Turnpage

Please visit our sponsors

RSS Feed
 

Current News & Press

 

Advertisement

The Bahamas Investor

News & Press Archives

 
The Bahamas Investor on facebookFollow The Bahamas Investor on TwitterSubscribe to RSS feeds from The Bahamas Investor
HOME > 
News & Press > 
Government dishes out $180k of grants to GB entrepreneurs

Participants of the Grand Bahama Micro and Small Business Economic Empowerment and Entrepreneurial Incentive Programme Cohort III were awarded grants worth $180,000 during a press conference last week. Pictured: Minister of State for Grand Bahama Minister Kwasi Thompson speaks at a press conference at the Office of the Prime Minister September 6, 2018. (BIS Photo/Lisa Davis)

Source:
Date:
Updated:
TheBahamasInvestor.com
Monday, September 10, 2018
Monday, September 10, 2018

Forty-one participants of the Grand Bahama Micro and Small Business Economic Empowerment and Entrepreneurial Incentive Programme Cohort III were awarded grants worth $180,000 during a press conference at the Office of the Prime Minister September 6, 2018.

Minister of State for Grand Bahama Minister Kwasi Thompson said that the government has a created a Small Business Development Centre which will start in New Providence, but will also have an office in Grand Bahama.


While the government will use $5 million to assist small businesses throughout the country, he said, in Grand Bahama $200,000 has already been issued. Additionally, the participants in Cohort III will receive $180,000.

Government dishes out $180kMinister of Agriculture and Marine Resources Michael Pintard (pictured), who was Minister of Youth, Sports and Culture when the programme began, announced the Self Starter Grant winners.

He said the programme was designed to fill certain gaps as an effort is being made by the government to revitalize not only the economy of Grand Bahama, but also the country as a whole. Minister Pintard thanked the lecturers and organizers who have participated in the programme.

The programme also provides mentors for the recipients to assist with their businesses.

Partnering with the government in this venture are the Grand Bahama Chamber of Commerce and the Grand Bahama Port Authority.

The Self Starter Grant winners have a wide variety of businesses including: education, event planning, photography, craft stores, clothing stores, tourism and transportation, bakeries, entertainment and fishing.

Government dishes out $180k of grants to GB entrepreneurs

Pictured: Participants in the Grand Bahama Micro and Small Business Economic Empowerment and Entrepreneurial Incentive Programme Cohort III graduate September 6, 2018. (BIS Photo/Lisa Davis)

Ministry of Tourism and Aviation has partnered with The Bahamas Development Bank to host a series of workshops to encourage young entrepreneurs to set up businesses. Watch a video about the initiative here.

Stopover visitor arrivals to The Bahamas were up 15.2 per cent for the first six months of this year, compared to the same period last year, according to government figures released last week.

The Bahamas Investor
Administrative Links
  


  © 2018 ETIENNE DUPUCH JR PUBLICATIONS LTD