hyde, director for Belize (Photo: CDB) By the Caribbean Journal staff Belize has reveived a $10.5 million loan from the Caribbean Development Bank, the bank announced last week. The …

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 …

LATEST NEWS

 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 …

 Above: Guyana President Donald Ramotar (UN Photo/Paulo Filgueiras) By the Caribbean Journal staff Guyana has launched a project targeting small and micro-enterprise development. The project offers loans that require interest rates below six percent, offering a maximum of just under …

 By Mark A TurnquestOp-Ed Contributor NEW ENTREPRENEURS in the Bahamas must get into the game by conducting a comprehensive market search before they develop practical business plans. Existing small and medium sized enterprise (SMEs) owners must stay in the game …

 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 …

 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 …

 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 …

 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 …

 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 …

 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 …

 By Mark A TurnquestOp-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 of …

 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 …

 By Richard KildareOp-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 a …

 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 …

 By Richard KildareOp-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 one …

 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 …